Provisional Tax 101: What You Need To Know

Provisional Tax 101: What You Need To Know

With the 2018 tax filing season having come and gone, several taxpayers got in contact with us after receiving a nasty surprise on their income tax assessment.

E-Sports - Be Ahead of SARS' Game

E-Sports: Be ahead of SARS’ game

Tax Residency and Financial Emigration: Everyone is an Expert

Financial Emigration Ceases Tax and Exchange Control Residency The process of “Financial Emigration” terminates your tax residency status with the South African Revenue Service (“SARS”) as well as your status as exchange control resident with the South African Reserve Bank (“SARB”). The SARS process includes a verification or “audit” procedure, as financial emigration is not […]

Employee Tax Incentive Extension - Opportunities and Concerns

Employee tax incentive extension – opportunities and concerns

The Taxation Laws Amendment Act No. 23 of 2018, promulgated on 17 January 2019, extended the Employee Tax Incentive scheme (“ETI scheme”), which would have lapsed on 28 February 2019, for a further 10 years.

Tax Revolt Both Irresponsible and Highly Unlikely, Says Economists

Tax revolt both irresponsible and highly unlikely, say economists

Western Cape Premier Helen Zille’s call for a tax revolt is “quite anarchist” as it promotes civil disorder and disobedience, an economist has said.