ARTICLES RELATING TO TAX

Moyane lashes out at SARS critics

2017-03-28 13:39

SARS commissioner Tom Moyane has come out guns blazing against “unwarranted and unsubstantial attacks”, which he says are having a negative impact on taxpayer confidence.

I do not account to SARS - Judge Dennis Davis

2017-03-19 06:37

The SA Revenue Service seems to have misunderstood the nature of the Davis Tax Committee when it dramatically announced that it wanted Judge Dennis Davis to recuse himself.

Retail sales decline to record low since global financial crisis

2017-03-15 18:05

Retails sales declined in January 2017, performing below market expectations and recording the worst performance since the global financial crisis.

Panama Papers: Nearly 2000 South Africans identified

2017-03-15 11:54

Altogether 1 917 cases involving South African residents have been identified in the Panama Papers scandal, the South African Revenue Service has told MPs.

Taxman wants Dennis Davis

2017-03-12 06:02

The SA Revenue Service (Sars) wants Judge Dennis Davis removed from the Davis Tax Committee and is considering a complaint against him at the Judicial Services Commission

SARS at risk of imploding

2017-03-05 05:07

Mass resignations, failure to maintain standards, lack of capacity and expertise, and an anti-intellectual culture blamed for low levels of revenue collection.

Revenue drop necessitates tax law changes - Treasury

2017-03-02 19:08

The significantly lower revenue collection of R30bn requires National Treasury to change the Income Tax and VAT Acts to ensure smooth tax administration and collection.

Govt's crisis of legitimacy fuels tax revolts - OUTA

2017-03-01 14:07

Focused tax revolts which are essentially “wrongful” conduct today become justifiable actions which shape the laws of tomorrow, says OUTA chair Wayne Duvenage.

Don't rely too much on personal income tax, warns commission

2017-03-01 06:02

The Financial and Fiscal Commission has cautioned that over the long term, personal income tax hikes could have a detrimental effect on economic growth

Bad news for higher income tax payers

2017-02-28 17:58

Despite a higher marginal income tax rate of 45% being introduced on taxable income over R1.5m, the National Budget maintained fiscal prudence, says OAM.

 

SARS unpaid VAT bill now at R19.6bn

2017-03-23 12:15

The South African Revenue Service delayed a total of R19.6bn of VAT refunds to vendors by the end of February 2017, according to National Treasury.

Black excellence: Top tax and IT firms join forces

2017-03-17 05:02

A leading online tax firm has joined forces with an entrepreneur, who started his IT business from the boot of his car.

Trump paid $38m tax on $150m income

2017-03-15 14:17

President Donald Trump has made more than $152.7m and paid $38.4m in federal taxes in 2005, according to two pages of his federal income tax return for that year.

Here's how to calculate your tax

2017-03-13 11:48

Budget 2017 contains updated tax tables and company employees will be paying more tax and taking less home at the end of the month, explains a payroll expert.

SARS wants Judge Dennis Davis gone

2017-03-10 13:40

SARS says that Judge Dennis Davis’ is no longer fit to serve on the specialist tax committee.

#Budget2017: All about tax

2017-03-02 20:15

The 2017 Budget Speech is all about tax, as Finance Minister Pravin Gordhan looked for ways to raise money and tighten expenditure, says a tax expert.

Tax revenue shortfall could be even higher than R30bn - expert

2017-03-02 06:12

National Treasury’s estimate of a R30bn revenue collection shortfall is optimistic, saysKyle Mandy, Director at auditing firm PriceWaterhouseCoopers

Tax relief: First 4 teaspoons of sugar free

2017-03-01 12:49

National Treasury has announced a slight lowering of the proposed rate on sugary beverages, making the first four teaspoons of sugar exempt.

Tax free savings accounts: What you need to know

2017-02-28 18:51

The National Treasury will shortly publish final amendments to tax free savings accounts regulations for the year beginning 1 March 2017.

Trade deficit improves by R9bn - SARS

2017-02-28 15:35

Data from the South African Revenue Service shows the R10bn trade deficit for January 2017 is an improvement of R9bn from the previous year.

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