Why Treasury wants to keep the 183 day rule for expat taxpayers

2017-09-20 16:18

National Treasury believes that the 183 day threshold for South Africans working outside the country should remain in the proposed amendments to the tax laws.

Good news for expats: Your first R1m won't be taxed

2017-09-14 11:38

Treasury has proposed changing parts of the draft Taxation Laws Amendment Bill after taxpayers living abroad explained how it will severely knock remittances to SA.

LIST: 9 measures to see if SA's tax regime is healthy

2017-09-11 13:49

Elias Masilela, member of the National Planning Commission, says SA's tax regime must be supported by better governance, improved transparency and deep levels of accountability.

Have a disabled child? Here's how to get SARS disability tax credits

2017-09-05 13:48

If you are a registered taxpayer and one of your dependents have a disability or physical impairment, you could qualify for tax benefits. We tell you how it works.

Trusts: Another tax loophole about to close

2017-09-03 16:59

Another tax loophole is about to slam shut for South Africans who use interest-free or low interest loans made to a company-connected person in relation to trusts.

Long wait to file a tax return

2017-09-01 14:14

A reporter’s frustrating day dealing with SARS.

Treasury urged to review double tax on expat workers

2017-08-29 13:14

Tax experts have urged National Treasury to give careful consideration to the economic implications of repealing the exemption on taxes for South Africans who work overseas.

More flexible domestic treasury management requirements

2017-08-24 19:36

The draft Taxation Laws Amendment Bill proposes that the requirement that a domestic treasury management company be incorporated in SA be removed.

Sasol prepares for tax battle

2017-08-21 20:02

Sasol could potentially end up with a R12.8bn tax bill. But the petrochemicals group believes that it has an excellent chance of having the bill set aside.

Trump says Amazon does 'great damage' to retailers

2017-08-16 14:19 is causing great damage to tax paying retailers,' US President Donald Trump said in a Twitter post, causing shares in the online retailer to fall 1.2%.


#GuptaLeaks may be sword that undoes SA's Gordian knot - Manuel

2017-09-19 16:09

South Africa’s complex set of problems is unravelling, exposing the bad in the country including "shenanigans" at SARS, says former finance minister Trevor Manuel.

SARS misses first-quarter tax target by R13bn

2017-09-12 12:24

SARS has missed its first-quarter tax revenue target by R13.1bn, a document in Fin24’s possession reveals.

Economic growth a priority to boost tax revenue – Gigaba

2017-09-11 11:40

Finance Minister Malusi Gigaba says economic growth should be a priority to ensure that enough tax revenue is generated for the fiscus.

Tax refund delays the exception, not the norm - SARS

2017-09-05 06:02

SARS says it was “unfortunate’ that Tax Ombud Judge Bernard Ngoepe concluded in a report that delayed payments to taxpayers by SARS was a “systemic issue”.

Gigaba faces R50 billion budget shortfall - economist

2017-09-01 22:00

South Africa’s budget is facing a 'hole' of about R50bn despite tax hikes, according to emerging markets economist Peter Attard Montalto of Nomura.

Parliament hears about 'fake' expat tax proposals

2017-08-29 20:01

South Africans initially thought the proposed repeal of a provision that exempts those who work overseas from paying tax in the country, was fake news, Parliament hears.

Plan to cut tax credits could see poorest medical aid holders lose out

2017-08-29 07:35

Removing tax credits for medical schemes will make them unaffordable to 22% of current scheme holders, affecting poorer members most, according to research.

Nowhere to hide from taxman as D-Day for offshore disclosure looms

2017-08-21 21:00

The window period for taxpayers to disclose offshore assets and income to SARS as part of its special voluntary disclosure programme will soon close.

New tax plan for overseas work will have hefty impact - expert

2017-08-19 16:00

National Treasury’s proposal to repeal an exemption to avoid double taxation of South Africans who work abroad will have a far-reaching impact on a number of individuals, says a tax expert.

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