Trump isn’t immune to demand for tax records, Judge rules

2019-10-09 21:04

President Donald Trump’s accounting firm was ordered by a federal court to turn over his tax filings and other financial records to New York state prosecutors, though the president won a last-minute delay pending an emergency appeal.

The true cost of a 'free' or 'cheap' will

2019-10-05 14:34

Free or cheap wills can cost your estate dearly in the long run, according to Alfred Bester of Legacy Fiduciary Services.

SARS 'protect me from yourself' IT head exits with immediate effect

2019-10-02 13:47

SARS has ended the employment relationship with two suspended officials, with immediate effect. The revenue service will not pursue further actions against them.

SARS branches open on Saturdays in October in push to meet tax deadlines

2019-09-30 13:27

To make it easier for taxpayers to meet the deadlines to file their tax returns, SARS branches will be open from 08:00 to 13:00 during the month of October.

Aggressive tax planning: Not enough just to obey rules - consultant

2019-09-06 22:01

Simply obeying tax rules is not enough when it comes to so-called aggressive tax planning, in the view of a tax consultant at KPMG.

Sure you can't save more?

2019-09-05 11:10

Given the current economic environment, it is simply too difficult to save more, right? But your future retired self will thank you for every extra cent that you manage to put away. And the first steps to increased savings are basic.

SARS' guide to donations tax

2019-08-28 21:57

SARS' is issuing clarification notices to the public to better inform them on tax filing season. In this edition SARS focuses on donations and their tax implications.

When tax planning becomes tax avoidance - experts weigh in

2019-08-20 06:00

The International Ethics Standards Board for Accountants is looking into whether aggressive tax planning is ethical, even if it is legal.

Tax tips for pensioners

2019-08-06 06:01

The impact of taxes is just as important to consider after retirement as it is while saving for retirement, says an expert at Hobbs Sinclair.

Everything South Africans need to know about expat tax

2019-07-23 10:08

From March 2020, “expat tax” could be in full force and many South Africans abroad are uncertain about what this will mean for their forex flow. Here are five things you need to know.

 

New section 12J fund launched in hospitality industry

2019-10-08 20:52

Anuva Investments has launched a new fund, allowing for diversification from traditional 12J private equity into the property sector via a hospitality fund.

We will do better, SARS promises

2019-10-02 21:55

On the same day that ex-commissioner Tom Moyane renewed his bid to cross-examine Public Enterprises Minister at the Zondo commission of inquiry into state capture, the SA Revenue Service promised taxpayers a "new beginning".

Thanks to a five-year tax battle we found out who gifted a SA model R150 million: Lebanon’s prime minister

2019-10-01 21:36

Their relationship has since ended, and Van der Merwe said she therefore sued Sars R1 billion for loss of income.

Solidarity to use R1m from legal battles with Molefe and Motsoeneng to tackle tax abuse

2019-09-12 22:00

Trade union Solidarity has said it will use the monies it received following legal battles with Brian Molefe and Hlaudi Motsoeneng to fund future cases that challenge tax abuse.

Better ways to deal with black tax when you’re the breadwinner

2019-09-06 16:10

Because of history and culture, this expectation is felt most acutely by black South Africans.

Beware tax refund scam, Kaspersky warns

2019-08-29 20:28

A wave of fraudulent tax refund letters has been launched at unsuspecting taxpayers globally, according to a Kaspersky report.

Jail time, massive fine for businessmen caught in SARS crackdown

2019-08-27 14:13

A Welkom businessman has been sentenced to 15 years' imprisonment for fraud, while the chair of the Droogfontein community property association in has been handed a five-year suspended sentence and a R50 000 fine for defrauding the tax agency.

Ferial Haffajee: How NHI will send your taxes rocketing

2019-08-15 14:08

The drafters assume enough fiscal space to tax an additional 3% of GDP and this tax is likely to fall on working South Africans' shoulders, says Ferial Haffajee.

More South Africans exploring moving money offshore - tax expert

2019-08-04 08:40

An increasing number of South Africans have started to research their options on how to move money offshore, says a tax expert.

Tax season: 7 ways to protect yourself from cybercrime attacks

2019-07-19 07:00

An antivirus expert lists seven tips to help shield taxpayers from cyber crime attacks.

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