SA expects decisive leadership from the president, including the fight against Covid-19 and holding his Cabinet to account, writes Mpumelelo Mkhabela.
Rain showers. Mostly cloudy. Mild.
Tax and accounting firms have calculated that an increase in the VAT rate to 16% could bring R25 billion in additional revenue.
Eskom's inability to deliver electricity supply during Spring is cause for concern, according to a tax expert.
Steinhoff International Holdings nominated a new auditor as the retailer looks for a fresh start after an accounting scandal almost destroyed the company.
In his Budget speech, Minister of Finance Tito Mboweni spoke directly to rating agencies to address some of their most important concerns, says David French, director of tax consulting at Mazars.
South Africa can ill-afford to have the South African Revenue Service without a permanent head for much longer, according to Mazars.
In the recently issued Draft Taxation Laws Amendment Bill Treasury has proposed amendments to the Income Tax Act relating to taxing cryptocurrencies.
Treasury made very little attempt at reigning in government expenditure in Budget 2018, says a tax consulting director at Mazars.
The typical South African company loses around 5% of its annual revenue to fraud, according to Christo Snyman, national director of forensic services at Mazars.
Business rescue has started to yield some positive results in South Africa, says Neil Miller of Mazars Recovery and Restructuring.
The Draft Taxation Laws Amendments Bill includes further changes to curb the tax-free transfer of wealth to trusts through a low interest or interest-free loan.
Global audit and advisory firm, Mazars has launched a practice to offer skills and consulting services to businesses in the financial sector.
The economic policy paper released by Finance Minister Tito Mboweni, shows that Treasury is finally taking new business growth in SA seriously, says a tax expert.
The revenue service is taking steps to ensure that public benefit organisations, like religious institutions, which are tax exempt remain tax compliant when it comes to their alternative revenue streams.
A "gambling levy", to mitigate the negative effects of excessive gambling, was again proposed in Finance Minister Tito Mboweni's 2019 Budget speech.
South Africans should take advantage of the opportunity to have their wills drafted during this year’s Wills Week from 17 to 21 September.
It seems as if tax administration and compliance have taken a back seat in the ongoing struggle to fund the revenue shortfall, says a tax consultant at Mazars.
Whether investing in property for long-term returns or for resale in the short term, taxpayers must know how their decisions will affect their tax liabilities.
Income taxes will almost certainly increase next year and the top income bracket will likely see the highest increases, says an expert in the wake of Gigaba's budget.
The Department of Labour is intensifying its efforts to root out JSE-listed companies that contravene the Employment Equity Act, says an expert at Mazars.
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