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Cash-strapped municipalities missing obvious preservation opportunities

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Cash-strapped municipalities are missing obvious opportunities to recoup unclaimed taxes. Often, they are focused on bigger budget items, but they need to realise that one obvious answer to cash preservation is hiding in plain sight.

Transfer pricing – where in the range is the right point?

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In recent times, tax authority queries resulting in transfer pricing adjustments have increased significantly, both globally and in Africa. Often, the outcome of a transfer pricing benchmarking study is an arm’s length range rather than a specific margin or price, and the question arises as to which point within such a range is appropriate and therefore arm’s length?

Understanding tax on your payslip – as easy as 1 +...

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Most employees break out into a cold sweat when they see the PAYE amount on their payslips, not to mention that they are petrified in trying to understand these calculations. With some basic professional training with practical examples, understanding the basics of tax can easily be learnt with basic arithmetic.

SARS publishes income tax return filing dates for 2022 assessment

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The South African Revenue Service (SARS) has announced the deadline dates for filing income tax returns for the 2022 year of assessment as well as the details of those exempt from filing returns. On 3 June 2022, SARS will publish a notice in the Government Gazette specifying the taxpayers that do not need to file income tax returns for the 2022 year of assessment, and the deadlines for taxpayers that have to file an income tax return.

SARS’ ‘hit list’ to eradicate non-compliance

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When it comes to non-compliance, the South African Revenue Service (SARS) takes no prisoners, and has the full backing of the presidency, in its drive to stop tax evasion and other fraudulent activities related to the fiscus, with President Cyril Ramaphosa praising the revenue authority’s efforts in tackling tax dodgers and those benefitting from criminal proceeds.

VAT in Africa Guide 2022 – Africa re-emerging

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We take great pleasure in presenting the eighth edition of the VAT in Africa Guide – Africa re-emerging. This backdrop of renewal informs our theme and purpose of focusing on the re-emergence of African economies and societies which have been affected by the COVID-19 pandemic. 

Tax Freedom Day – Thursday 12 May 2022

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Congratulations SA taxpayers - you've paid government - now what you earn is yours!

Isle of Man emerging as territorial forerunner among SA investor expats

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As the South African Revenue Service (SARS) intensifies its focus on the tax compliance of high net-worth individuals (HNWI), a self-governing island nation located in the Irish Sea has steadily emerged as an appealing emigration destination for prospective South African expatriates.

BOOK REVIEW | How to Get a SARS Refund for Retirees

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This book will assist people who will soon retire, or who have already retired, to understand how tax works in relation to their retirement so that retirees can make informed, tax-efficient decisions regarding their retirement savings.

Death, taxes, and remote working

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Given the ever-changing landscape of the past two years, the adage that nothing is certain except death and taxes is perhaps more apposite than ever. Whilst it may appear that a semblance of normality is returning, its almost as certain as death and taxes, that remote working will be a part of the next normal.

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