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SARS VAT Reference Guide for Foreign Donor Funded...

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


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

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


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

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


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

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


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VAT exemption and Customs Duty rebate on importati...

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


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

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


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Proposal regarding COVID-19 disaster relief funds...

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


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

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


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Covid-19 Tax Measures FAQ's

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


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

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


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Draft Disaster Management Tax Relief Bill

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


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GUIDELINES FOR APPLICATION: DEBT RELIEF FINANCE SC...

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


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

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


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How to contact SARS during the lockdown period

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


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Variable Remuneration (Section 7B)

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


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Employment Survival Guide

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


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Covid-19 and Tax

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


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Temporary Employer/Employee Relief Scheme Easy Aid...

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


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

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


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

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


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

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


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

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


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

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


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Enhancements to the ITR14 Company Income Tax Retur...

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


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