Tag: Value Added Tax (VAT)
SOUTH AFRICA’S 2017 BUDGET
Minister Pravin Gordhan and his team at National Treasury should be praised for striking the correct fiscal balance in this year’s budget. Gordhan understands...
2017 BUDGET REVIEW
Personal Income Tax
As many pundits predicted, the Minister of Finance today announced a new 45% tax bracket for individuals which will apply to taxable...
BUDGET 2017: GREATER THAN THE SUM OF ITS PARTS
Finance Minister, Pravin Gordhan and the National Treasury, have their work cut out for them in the 2017/18 financial year.
The economic stewards of...
NEDS MUST REGISTER FOR VAT!
SARS has confirmed the interpretation of the VAT law that requires non-executive directors (NEDs) of companies to register for and charge VAT in respect...
SMALL BUSINESS BUDGET FEARS?
High and middle-income earners are hearing a stream of bad news as the 2017/2018 Budget Speech by Finance Minister Pravin Gordhan approaches. Analysts are...
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...
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...
