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Tyre levy postponed to 2017

National Treasury has postponed to 2017 the implementation date of the environmental tyre levy that was meant to come into effect in October 2016...

3 days ago

Treasury heeds public concern over tax laws

The Treasury has made far-reaching concessions on the draft Taxation Laws Amendment Bill and the draft Tax Administration Laws Amendment Bill after public hearings highlighted the concerns of tax experts and other stakeholders...

By Linda Ensor 22 Sep 2016

SARS could lose out on AB InBev bonanza

The Anheuser-Busch InBev (AB InBev) takeover of SABMiller may not prove to be as big a bounty for the taxman as initially thought, if South African-based retail investors opt to use Section 42 of the Income Tax Act to delay paying Capital Gains Tax (CGT) on their profits from the £45-a-share offer...

By Ann Crotty 21 Sep 2016

EU probes Polish supermarket tax

BRUSSELS - The European Union on Monday opened a probe into Poland's new tax on supermarkets, risking to worsen a row with conservative-led Warsaw...

20 Sep 2016

Treasury presses with plan for recycled tyre tax

The Treasury will forge ahead with plans to convert the tyre levy into a tax, despite objections by the Recycling and Economic Development Initiative of SA (Redisa). To do this, it will seek legal advice on the constitutionality of the plan...

By Linda Ensor 9 Sep 2016

Draconian proposal to hit share incentive arrangements

The new bill suggests taxing dividends that would result in a punitive effective rate of tax that's not conducive to promoting business in SA...

By David Warneke 9 Sep 2016

Keeping abreast in a taxing environment

Any credible tax practitioner has to be aware of what is happening in the industry and how this could impact on the way they work...

2 Sep 2016

SA multinationals must prove to SARS they're sharing infrastructure

Offshore companies owned by South African residents may be regarded as controlled foreign companies for South African tax purposes, but could qualify for exemptions...

1 Sep 2016

Do I need to be a provisional taxpayer?

We often get asked by clients whether they need to be a provisional taxpayer, whether they can be deregistered as a provisional taxpayer and how the payment of provisional tax works...

By Desiree Goodwin, Issued by Meredith Harington 31 Aug 2016

Mittal to cough up R1,5bn for cartel conduct

The Competition Commission has shown it means business by hefting a massive R1,5bn fine on ArcelorMittal SA for cartel conduct...

30 Aug 2016

Professional body voices some concerns on new tax laws

The proposed 2016 Tax Administration Laws Amendment Bill will bring welcome change, but there are still concerns about the autonomy of the tax ombud...

By Sibusiso Thungo 29 Aug 2016

Is VAT payable on delivery fees?

The tax court recently considered the VAT status of delivery fees charged by a taxpayer that carries on a fast-foods delivery business...

By Gerhard Badenhorst 26 Aug 2016

Deloitte: sugar tax start-up date unrealistic

Implementing the sugar tax next year may be difficult as the supporting framework might not be ready...

26 Aug 2016

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