By Staff Writer
There are many South Africans working abroad who have made the decision to return to their home country. For many, the pandemic was the roll of the dice that sealed their fates.
The South African Revenue Service continues to make good its commitment to call non-compliant South African taxpayers to account, most recently collaborating with the Irish Tax Authority to identify South Africans operating Airbnb businesses in Ireland.
The National Health Insurance Bill (NHI) remains an enigma. Despite numerous consultations and public participation workshops, key stakeholders are still unclear on a number of important issues around NHI.
There is cautious optimism that South Africa’s fiscal picture is improving after Finance Minister Enoch Godongwana delivered his maiden Budget Speech.
As many South Africans scramble to beat the end-of-tax year deadline of February 28, here is a breakdown of the taxes that can cause investments with identical performance to deliver substantially different after-tax returns.
Director at specialist tax advisors AJM, Dr Albertus Marais, cautions that significant structural threats and a dwindling corporate tax base remain key risks.
The government did not announce any increase in the VAT rate. The proposed amendments affecting VAT are largely technical in nature.
Jenny Gordon, Head: Technical Advice, Investments, Product and Enablement at Alexander Forbes summarises tax proposals from the 2022 Budget Speech.
Navigating the world of retirement funds and the effect of beneficiary nominations can become very complex and needs to be carefully considered to avoid unintended consequences.
Fighting financial crime is a never-ending battle. With criminals using evolving technology to bypass organisational defences, it is up to the companies to fight fire with fire.
FNB's Anne Klein highlights the importance of ensuring that the donation you make meets all SARS requirements and ensures that the organisation you are donating to is a section 30 and 18A registered PBO.
Using a temporary employment service (TES) provider can help businesses be flexible when external disruption has become the norm.
