When SARS creates its own tax loopholes

2018-07-21 07:45

A recent victory in court for SARS may have been an own goal – and the tax agency may want to appeal its own win, writes attorney Jean du Toit.

Impact of proposed tax amendments relating to cryptocurrencies

2018-07-18 11:23

In the recently issued Draft Taxation Laws Amendment Bill Treasury has proposed amendments to the Income Tax Act relating to taxing cryptocurrencies.

Further tax crackdowns as multinationals, BEPS tackled

2018-07-10 15:32

New legislation will make it a lot more difficult to hide tax money, which will have a major impact on multinationals who use transfer pricing to dodge tax.

SARS starts publishing names of convicted tax offenders

2018-07-09 14:37

Ten taxpayers who failed to submit their tax returns have been fined and now have criminal records, the tax agency has said.

6 ways you can save with tax deductions

2018-07-09 07:00

Tax filing season kicked off on July 1. Here are six ways taxpayers can save by claiming tax deductions, according to the experts - tax practitioners.

Zwai Bala’s scary R3 million tax bill: here’s your guide to your taxes in 2018

2018-07-06 00:00

If you don’t know anything about submitting tax returns and don’t want to get into trouble because of it, then we’ve got you covered.

Moyane ready for court battle to stop SARS Inquiry, says lawyer

2018-07-02 16:39

Tom Moyane’s lawyer has confirmed that the suspended commissioner will ask the courts to stop the SARS Inquiry if the president rejects their request.

Nene: No mission more important than restoring SARS' credibility

2018-07-02 13:35

Government is working to stabilise SARS, restore its credibility and strengthen its capacity to collect R1.345trn revenue for 2018, Finance Minister Nhlanhla Nene has said.

BRICS tax officials put heads together to curb evasion, illicit financial flows

2018-06-22 06:57

Information exchange aimed at curbing illicit financial flows and tax evasion dominated the BRICS Tax and Customs meeting.

Nedbank and Capitec pounce as Absa refuses to delete 'black-tax' tweet

2018-06-13 14:21

The bank asked users to vote on what black tax is, with options like "a source of anxiety" and "a financial burden".

 

SA’s top law firm reportedly sold Christo Wiese an alleged dubious deal – and Sars now wants millions back

2018-07-19 08:18

A new report details a complex deal sold to embattled tycoon Christo Wiese.

Uganda government reviewing controversial social-media taxes after outcry

2018-07-12 13:38

Uganda is reviewing a daily tax levied on users of social-media platforms such as Facebook, Twitter and WhatsApp, as well as tariffs on mobile-money transactions.

Soccer star Teko Modise on SARS' name and shame list

2018-07-09 15:47

Former Bafana Bafana regular Teko Modise is among those convicted for filing late tax returns, a SARS spokesperson has confirmed.

Why you should probably start buying men’s razors

2018-07-09 12:51

Did you know that you could be paying more for certain products purely because you’re a woman?

The rot runs deep in the tobacco sector

2018-07-08 09:17

Illicit cigarette manufacturers evade billions in tax and former Sars investigator Van Loggerenberg says he was threatened by people in the trade before he lost his job.

Video
Watch: This 188-year-old fairytale castle on Isle of Man could be yours for R72 million

Called Harold Tower, the gothic design castle was built around 1830, and has eight luxurious bedrooms.

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SARS inquiry to continue despite Moyane's objection

2018-07-02 14:33

The inquiry's chair has ruled that the commission into SARS will not stop after lawyers for the tax agency's former commissioner Tom Moyane asked it be put on hold pending his upcoming disciplinary inquiry.

NHI: What next for your medical aid scheme?

2018-06-27 06:58

An expert explains what happens to medical schemes once NHI becomes fully operational.

No hasty decisions on wealth tax, says Ramaphosa's economic advisor Trudi Makhaya

2018-06-20 07:31

Government must consider the Davis Tax Committee's work holistically before making decisions about a possible wealth tax, says President Cyril Ramaphosa's economic advisor Trudi Makhaya.

If robots steal our jobs, maybe we should make them pay tax

2018-06-10 09:29

It could help stop the benefits of automation from flowing only to the wealthy, but how do you define a robot?

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