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SARS VAT Reference Guide for Foreign Donor Funded...

14 April 2020
Tax Administration

This reference guide provides information and guidelines regarding the value-added tax (VAT) treatme...

Tax and Fiscal Policy in Response to the Coronavir...

15 April 2020
Corporate Tax

The OECD released its report on Tax and Fiscal Policy in Response to the Coronavirus Crisis on 15 Ap...

Protecting the silver lining: SCA confirms no empl...

16 April 2020
Tax Administration

The Fourth Schedule to the Income Tax Act 58 of 1962 (ITA), places an obligation on all employers an...

COVID-19: The UIF announces important updates to T...

16 April 2020
Corporate Tax

Many businesses directly or indirectly impacted by the COVID-19 pandemic, have one problem in common...

VAT exemption and Customs Duty rebate on importati...

08 April 2020
VAT

SARS has changed the definition of `essential goods’ as per the Disaster Management Act 57 of 2002,...

Increase in the limit of the annual contribution t...

27 March 2020
Tax Administration

Section 12T of the Income Tax Act provides for an exemption of interest earned, dividends earned and...

Proposal regarding COVID-19 disaster relief funds...

03 April 2020
Corporate Tax

In this article the proposal regarding donations made to COVID-19 disaster relief funds is briefly d...

COVID-19 Tax proposals: How SARS is assisting taxp...

03 April 2020
Tax Administration

National Treasury and SARS have introduced certain tax measures to temporarily relieve the pressure...

Covid-19 Tax Measures FAQ's

03 April 2020
Individuals Tax

Disaster Management Tax Relief FAQ’s for Employees’ Tax, ETI and Provisional Tax

Case Law: Diageo South vs The Commissioner for the...

03 April 2020
VAT

A judgment handed down on 3 April 2020 by the Supreme Court of Appeal (SCA) concerns the proper inte...

Draft Disaster Management Tax Relief Bill

01 April 2020
Tax Administration

The National Treasury in South Africa on 29 March 2020 issued “explanatory notes” on certain tax leg...

GUIDELINES FOR APPLICATION: DEBT RELIEF FINANCE SC...

28 March 2020
Corporate Tax

For Small Businesses in need of financial support during this difficult time, refer to the Debt Reli...

Case Law: Telkom SA SOC Limited vs The Commissione...

25 March 2020
Corporate Tax

A judgment handed down on March 25 by the Supreme Court of Appeal (SCA) held that a R3.9 billion for...

How to contact SARS during the lockdown period

25 March 2020
Tax Administration

SARS will provide all taxpayer services via our online channels and contact centers to give effect t...

Variable Remuneration (Section 7B)

27 March 2020
Payroll

The timing of accrual and incurral of variable remuneration must be on the payment basis and will on...

Employment Survival Guide

27 March 2020
Payroll

The COVID – 19 (or “Coronavirus”) is spreading. Employers and employees have a role to play in limit...

Covid-19 and Tax

25 March 2020
Corporate Tax

Monday 23 March 2020 will be remembered in the history books as the day that South Africa declared w...

Temporary Employer/Employee Relief Scheme Easy Aid...

24 March 2020
Payroll

The Temporary Employer/Employee Relief Scheme (TERS) process came into effect on 11 December 2019 wh...

Comparable Tax Exemption (Section 9D(2A))

23 March 2020
Corporate Tax

This amendment determines that the comparable tax exemption threshold be reduced to 67.5%.

Provisional Tax Exemption (Paragraph 19 of the Fou...

23 March 2020
Individuals Tax

An additional proviso (ii) to paragraph 19(1)(a) of the Fourth Schedule was inserted to the Act prov...

Foreign Employment Tax Exemption (Section 10(1)(o)...

20 March 2020
Individuals Tax

Remuneration in respect of services rendered outside the Republic for or on behalf of any employer i...

Value-Shifting Rules (Section 24BA and Section 40C...

18 March 2020
Corporate Tax

Anti-avoidance principles preventing the transfer of high value assets to a company in return for lo...

SARS Updated Tables A and B of the Average Exchang...

06 March 2020
Tax Administration

The Income Tax Act, 1962, provides specifically that certain amounts expressed in a foreign currency...

Enhancements to the ITR14 Company Income Tax Retur...

21 February 2020
Corporate Tax

On 21 February 2020, SARS implemented enhancements to the ITR14 Company Income Tax Return.