Taxation & Regulation news

Source: Supplied. Geo Killian, international tax specialist of Hobbs Sinclair.

Tax obligations: A warning for foreigners and expats purchasing property in South Africa

Source:

Elections 2024: What the major political parties say about a sugar tax

19 Apr 2024

Image source: rawpixel –

Groundbreaking ConCourt ruling in Capitec, Sars VAT deduction dispute

15 Apr 2024

Improvements in regulations important for growth and development

Improvements in regulations important for growth and development

31 Oct 2014

Increased compliance burden for PBOs is unfortunate

Increased compliance burden for PBOs is unfortunate

David Warneke 31 Oct 2014

RAF's Eugene Watson says a record R22.2bn was paid out to claimants by the RAF in the previous financial year but points out that there are still 232,285 claims waiting to be resolved. Image:

Crash survivors get R22.2bn from RAF

30 Oct 2014

Littering remains a significant problem in South Africa where bags full of garbage are dumped by communities causing environmental damage and posing health risks. Image:

NRCS destroys 1bn non-compliant plastic bags

More Matshediso 30 Oct 2014

Remaining BEPS Action Plan deliverables expected in 2015

Remaining BEPS Action Plan deliverables expected in 2015

Lisa Brunton 29 Oct 2014

CbCR will increase transparency of businesses' value chains

CbCR will increase transparency of businesses' value chains

23 Oct 2014

Finance Minister Nhlanhla Nene says expenditure cuts are necessary for all government departments along with increased taxes that will be aimed at high income earners and disclosed in the 2015 budget. Image: GCIS

National Treasury signals shift in SA's fiscal policy

23 Oct 2014

South Africa's current account deficit has widened to about 5.5% of gross domestic product according to figures released by the National Treasury in the MTBPS this week. Image:

Current account deficit grows

23 Oct 2014

Public Enterprises Minister Lynne Brown believes state-owned enterprises have a responsibility to make profits for the government. Image: GCIS

Higher profit pressure faces state-owned enterprises

Neo Semono 23 Oct 2014

Children in foster care, walking home in the township where they live. Reliance on foster care has increased almost three-fold since 200,000 partly because of the ravages of HIV and AIDS. Image:

State to examine problems in foster care provision

21 Oct 2014

Head of Detectives in the SAPS, Vineshkumar Moonoo say misconceptions over government pension payouts were behind the resignation of 1,060 detectives in the past year. Image:

Cops 'crippled' by detective shortage

21 Oct 2014

Objective of the BEPS Action Plan

Objective of the BEPS Action Plan

Lisa Brunton 17 Oct 2014

Cosatu is planning to hold a 'funeral march' for e-tolls and says it will have a symbolic coffin there to symbolise the imminent collapse of the tolling system. Image:

Cosatu plans 'funeral march' for e-tolls

17 Oct 2014

ANC Gauteng Chairman Paul Mashatile says that e-tolls are prohibitively expensive and that Gauteng residents cannot afford to pay them. Image:

E-toll costs are prohibitive for motorists

Natasha Marrian 15 Oct 2014

MEC Collen Maine has instructed the Lekwa Teemane municipality to comply with the audit report or face serious consequences from the provincial government. Image:

Municipality instructed to comply with audit report

15 Oct 2014

Deputy Minister for Trade and Industry Mzwandile Masina has embarked on a campaign to get rid of bogus agents issuing fake certificates of compliance to companies seeking certification. Image: GCIS

DTI seeks to prosecute illegal verification agents

14 Oct 2014

President Jacob Zuma says its time for action in developing the ocean economy for South Africa, which may create thousands of jobs and significantly increase Gross Domestic Product. Image: GCIS

Ocean economy plans to be released this week

14 Oct 2014

Regulations on tax free savings accounts soon expected

Regulations on tax free savings accounts soon expected

David Warneke 13 Oct 2014

SARS has been accused of running a rogue unit to spy on prominent politicians and business people. Image: SARS

SARS 'rogue agency' claims may not be far-fetched

Mzilikazi Wa Africa, Piet Rampedi 13 Oct 2014

Liberian Ambassador Lois Brutus says there is a growing awareness of Ebola throughout the world but West Africa needs a lot more help to contain the disease. Image:

Ebola: West Africa needs more help

More Matshediso 13 Oct 2014

Emission control legislation will require large capital expenditure

Emission control legislation will require large capital expenditure

10 Oct 2014

PSC Chairman Ben Mthembu says that greater transparency and accountability is needed among public servants in South Africa. Image: PSC

Transparency, accountability sought by PSC

9 Oct 2014

Shuttleworth did not need to pay levy on monies

Shuttleworth did not need to pay levy on monies

8 Oct 2014

Gauteng Premier David Makhura says the township economies need investment, access to finance and greater skills. Image:

