April 13, 2018
The South African Revenue Service (“SARS”) implemented several changes to the annual income tax returns for companies (the ITR14) on 26 February 2018 as part of […]
March 25, 2018
Published by Admin at March 25, 2018
Categories
Section 6B of the Income Tax Act[1] provides for an additional medical expenses tax credit (“AMTC”) which is calculated against qualifying “out of pocket” medical expenses. […]
March 25, 2018
In terms of section 17 of the Value-Added Tax Act, 89 of 1991, a registered VAT vendor is entitled to claim back any amounts of VAT […]
March 25, 2018
South Africa’s budget paints a very interesting picture when one drills down into the numbers involved. The annual national budget presented in Parliament on 21 February […]
March 25, 2018
Running a business has many challenges, from building clientele to employee relations. However, one of the biggest challenges a business may face is keeping abreast of […]
March 19, 2018
As you are aware, the National Treasury announced an increase in Value Added Tax (VAT) from 14% to 15% effective 1 April 2018. We urge you […]
February 28, 2018
In the ordinary course of business, assets used by taxpayers to conduct their trade are often written down over a number of years in the form […]
February 28, 2018
Growing a business takes several important characteristics that require a dedicated leader driving it at the helm. These characteristics include vision, change and people. An effective […]
February 27, 2018
Section 18B of the Value-Added Tax Act[1] was introduced effective 10 January 2012 in a bid to grant relief for residential property developers caused by the […]
February 27, 2018
When it comes to looking after the welfare of a business, accounting tops the list as being the most important. Without proper accounting, a business runs […]