TFSAS – WHEN ARE THEY APPROPRIATE?
Much has been written about Tax Free Savings and Investment Accounts (TFSAs) and there was considerable excitement when these vehicles were first launched. While...
The calm before the storm
With less than a month to go before the 2017 Budget Speech, attention is shifting to possible tax amendments expected to be implemented in the new tax year.
NEW BILLS SIGNED INTO LAW
On 11 January 2017, President Zuma signed the following Finance Bills into Law.
Taxation Laws Amendment Act
The main purpose of the Bill is to amend...
TAX IMPACT SA MULTINATIONALS
Proposed tax amendments to SA’s controlled foreign company (CFC) rules will adversely impact South African multinationals with foreign subsidiaries that have assessed tax losses,...
CUSTOMS & EXCISE TAXING?
Demand from SARS
If you receive a letter of demand from SARS and intend disputing the alleged contravention, then it is advisable to request that...
