NEWS | 11 MISTAKES ON YOUR TAXES THAT COME WITH 2 YEARS’ IMPRISONMENT
A new set of tax law amendments, signed by President Cyril Ramaphosa, and promulgated on 20 January 2021 has granted SARS all the legal fire power it needs to impose criminal sanctions on taxpayers who neglect their tax affairs.
NEWS | SARS PURSUES NON-COMPLIANT CRYPTOCURRENCY TRADERS
With South Africa and the world at large facing an economic downturn as a result of various factors, not the least of which being the Covid-19 pandemic, SARS is on a mission to plug the existing gaps in tax revenue collection and compliance.
NEWS | ROTATIONAL WORKERS AND PROVISIONAL TAXES – EVERYTHING YOU NEED TO KNOW
As 28 February 2021 looms near on the horizon, so too does the deadline for the second provisional tax submissions for 2021.
NEWS | PRESIDENT RAMAPHOSA SIGNS 3 YEAR RETIREMENT FUND LOCK-IN INTO LAW
The President, on 15 January 2021, assented to the Taxation Laws Amendment Act No. 23 of 2020 (“TLAA”), which was subsequently promulgated on 20 January 2021.
NEWS | RELIEF FOR EXPATS CONFIRMED WITH PROMULGATION OF TAX LEGISLATION
South African expatriates have been kept in suspense regarding a proposed law change aimed at providing relief to those who could not leave the country under lockdown.