May 25, 2016

Revised Interpretation Note 1: Provisional tax estimates

Revised Interpretation Note 1: Provisional tax estimates All corporate taxpayers are affected by provisional tax as the mechanism used by the fiscus to collect income tax […]
April 26, 2016

What happens if I die without a will?

Attorneys often emphasise the fact that you should have a will drawn up and revise it regularly in order to facilitate the bequeathing of your possessions […]
April 26, 2016

The validity of tax invoices – it is your responsibility

The audits of Value-Added Tax (VAT) returns by the South African Revenue Service (SARS), have increased the focus on the validity of tax invoices for the […]
April 26, 2016

Tax free investment savings accounts

Our clients will have noted the various advertisements on radio and in the media generally of financial service providers inviting the public to invest in their […]
April 26, 2016

SARS amendments to the trust income tax return

Author: Jenny Klein (ENSafrica) During the 2014 tax year, the South African Revenue Service (“SARS”) introduced a new income tax return for trusts (ITR12T) which was […]
March 30, 2016

Public Benefit organisations – profit from tax benefits

Organisations with philanthropic missions serving the general public may enjoy the benefit of SARS’ generosity if they have all their ducks in a row. There are, […]
March 30, 2016

Inter-vivos Trusts and Testamentary Trusts

Much ignorance exists regarding the use of Trusts during bequests. This article will endeavour to shed some light on this important issue. An Inter-Vivos Trust is […]
March 30, 2016

How does the Employment Tax Incentive (ETI) work?

WHAT IS ETI? ETI is a tax concession made to encourage employers to hire young people with no work experience. The employer may claim the ETI […]
February 22, 2016

Estate agents: Audit requirements

Section 29 of the Estate Agency Affairs Act (EAAA), Number 112 of 1976, states that every estate agent shall keep such accounting records as are necessary […]
February 19, 2016

The Tax implications of a franchise arrangement: Franchise perspective

Many business owners operate franchise businesses that allow them to build their success by making use of the franchisor’s intellectual property, established business processes and image.  […]