NEWS | POSITIVE BUDGET SPEECH, BUT POOR REVENUES PUT HIGH EARNERS AT RISK
On 24 February, Finance Minister Tito Mboweni delivered South Africa’s 2021 National Budget speech.
NEWS | BUDGET TAKES PLIGHT OF ORDINARY TAXPAYERS INTO ACCOUNT, BUT NO COMPROMISE ON TAX COLLECTION
In this year’s budget speech, Minister of Finance Tito Mboweni steered a course between providing some relief to beleaguered taxpayers after a challenging year while still trying to stick to the government’s existing fiscal plans, says Thomas Lobban, Legal Manager for Cross-Border Taxation at Tax Consulting South Africa.
NEWS | BREAKING INTO AFRICA: HOW MULTI-NATIONALS MAXIMISE PARTNER NETWORKS TO EXPAND THEIR FOOTPRINT
Many African countries have recorded excellent gross domestic product (GDP) rates in excess of six percent in recent years and with their vastly youthful populations are attracting myriad multi-national firms that foresee these economies as presenting the next massive global growth opportunity.
NEWS | CRYPTOCURRENCY A PRIMARY CONCERN FOR TAX AUTHORITIES
There are many South Africans who have made investments into cryptocurrency, and we see all types of traders and investors on a daily basis.
NEWS | THE NEW FINANCIAL EMIGRATION ANNOUNCED BY SARB
Financial emigration is the process used by many South Africans abroad to formalise their non-resident status for both tax and exchange control purposes, and which is set to be amended, as mentioned a year ago in Budget 2020, and come into effect on 1 March 2021.