Save on tax by diversifying your retirement savings

Jan 10 2018 15:57

Maximising your tax efficiency could mean finding a balance between your discretionary and retirement savings, explains an expert.


Common tax pitfalls relating to investment property

Dec 18 2017 18:47

Whether investing in property for long-term returns or for resale in the short term, taxpayers must know how their decisions will affect their tax liabilities.


Tax Court decision good news for franchise operators

Nov 16 2017 17:23

The Tax Court upheld that a special, and mostly under-utilised tax deduction allowed by section 24C of the Income Tax Act, may be applied to franchisee costs.


Good news for expats: Your first R1m won't be taxed

Sep 14 2017 11:38

Treasury has proposed changing parts of the draft Taxation Laws Amendment Bill after taxpayers living abroad explained how it will severely knock remittances to SA.


Trusts: Another tax loophole about to close

Sep 03 2017 16:59

Another tax loophole is about to slam shut for South Africans who use interest-free or low interest loans made to a company-connected person in relation to trusts.


Over 2 100 complain to tax ombud in last financial year

Sep 11 2017 09:56

Complaints to the tax ombudsman spiked from 156 to 2 133 in a two-year period, Finance Minister Malusi Gigaba said in a written parliamentary reply.


Plan to cut tax credits could see poorest medical aid holders lose out

Aug 29 2017 07:35

Removing tax credits for medical schemes will make them unaffordable to 22% of current scheme holders, affecting poorer members most, according to research.


More flexible domestic treasury management requirements

Aug 24 2017 19:36

The draft Taxation Laws Amendment Bill proposes that the requirement that a domestic treasury management company be incorporated in SA be removed.


#GuptaLeaks: Questions surround Guptas’ minimal tax returns

Aug 23 2017 07:30

Evidence from the #GuptaLeaks shows that SARS accepted declarations from the three Gupta brothers to the effect that they earned R1m or less each per year - and paid personal income tax accordingly.


Tax ombud sees further rise in complaints

Aug 07 2017 21:39

There was a 5% increase in complaints to the tax ombud in the 2016/17 financial year, Finance Minister Malusi Gigaba has revealed in a written Parliamentary response.


Look out for these tax change proposals

Jul 25 2017 14:02

A tax expert points out the specific tax proposals contained in the draft tax legislation released for comment last week.

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