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Reserve Bank retains repo rate at 5.75%

The decision by the Monetary Policy Committee of the Reserve Bank to retain the repo rate at 5.75% (base home loan rate of 9.25%) is a positive start to the year for the property market, says Seeff Chairman, Samuel Seeff...

30 Jan 2015 12:45

SARS confirms CCMA resolution

The South African Revenue Service (SARS) has confirmed that an unfair labour practice involving suspended deputy commissioner Ivan Pillay has been resolved...

29 Jan 2015 10:52

VAT vendor wins case against State

The Supreme Court of Appeal (SCA) on 12 December 2014 handed down judgment in the matter of Director of Public Prosecutions, Western Cape v Parker (103/14) [2014] ZASCA 223...

By Heinrich Louw 23 Jan 2015 10:11

Farming income vs lease income

A recent decision of the High Court of the Western Cape will be of interest to plantation farmers...

By Peter O' Halloran 23 Jan 2015 09:45

Changes to fringe benefit tax expected

Several changes to tax regulation, including fringe benefit tax on company cars, are expected to be announced when Finance Minister Nhlanhla Nene will present the budget speech to Parliament on 25 February 2015...

21 Jan 2015 11:47

Budget 2015: Have your say

Finance Minister Nhlanhla Nene has asked South Africans for their views on the upcoming Budget Speech and the general state of the economy...

20 Jan 2015 08:25

Claiming notional input tax credit

Where a VAT Vendor acquires fixed property from a Non-VAT Vendor, such transaction is subject to Transfer Duty at the prescribed rates...

By Louis Kruger 16 Jan 2015 12:46

SARS boss suspended again after court relief

SARS has upped the ante in its bid to discipline its staffers, suspending senior executive Peter Richer for the second time...

By Natasha Marrian 12 Jan 2015 10:26

Avoiding fiscal cliff will have taxpayers staggering

South Africa is heading for a fiscal cliff if the present trends in social assistance expenditure and the growth rate in public service remuneration continue...

By Jannie Rossouw, Fanie Joubert and Adèle Breytenbac 8 Jan 2015 12:00

SARS has reached its limit of effective collection

In a new series of TV advertisements called "Paranoia", the South African Revenue Service (SARS) warns people: "We're closing in on you..."

By Loane Sharp 6 Jan 2015 07:26

Tax hikes on the way

The tax committee under Judge Dennis Davis has submitted proposals to Finance Minister Nhlanhla Nene on how the Treasury can find R15bn in additional taxes annually...

2 Jan 2015 12:00

SAA transferred to Ministry of Finance

The transfer of South African Airways (SAA) from the Ministry of Public Enterprises to the Ministry of Finance was gazetted on Friday...

24 Dec 2014 10:50

SARS deputy commissioner takes paid leave until suspension issue resolved

SARS deputy commissioner Ivan Pillay was not at work on Monday, 22 December‚ having taken paid leave until the question of his suspension has been resolved...

By Linda Ensor 23 Dec 2014 08:49

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