Where a person borrows money to purchase shares, the general rule would be that the interest paid on the funds borrowed to fund that acquisition would […]
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 […]
The provisional tax regime operates as a continuous cash flow mechanism in favour of Government whereby tax on income earned is paid over provisionally in anticipation […]
Despite the fact that SARS has upheld their philosophy of education, service, and thereafter enforcement, they have noticed an increase in taxpayers not submitting their tax […]
It happens ever so often that a business would purchase goods, and subsequently apply those goods in a different manner than it had initially intended to […]
Taxpayers may require SARS to issue them with a tax clearance certificate for various reasons. This includes a general confirmation that the relevant taxpayer’s affairs are […]
Having a successful business means ensuring that it continues to grow. Without growth, your business will eventually run dry and stagnant. But with the added responsibility […]
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 […]
Many South African taxpayers earning a salary abroad have for many years been able to benefit from so-called “double non-taxation”. This would be the case where […]