R1bn set aside for township economies

8 Oct 2014

Trade and Industry Director-General Lionel October says the impact of the Dube TradePort on KwaZulu-Natal's ecoomy is likely to be profound. Image: DTI

Dube TradePort is now an industrial development zone

8 Oct 2014

KwaZulu-Natal MEC for Co-operative Governance and Traditional Affairs, Nomusa Dube-Ncube says incompetent CFOs or those who lied about qualifications should be fired. Image:

Incompetent CFOs should be fired says Dube-Ncube

8 Oct 2014

Gauteng Premier David Makhura says that the ANC in Gauteng is in favour of dropping e-tolls and introducing a fuel levy instead. Image:

ANC Gauteng wants to dump e-tolls

6 Oct 2014

North West MEC Collen Maine says that a Joint Operations Centre has been established to curb disturbances from community members who are disgruntled by the intervent of the province in the local affairs of the Ngaka Modiri Molema municipality. Image:

North West bracing itself for more protests

6 Oct 2014

Minimum wages for workers in the gardening and landscaping sector are currently being determined as public hearings are conducted throughout South Africa. Image:

Minimum wages to be set for gardening service workers

2 Oct 2014

Minister of Trade and Industry Rob Davies says the R100m Gold Loan Scheme is expected to boost local jewellery production and encourage imports. Image: GCIS

R100m Gold Loan Scheme for SA jewellers

2 Oct 2014

More news

Littering remains a significant problem in South Africa where bags full of garbage are dumped by communities causing environmental damage and posing health risks. Image:

NRCS destroys 1bn non-compliant plastic bags

More Matshediso 30 Oct 2014

Remaining BEPS Action Plan deliverables expected in 2015

Remaining BEPS Action Plan deliverables expected in 2015

Lisa Brunton 29 Oct 2014

CbCR will increase transparency of businesses' value chains

CbCR will increase transparency of businesses' value chains

23 Oct 2014

Finance Minister Nhlanhla Nene says expenditure cuts are necessary for all government departments along with increased taxes that will be aimed at high income earners and disclosed in the 2015 budget. Image: GCIS

National Treasury signals shift in SA's fiscal policy

23 Oct 2014

South Africa's current account deficit has widened to about 5.5% of gross domestic product according to figures released by the National Treasury in the MTBPS this week. Image:

Current account deficit grows

23 Oct 2014

Public Enterprises Minister Lynne Brown believes state-owned enterprises have a responsibility to make profits for the government. Image: GCIS

Higher profit pressure faces state-owned enterprises

Neo Semono 23 Oct 2014

Children in foster care, walking home in the township where they live. Reliance on foster care has increased almost three-fold since 200,000 partly because of the ravages of HIV and AIDS. Image:

State to examine problems in foster care provision

21 Oct 2014

Head of Detectives in the SAPS, Vineshkumar Moonoo say misconceptions over government pension payouts were behind the resignation of 1,060 detectives in the past year. Image:

Cops 'crippled' by detective shortage

21 Oct 2014

Objective of the BEPS Action Plan

Objective of the BEPS Action Plan

Lisa Brunton 17 Oct 2014

Cosatu is planning to hold a 'funeral march' for e-tolls and says it will have a symbolic coffin there to symbolise the imminent collapse of the tolling system. Image:

Cosatu plans 'funeral march' for e-tolls

17 Oct 2014

ANC Gauteng Chairman Paul Mashatile says that e-tolls are prohibitively expensive and that Gauteng residents cannot afford to pay them. Image:

E-toll costs are prohibitive for motorists

Natasha Marrian 15 Oct 2014

MEC Collen Maine has instructed the Lekwa Teemane municipality to comply with the audit report or face serious consequences from the provincial government. Image:

Municipality instructed to comply with audit report

15 Oct 2014

Deputy Minister for Trade and Industry Mzwandile Masina has embarked on a campaign to get rid of bogus agents issuing fake certificates of compliance to companies seeking certification. Image: GCIS

DTI seeks to prosecute illegal verification agents

14 Oct 2014

President Jacob Zuma says its time for action in developing the ocean economy for South Africa, which may create thousands of jobs and significantly increase Gross Domestic Product. Image: GCIS

Ocean economy plans to be released this week

14 Oct 2014

Regulations on tax free savings accounts soon expected

Regulations on tax free savings accounts soon expected

David Warneke 13 Oct 2014

SARS has been accused of running a rogue unit to spy on prominent politicians and business people. Image: SARS

