March 16, 2022
Published by client-admin at March 16, 2022
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The annual National Budget Speech was delivered on 23 February 2022 by Finance Minister Enoch Godongwana. Practitioners are getting to grips with some of the more […]
January 19, 2022
Published by client-admin at January 19, 2022
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On 25 May 2021, the Supreme Court of Appeal (SCA) upheld an appeal by the Commissioner for the South African Revenue Services (“SARS”) against Tourvest Financial Services (Pty) […]
January 19, 2022
Published by client-admin at January 19, 2022
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Expenditure prescribed by SARS and which is necessarily incurred and paid for by a taxpayer due to a physical impairment or disability is a qualifying medical […]
January 19, 2022
Published by client-admin at January 19, 2022
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When an individual ceases to be a South African tax resident prior to retirement from a South African retirement fund and becomes tax resident of another […]
January 19, 2022
Published by client-admin at January 19, 2022
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Motor dealers may in certain instances pay an amount to a customer for a second-hand vehicle over the generally accepted trade-in market value reflected in the […]
November 22, 2021
Published by client-admin at November 22, 2021
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Unlike “conventional trusts” that are taxed at a flat tax rate, a special trust is taxed on the same sliding scale applicable to natural persons. The […]
November 22, 2021
Published by client-admin at November 22, 2021
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While the possibility of a global pandemic was always at the back of our minds, its emergence still managed to catch us off-guard and wreaked havoc […]
November 22, 2021
Published by client-admin at November 22, 2021
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A taxpayer who is aggrieved by an assessment or decision of SARS against that taxpayer has the right to dispute that assessment or decision. If an […]
November 22, 2021
Published by client-admin at November 22, 2021
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Section 9HB of the Income Tax Act provides for a roll-over of a capital gain or loss when an asset is transferred between spouses during their lifetimes. […]
October 8, 2021
Published by client-admin at October 8, 2021
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Taxpayers who make use of the South African Revenue Service’s (SARS) electronic filing system (or as it is generally known, eFiling) will know that, in addition to containing a history […]