August 14, 2020

Dividend declaration, loan clearance and tax avoidance

In terms of the Tax Administration Act, the South African Revenue Service (“SARS”) can issue, in response to an application, Binding Private Rulings (“BPR”) and clarifies how the Commissioner would […]
August 14, 2020

Welcome cash flow and liquidity relief for struggling SMMEs

The last few months have been extremely tough for small business owners as a result of the global COVID-19 pandemic, and various lockdown measures that have created a challenging trading […]
August 14, 2020

The de-merging of companies amid unbundling

In terms of the Tax Administration Act, the South African Revenue Service (“SARS”) can issue Binding Class Rulings (“BCR”) in response to an application by a class or group of persons and […]
August 14, 2020

Meeting the requirements of export regulations

Interpretation Note 30 (“IN 30”) by the South African Revenue Service (“SARS”) explains the requirements that need to be adhered to and prescribes the documentary proof, […]
July 24, 2020

Does your home office qualify you for a tax deduction?

As the old adage goes, change is as good as a holiday. But the way that the novel coronavirus has shaken up the world we live […]
July 24, 2020

Double tax agreements: Keep your income abroad safe

The purpose of double tax agreements (“DTA” or “treaty”) between the tax administrations of two countries is to enable the administrations to eliminate double taxation, where […]
July 24, 2020

Setting your business up for expansion

When businesses expand, they often look beyond national borders. With such an expansion, there are several added advantages for establishing a holding company, which then owns […]
July 24, 2020

Surviving the disaster of job loss

As COVID-19 has ravaged the economy and stripped it bare of tens of thousands of jobs, there is a real threat to the livelihoods of many […]
June 29, 2020

SARS will start issuing ‘auto-assessments’ to taxpayers in August 2020

In May 2020, The South African Revenue Services (SARS) commissioner confirmed that SARS will start issuing auto-assessments to certain taxpayers from 1 August 2020. During the […]
June 26, 2020

Taxpayers’ details remain protected

In the case of the Commissioner for SARS vs Public Protector (23 March 2020) in the Gauteng High Court, the matter of the confidentiality of taxpayer information came […]
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