Why you pay tax

2017-11-21 14:40

A financial expert explains how to file your tax return

Tax Court decision good news for franchise operators

2017-11-16 17:23

The Tax Court upheld that a special, and mostly under-utilised tax deduction allowed by section 24C of the Income Tax Act, may be applied to franchisee costs.

Davis Tax Committee: Distinguish between profit shifting and illicit financial flows

2017-11-14 08:44

It is important to differentiate between base erosion and illicit financial flows, the Davis Tax Committee has told Finance Minister Malusi Gigaba.

NHI could go same route as e-tolls, Davis Tax Committee warns

2017-11-13 21:30

The uncertainty around National Health Insurance is cause for concern, says the Davis Tax Committee, which emphasised the need for proper consultation before its implementation.

SA's public finances have run into a brick wall

2017-11-10 06:58

In the current environment of continued reporting of extreme waste in public expenditure, taxpayer morality is already recognised to have deteriorated, says Jac Laubscher.

Black tax hitting pockets hard

2017-11-05 06:00

South Africans are buying in bulk, scrimping on luxuries and joining savings schemes in abid to make ends meet.

SARS dispute with Auditor-General raises concerns

2017-10-27 18:53

Members of the Portfolio Committee on Finance have expressed concern with a potential lack of oversight of the SA Revenue Service.

Gordhan warning rings true in mini budget - tax expert

2017-10-25 21:44

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.

New policies and programmes? Then match it with tax hikes

2017-10-25 14:21

if government wants to introduce any new programmes and policies, they will have to be matched with parallel tax increases, says Finance Minister Malusi Gigaba.

Tax revolt may be brewing in South Africa

2017-10-25 14:21

A tax revolt may already be brewing in South Africa. This can be deduced from the mini budget indicating that tax compliance concerns are mounting in the context of tax administration challenges and weakening tax morality.


Davis: It is not about Moyane

2017-11-19 06:07

The recommendation by the Davis Tax Committee (DTC) that the SA Revenue Service commissioner “urgently” receive more oversight has nothing to do with Tom Moyane, DTC head Judge Dennis Davis told City Press.

Keep existing fiscal regime for oil and gas - Davis Tax Committee

2017-11-15 12:03

The Davis Tax Committee has recommended that Treasury keep the existing fiscal regime for oil and gas as it is well-established and efficient.

Davis Tax Committee: Inquiry needed on SARS laws, appointment of commissioner

2017-11-14 05:30

Examine all legislation about the running of SARS and appoint the SARS commissioner in the same way as the public protector, recommends the Davis Tax Committee.

Sars hunts 49c debt

2017-11-12 06:01

A dumbfounded taxpayer is knocked by the taxman for an outstanding amount of 49c. And ordinary taxpayers are subjected to more tax audits, while the taxman takes longer to make repayments.

The #ParadisePapers data dump: What's been reported so far

2017-11-06 07:27

A new set of data taken from an offshore law firm again threatens to expose the hidden wealth of individuals and show how corporations, hedge funds and others may have skirted taxes.

Gigaba offers no clarity on taxes

2017-10-29 06:00

Finance Minister Malusi Gigaba has given little indication of how government intends raising the additional R15bn in tax revenue outlined in the 2016 Budget Review.

Look into SARS, MPs tell Gigaba amid glaring tax shortfall

2017-10-26 18:10

Members of Parliament want Finance Minister Malusi Gigaba to look into the administration of the SA Revenue Service on the back of a R50bn tax collection shortfall.

Mounting debt-service costs crowd out social and economic spending

2017-10-25 15:51

With state revenue under pressure and expenditure needs rising, an increasing share of tax collection will be diverted to settle interest payments on state debt.

Gigaba evasive on tax increases, but expect it to happen

2017-10-25 14:21

Finance Minister Malusi Gigaba was careful not to distress South Africans with visions of big tax hikes, but it seems inevitable that an increase, or possibly new taxes, will be on the cards in February next year.

Gigaba in 'hard place' with R40bn tax hole

2017-10-23 07:47

Finance Minister Malusi Gigaba faces a gaping budget hole - and will have to consider cutting spending, raising taxes and selling state assets if he wants to avoid further ratings downgrades.

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