SARS 'rogue agency' claims may not be far-fetched

Mzilikazi Wa Africa, Piet Rampedi 13 Oct 2014

Liberian Ambassador Lois Brutus says there is a growing awareness of Ebola throughout the world but West Africa needs a lot more help to contain the disease. Image:

Ebola: West Africa needs more help

More Matshediso 13 Oct 2014

Emission control legislation will require large capital expenditure

Emission control legislation will require large capital expenditure

10 Oct 2014

PSC Chairman Ben Mthembu says that greater transparency and accountability is needed among public servants in South Africa. Image: PSC

Transparency, accountability sought by PSC

9 Oct 2014

Shuttleworth did not need to pay levy on monies

Shuttleworth did not need to pay levy on monies

8 Oct 2014

Gauteng Premier David Makhura says the township economies need investment, access to finance and greater skills. Image:

R1bn set aside for township economies

8 Oct 2014

Trade and Industry Director-General Lionel October says the impact of the Dube TradePort on KwaZulu-Natal's ecoomy is likely to be profound. Image: DTI

Dube TradePort is now an industrial development zone

8 Oct 2014

KwaZulu-Natal MEC for Co-operative Governance and Traditional Affairs, Nomusa Dube-Ncube says incompetent CFOs or those who lied about qualifications should be fired. Image:

Incompetent CFOs should be fired says Dube-Ncube

8 Oct 2014

Gauteng Premier David Makhura says that the ANC in Gauteng is in favour of dropping e-tolls and introducing a fuel levy instead. Image:

ANC Gauteng wants to dump e-tolls

6 Oct 2014

North West MEC Collen Maine says that a Joint Operations Centre has been established to curb disturbances from community members who are disgruntled by the intervent of the province in the local affairs of the Ngaka Modiri Molema municipality. Image:

North West bracing itself for more protests

6 Oct 2014

Minimum wages for workers in the gardening and landscaping sector are currently being determined as public hearings are conducted throughout South Africa. Image:

Minimum wages to be set for gardening service workers

2 Oct 2014

Minister of Trade and Industry Rob Davies says the R100m Gold Loan Scheme is expected to boost local jewellery production and encourage imports. Image: GCIS

R100m Gold Loan Scheme for SA jewellers

2 Oct 2014

Public Enterprises Minister Lynne Brown has told Parliament that SA Airways Express is facing dire financial circumstances and will need government assistance to remain a going concern. Image: GCIS

Pressing financial problems for SA Express, SAA

Linda Ensor 1 Oct 2014

Statistician General Pali Lehohla says mining remains a fundamental pillar of SA's economic growth and sustainability. Image: Stats SA

Mining fundamental for SA economy

30 Sep 2014

Public Works Minister Thembelani Nxesi says that there is no place for fraud, corruption or mismanagement within the Department of Public Works. Image: GCIS

Public Works has wasted R34,9bn

30 Sep 2014

Even though there is a Post Office strike, residents in Ekurhuleni have been urged to pay their accounts on time using 'other means' or risk incurring arrears charges or having services suspended. Image:

Ekurhuleni asks residents to use 'other means' to view statements

30 Sep 2014

Carbon offset mechanism can be aligned with carbon budgeting approach

Carbon offset mechanism can be aligned with carbon budgeting approach

29 Sep 2014

President Jacob Zuma has again been accused by the Sunday Times of involvement in the controversial Arms Deal but the Presidency says there is nothing new in the allegations. Image: GCIS

Presidency asks everyone to assist Seriti Commission

29 Sep 2014

Home Affairs Minister, Malusi Gigaba says rapid progress is being made by government in improving service delivery for basic services in South Africa. Image: GCIS

State says it's made progress on improving service delivery countrywide

29 Sep 2014

UDZ tax incentive extended for six years

UDZ tax incentive extended for six years

Graeme Palmer 26 Sep 2014

Concerns about reduction in interest deduction limitation rate

Concerns about reduction in interest deduction limitation rate

Andrew Lewis 26 Sep 2014

The appointment of Thomas Moyane as SARS new Commissioner has been welcomed by tax practitioners in South Africa. Image:

Thomas Moyane is the new SARS Commissioner

Evan Pickworth 25 Sep 2014

New SARS commissioner appointed

New SARS commissioner appointed

25 Sep 2014

Reserve Bank Governor Gill Marcus has left the repo rate unchanged but announced that she will be leaving the organisation in November. Image: Reserve Bank

Repo rate remains at 5.75%

19 Sep 2014

Communications Minister Faith Muthambi says the SABC has repaid its loan to government but still needs to implement a turnaround strategy to return it to proper profitability. Image: GCIS

SABC loan paid in full says Faith Muthambi

18 Sep 2014

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