NEWS | FERRARI LOGISTICS WIN CASE AGAINST SARS OVER WRONGFUL TAX DEBT DEDUCTIONS
SARS ordered to repay R1 million wrongfully deducted from Ferrari Logistics The Pretoria High Court has ordered that the SA Revenue Service to refund Ferrari Logistics, from which it wrongfully collected more than R1 million from its bank account by means of a third-party appointment in terms of Section 179 of the Tax Administration Act. […]
NEWS | WHAT SARS’ SUCCESSFUL COURT APPLICATION MEANS FOR STATE CAPTURE
The Pretoria High Court has granted SARS’ application to preserve more than R4bn in state capture loot. SARS’ victory in these urgent court proceedings reveals the importance of the taxman’s involvement in recovering proceeds of state capture and bringing the beneficiaries to book.
NEWS | RESTRAINT OF TRADE AND WITHHOLDING PAYE
The tax implications of a restraint of trade payment The law around restraint of trade payments has been made very clear with regard to how these amounts ought to be taxed. Historically, taxpayers endeavoured to structure receipts as restraint payments for tax reasons, as these amounts are capital in nature and thus not subject to […]
NEWS | CLAIM TAX HOME OFFICE – SARS AUDIT WILL ASK THESE QUESTIONS
With Covid-19, many taxpayers are looking to claim home office expenses. This tax claim is, however, subject to quite complex law which only allows claims in very limited instances.
NEWS | 12 TAX LAW CHANGES TO DISCUSS WITH YOUR ACCOUNTANT POST COVID-19
While the country was under lockdown, it appears SARS and National Treasury have been hard at work, using this time to refine the law in SARS’ favour.