Subscribe to industry newsletters

#WomensMonth

SPONSOR:


More...
Bizcommunity has over 400 industry contributors and we always welcome further contributions and contributors.
Banks get more power to block accounts
Banks get more power to block accounts

There has been an expansion of banks' power to hold funds on suspicion of a tax offence, as proposed in the 2017 draft Taxation Laws Amendment Bill and draft Tax Administration Laws Amendment Bill...

By Rudi Katzke 16 Aug 2017

Cleo Becker, regional counsel, sub-Saharan Africa, Middle East, Pakistan, Turkey and Israel for Hitachi Data Systems. Photo:
Navigating through data-focused legislation

Besides being able to unlock the value of their data, businesses also have to remain compliant with the multiple pieces of data-focused legislation...

By Cleo Becker 15 Aug 2017

Small law changes have huge impact on mining and oil & gas industries
Small law changes have huge impact on mining and oil & gas industries

Financial provisioning holds mining and petroleum companies responsible for the rehabilitation of the environment impacted by their operations...

By Hillary Botha, Tamzyn Cooper, Garyn Rapson 11 Aug 2017

Concern over amendment to regulations around share buy-back transactions
Concern over amendment to regulations around share buy-back transactions

The amendment to regulations around share buy-back transactions in the 2017 Taxation Laws Amendment Bill (TLAB) concerns many people...

7 Aug 2017

New tax law stifles foreign work benefits
New tax law stifles foreign work benefits

If passed by Parliament, the Draft Taxation Laws Amendment Bill proposal to remove foreign remuneration tax exemption will impact the willingness of South Africans to work abroad...

7 Aug 2017

Sars chief financial officer in shock resignation
Sars chief financial officer in shock resignation

South African Revenue Service chief financial officer Matsobane Matlwa has resigned...

By Kyle Cowan 4 Aug 2017

Desiree Goodwin
Sars error to have repercussions on taxpayers?

In yet another administrative blunder, Sars failed to update their systems for an interest increase gazetted on 29 April 2016...

By Desiree Goodwin, Issued by Meredith Harington 4 Aug 2017

Amended legislation could see landlords liable for VAT on leasehold improvements affected by tenants
Amended legislation could see landlords liable for VAT on leasehold improvements affected by tenants

The 2017 Draft Taxation Laws Amendment Bill and Draft Tax Administration Amendment Bill were recently released for comment...

31 Jul 2017

Call for review of foreign trusts bill
Call for review of foreign trusts bill

Proposals contained in a draft bill to change the tax treatment of foreign trusts held by South Africans are aggressive and should be reconsidered, says Andrew Wellsted, director at Norton Rose Fulbright...

By Hanna Ziady 27 Jul 2017

Jill Wilmans, MD: Currencies Direct
Sars cracks down on money leaving the country

While reporting about the Gupta billions leaving the country, the media has totally missed that there's a change in the Sars requirements for tax clearance...

26 Jul 2017

Tertius Troost, tax consultant at Mazars
Entrepreneurs could feel the pinch of new trust laws

Entrepreneurs advancing interest-free funds to a company, held by a trust of which he/she is a beneficiary, will be affected by the tax law changes...

24 Jul 2017

Expats to be affected by new tax laws
Expats to be affected by new tax laws

The National Treasury has published draft tax law amendments for 2017, which contains details on tax treatment of South Africans performing their employment abroad...

By Jerry Botha 21 Jul 2017

Tarryn Atkinson, Saica chairperson: employees tax and expatriate sub-committees.
Twin tax bills and their impact on other Acts

There are several amendments in the new tax bills that will impact on other labour-related legislation...

By Tarryn Atkinson 21 Jul 2017

FMF questions NHI financing model
FMF questions NHI financing model

The latest iteration of the NHI is no closer to defining what the scheme will cost ...

20 Jul 2017

Kemp Munnik
What the new bills mean to corporate taxpayers

Two pieces of tax legislation have been published and are currently open for public comment before the final legislation is passed by parliament...

By Kemp Munnik 20 Jul 2017

Once tax-free, Saudi Arabia starts expat levy
Once tax-free, Saudi Arabia starts expat levy

Saudi Arabia said it had begun taxing foreigners working in the private sector as part of fiscal reforms...

7 Jul 2017

Soria Hay, head of corporate finance at Bravura
BBBEE Commission plans to stamp out fronting

The BBBEE Commission made it clear that the ownership element is being adequately and sustainably addressed...

By Soria Hay 6 Jul 2017

Jerry Botha, managing partner, Tax Consulting South Africa.
Sars takes aim at high-net-worth individuals

The South Africa 2017 Wealth Report indicates that the country is home to some 40,400 high-net-worth individuals (HNWI) with a combined wealth of $171bn...

5 Jul 2017

Photo: Health News NG
Will you have a medical aid under NHI?

The days of medical aid schemes may be numbered as government says it will be the single funder of medical services...

By LAURA LOPEZ GONZALEZ 5 Jul 2017

Medical scheme members likely to lose their tax credits under NHI
Medical scheme members likely to lose their tax credits under NHI

Medical scheme members are likely to lose their tax credits to help pay for the first set of benefits to be rolled out under NHI...

By Tamar Kahn 30 Jun 2017

Desiree Goodwin
Planning on selling shares in your company?

Many business owners who are in the process of selling shares forget that, in addition to the normal income tax/capital gains tax implications to such sales, there is another tax which is also payable, viz. Securities Transfer Tax...

By Desiree Goodwin, Issued by Meredith Harington 29 Jun 2017

ETI needs revision to ease the admin burden
ETI needs revision to ease the admin burden

Although the motives are good, the negative impact of the ETI is that it places an administrative burden on payroll departments...

By Lavine Haripersad 23 Jun 2017

Treasury rejects claims of calamitous job losses from sugar tax
Treasury rejects claims of calamitous job losses from sugar tax

Treasury has rejected claims of calamitous job losses resulting from the imposition of a health promotion levy...

By Linda Ensor 22 Jun 2017

Finance Minister gazettes provisions of FICA Act
Finance Minister gazettes provisions of FICA Act

Finance Minister Malusi Gigaba has signed and gazetted the coming into operation of various provisions of the Financial Intelligence Centre Amendment (FICA) Act, 2017...

14 Jun 2017

Chad settles tax dispute with foreign oil firms
Chad settles tax dispute with foreign oil firms

N'DJAMENA - Chad, one of the African countries hit hardest by the drop in oil prices, announced that it had reached an accord with a group of foreign energy companies ending a tax dispute...

12 Jun 2017

Greater tax incentives needed for education
Greater tax incentives needed for education

In the past, there has been a significant increase in taxpayers voicing their belief that a tax revolt is the correct way to deal with the current crisis of confidence in government. However, despite higher taxes on individual taxpayers, it is not the quantum of tax that is of substantial concern but how tax collections are used...

By Patricia Williams 9 Jun 2017

Sugar tax under fire from producers, unions and business
Sugar tax under fire from producers, unions and business

Cosatu, Busa and Sasasay introducing a sugar tax should be delayed as it will have a negative effect on employment in the industry...

8 Jun 2017

Trump and the politics of healthcare
Trump and the politics of healthcare

In March, the US House of Representatives bill to replace the Affordable Care Act (Obamacare) essentially stalled...

By Evan McCulloch 7 Jun 2017

Show more