Ramaphosa has signed 5 key tax and revenue-related bills - here's what that means

2020-01-21 05:00

President Cyril Ramaphosa last week signed five bills relating to tax administration and other division of revenue proposals for the 2019 fiscal year.

Expat tax: Countdown to implementation kicks off

2020-01-07 22:00

An amendment to the Income Tax Act will bring considerable change to the expat landscape as from March 1, 2020.

Court holds off issuing Public Protector subpoena forcing SARS to release Zuma's tax information

2019-11-12 17:44

SARS head Edward Kieswetter says he won't be expected to present tax records to Busisiwe Mkhwebane, pending legal clarity on releasing such information.

SARS is doing a good job, its target is just too high - tax expert

2019-10-25 05:00

Given SA's economic performance, a tax expert says the tax collection target of R1.422trn is 'unrealistic'.

A tax revolt will hit everyone's pocket - analyst

2019-10-23 06:00

Although a tax revolt might be able to draw attention to issues in the short term, in the long run it is less successful, according to a tax expert.

Sars is set to be R215 billion short by the end of this tax year – here are six ways that will make you poorer

2019-10-19 16:02

The failure to collect enough tax is going to haunt consumers in coming years. Here's what that will look like.

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.

 

Here's what SA financial experts would do with R10 000 in 2020

2020-01-13 06:00

Fin24 asked financial experts how they would grow R10 000 in the new year. Here's what they said.

Lucky Star owners not so lucky as taxes eat into earnings

2019-11-15 11:22

Fishing group Oceana's profits would have performed better if it wasn't for a R248m tax expense.

What's being deducted? A guide to understanding your payslip

2019-10-27 07:04

In terms of the Basic Conditions of Employment Act, an employer may only deduct funds from your salary if an agreement to do so has been signed, and if they are legally allowed to do so. But many people don't understand their payslip.

Phillip Morris throws its weight behind SARS crackdown on illicit trade

2019-10-24 14:08

Minister of Finance Tito Mboweni told Parliament that the South African Revenue Service would compile comprehensive research will assist in determining the size of each illegal trading item.

5-point plan to rebuild SARS and improve tax collections

2019-10-20 17:45

Tax experts weigh in on what SARS boss Edward Kieswetter can do to restore the organisation to its former glory and boost revenue collections.

Sluggish economy, SARS inefficiencies likely behind revenue shortfall - tax experts

2019-10-17 17:36

Tax revenue collection may fall short by up to R50bn, tax experts have said, and it may be because new SARS boss Edward Kieswetter is preoccupied with rebuilding capabilities at the institution.

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.

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