July 4, 2019

TAX SEASON 2019: IMPROVEMENTS MADE TO EFILING

SARS recently released two media statements, in which it notes several improvements made to eFiling for the 2019 tax season, including the issue of customised notices […]
July 4, 2019

CAPITAL GAIN: CALCULATING YOUR FOREIGN CURRENCY

With the fast approaching 2019 tax season, taxpayers who have realised a capital gain in a foreign currency should take note of the special rules that […]
July 4, 2019

BELASTING OP BUITELANDSE INDIENSNEMINGSINKOMSTES

Artikel 10(1)(o)(ii) bied verligting aan belastingbetalers deur nie op buitelandse indiensnemingsinkomste (“employment income”) belas te word nie aangesien die buitelandse maatskappy reeds LBS / belasting op […]
July 4, 2019

TAX SEASON 2019 – TAX SEASON KICKS OFF AND HERE’S WHAT YOU NEED TO KNOW

Tax season 2019 officially started on Monday July 1 for South African taxpayers who make use of e-Filing. Tax season 2019 offical dates: Tax season opens […]
June 13, 2019

SARS CHANGES TO EMPLOYER STATEMENT OF ACCOUNT

The South African Revenue Service (“SARS”) has recently made changes with regards to the management of payroll taxes in order for employers to more effectively manage […]
June 13, 2019

SALE OF SHARES: INCOME VS REVENUE – BACK TO FIRST PRINCIPLES

The distinction between amounts of a capital nature as opposed to a revenue (or income) nature is essential, and over the years, few other topics have […]
June 13, 2019

TAX ON GIFT CARDS

The Cape Town Tax Court delivered a judgement on 17 April 2019 on the timing of income tax in relation to gift cards issued by a […]
June 13, 2019

EXCLUSIONS FROM THE APPLICATION OF SECTION 7C: PRIMARY RESIDENCE

Section 7C of the Income Tax Act, No 58 of 1962 (the Act), was enacted effective 1 March 2017 and serves as an anti-avoidance measure aimed […]
May 16, 2019

RENDERING OF TRANSPORT SERVICES BY EMPLOYERS

Employers may provide employees with a transport service from their homes to the place of their employment. Such transport services constitute a taxable benefit in the […]
May 16, 2019

VALUE-ADDED REMARKS ON VALUE-ADDED TAX (VAT)

VAT is an integral part of our economic society and is something that influences everyone, especially businesses in South Africa. In this article, we will discuss […]