SARS appreciates and acknowledges the support from the Tax Exempt Institutions’ community in 2024, a...
Is this arrangement considered a fringe benefit for the CEO, or is it classified as a normal securit...
The pay-now-argue later principle is firmly entrenched in our tax law and embodied in section 164(1)...
He says, she says: Timelines for record keeping and documentary proof as an efficiency “hack” for sm...
As the tax landscape becomes increasingly complex, tax practitioners are facing new pressures to mee...
We discovered errors in the calculation of capital gains during an income tax audit by SARS for the...
Can the company reflect the potential new value of the properties on the balance sheet, or would the...
A private company granted vested share options to its employees. Prior to the pay out, the company o...
In a rent-to-buy agreement, monthly payments reduce the final purchase price, and these payments mus...
Commission earners who earn more than 50% of their total remuneration as the commission can claim ex...
Under the Income Tax Act 58 of 1962, Section 6B(3)(c), taxpayers under 65 without medical aid can cl...
Registering with the FIC is a crucial step for any accounting firm aiming to combat financial crimes...
Money laundering involves manipulating money or property to disguise its true origin. Criminal activ...
A company purchases a motorcycle branded with the company’s logo and marketing material to sponsor i...
Prior to the introduction of Tax Administration Act No 28 of 2011 (“TAA”) the role of the tax compli...
Client A is considering avenues for financial aid for her son, who grapples with mental health chall...
Trustee A's loan for a primary residence is exempt from Section 7C, but Trustee B's non-primary resi...
This discusses tax implications for returning South Africans, including residency criteria, asset in...
En commandite partnerships tax both active and silent partners equally, with deductions limited by f...
Taxpayers and their advisors often face challenges navigating between suspension requests for disput...
Seeking information on the current status of Tax Act Section 24F and the practical aspects of Sectio...
Whether you are a South African tax resident looking to diversify your investments or a tax non-resi...
In this article we highlight some of the noteworthy practical consequences of the amendments to be c...
A South African taxpayer in the UAE seeks to end tax residency in South Africa through the UAE/South...
In South Africa, being married in community of property entails sharing 50% of each spouse's investm...
Correctly categorised attorney disbursements on separate invoices should not incur additional VAT, a...
The trustee granted a loan to a trust for a holiday home, triggering Section 7C. However, as the hol...
A deceased individual's estate inherits a share portfolio, qualifying for spousal roll-over relief b...
Inheritance of property by a surviving spouse could trigger CGT, allowing a rollover for a resident...
Delays in obtaining a Deceased Estate Clearance (DEC) certificate from SARS are explored, revealing...
The company can claim business expenses and deductions against its total income, including capital g...
Entities that have tax losses are likely to find themselves in a position where they have to conside...
Trust A is a 100% shareholder of Company B. Trust C has a debit loan with Company B (no interest is...