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 […]
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 […]
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 […]
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 […]
Provisional tax payments must be made by natural persons registered for provisional tax on or before 31 August each year. This means that a provisional taxpayer […]
With the focus on skills development and job creation, the existing allowance for learnership agreements has been extended to all agreements entered into before 1 April […]
A practical problem often encountered in the VAT context is when services or goods are supplied to and from VAT vendors via agents. (In this context, […]
It happens very often that a business would purchase goods, and subsequently apply those goods in a different manner than it had initially intended to at […]
