Nugent Inquiry to make further recommendations to stabilise SARS in final report
The Nugent Commission of Inquiry will hand over its final report to President Cyril Ramaphosa on Friday and it is expected to make further recommendations to stabilise the South African Revenue Service (SARS).
International tax: It’s about the company you keep
When in Rome… Following a brief stint in central America to attend an international conference, I was privy to a difference in cultural practice as well as social customs that were to be observed. For example, in Santa Domingo, driving is a bit like organised chaos. If ever you’ve thought the driving and traffic in […]
Are you unhappy with your additional assessment issued by SARS?
A Nasty Surprise from SARS The 2018 tax season has come and gone. However, the coast is not clear just yet. As SARS concludes their verification process – to review and confirm taxpayer’s information – many taxpayers may have received a nasty pre-holiday surprise from SARS.
When it comes to your taxes, don’t drink the water
Down to a “T” I recently had the privilege of attending a tax conference in the Dominican Republic. This involved months of planning in order to ensure a smooth flight, travel and attendance at an international tax event.
Industry pleas for dialogue on capped foreign income exemption
Several organisations have submitted proposals relating to the foreign income exemption for the 2019 legislative cycle. National Treasury is sticking to its amendment to limit the tax-free income South African tax residents earn outside of the country to R1 million. Industry bodies are asking that the cap exclude benefits, which are “a necessity” in some […]