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 […]
The Commissioner for SARS recently published the annual notice to officially ‘open’ the 2017 tax season. Individuals are now able to file their annual income tax […]
According to the South African Revenue Service (SARS), South Africa has a residence-based tax system, which means residents are, subject to certain exclusions, taxed on their […]
Following the annual national budget speech delivered by Finance Minister Pravin Gordhan on 22 February, we highlight some of the most significant matters arising below: A […]
The renewed focus by National Treasury on the taxation of trusts was widely anticipated and it came as little surprise earlier this year that the first […]
How long must I keep my tax records? When can I throw old tax-related documents away? What happens if SARS request supporting documents and I don’t […]
Dividends received by a South African taxpayer are generally exempt from income tax. The major exemption though being dividends received from so-called REITs (these being some […]
