Non-compliant companies will feel the pain from Sars from December

Sars will be using information supplied by the Companies and Intellectual Property Commission (CIPC) to determine which companies are not tax compliant and impose penalties accordingly...

9 Nov 2018

Moyane gets the boot

Acting on the interim report of the South African Revenue Service (Sars) Commission, President Cyril Ramaphosa fired Tom Moyane as commissioner of the revenue service yesterday with immediate effect...

2 Nov 2018

Is tax law change the death knell for SA's crypto R&D?

A seemingly small change in the tax law could have a big impact on cryptocurrency research and development (R&D) in South Africa...

By Robert Hare 29 Oct 2018

Sanitary pads, white bread flour to be added to VAT free items

Finance Minister Tito Mboweni says government proposes that come April 2019, three items, including sanitary pads, will be added to the zero-rated list...

25 Oct 2018

Tax invoice corrections and the Admin Laws Amendment Bill

To err is human and mistakes are sometimes made on tax invoices. The draft Administration Laws Amendment Bill, 2018 proposes the inclusion of a new section 20(1B) dealing with errors to tax invoices...

By Graeme Palmer 23 Oct 2018

Bizcommunity Recruitment in Africa Focus

A comprehensive B2B Recruitment Focus from December 2018 to February 2019 will ensure that Bizcommunity is the go-to destination for all the B2B news you'll need to plan your HR and recruitment strategies in 2019...

Issued by Bizcommunity.com 23 Oct 2018

President studying Sars commission report

President Cyril Ramaphosa has received an interim report from the commission of inquiry into tax administration and governance by the South African Revenue Service (Sars).

17 Oct 2018

The best Biz summer holiday (content) package ever!

Feeling a bit state-capsized, swept along by more waves than a cryptocurrency chart? Here are some life-saving festive content ideas...

Issued by Bizcommunity.com 15 Oct 2018

Former employees to lay charges over provident fund deductions

The case of a Sea Point security company and its owner, who have been accused of failing to pay provident fund contributions, has been postponed until February...

By Barbara Maregele 15 Oct 2018

Is the supply of low income housing zero-rated or not?

In the recent case of Sars v Amawele Joint Venture, the Supreme Court of Appeal considered whether three low income housing projects were zero-rated supplies in terms of the VAT Act...

By Kerushnie Govender and Arnaaz Camay 11 Oct 2018

The Job Summit and creating employment - how about VAT?

While there is a huge focus on stimulating employment, one aspect not receiving sufficient attention is the devastating impact VAT can have on small, labour-intensive businesses and how VAT can be used to incentivise job creation...

By Aneria Bouwer 8 Oct 2018

'Getting to Canada' ... South Africa's mining exploration challenge

Political scientist, Francis Fukuyama, in a general formulation, writes about how countries should aspire to the level of institutional and social achievement of Denmark. 'Getting to Denmark' is how he summarises the development challenge...

By David Christianson 4 Oct 2018

To zero-rate, or not to zero-rate: why the VAT debate is more complex than it appears

The one percentage point increase in South Africa's value added tax (VAT) rate, which was implemented in April this year, has raised important questions about how the tax system can and should address inequality...

By Imraan Valodia & David Francis 7 Sep 2018

The return of Sars' Large Business Centre welcomed

Sars' decision to re-establish its Large Business Centre will undoubtedly ease the administrative and compliance burden of big business and high net-worth individuals...

By Ettiene Retief 5 Sep 2018

Show more