It is well appreciated that the economy as whole has been hard hit by the lockdown measures introduced to mitigate the spread of Covid-19. Real Estate Investment Trusts (REITs) have not been immune to this and many are facing a significant uphill battle when it comes to maintaining cash flows...
The latest Covid-19 tax relief measures announced by Treasury have brought about some much-needed relief for employers. The increased Employment Tax Incentive (ETI) is a form of relief which all employers should harness...
Bobby Wessels 29 May 2020
Businesses registered with the Unemployment Insurance Fund (UIF) that are suffering financial distress as a direct result of the Covid-19 pandemic qualify to receive financial relief from the Temporary Employee / Employer Relief Scheme...
Graeme Palmer 25 May 2020
As part of the second phase economic response to the Covid-19 pandemic, National Treasury has published another draft bill to formalise the tax relief measures available to small businesses. The draft legislation aims to clarify several matters which were previously the subject of uncertainty and introduces additional tax measures...
Juanita van der Merwe 8 May 2020
Under South African domestic law, a company will be tax resident in SA if it is incorporated in SA or has its "place of effective management" in SA...
Finance Minister Tito Mboweni has provided more details on the second set of measures that are aimed at assisting individuals and businesses through the Covid-19 pandemic...
23 Apr 2020
Income tax and donations tax relief measures have been made available for donors and qualifying Public Benefit Organisations (PBOs) established to assist with Covid-19 disaster relief efforts...
Riette Engels-Van Zyl 15 Apr 2020
According to the South African Revenue Service (SARS), businesses that import essential goods do not have to pay VAT on these imported goods...
8 Apr 2020
In true South African spirit, even in times of adversity, daily stories of generosity and ingenuity abound. Never have we been more proud of how business communities are using our publishing platforms than since the outbreak of the Covid-19 coronavirus...
Bizcommunity.com 6 Apr 2020
During the 21-day lockdown period, mining operations in South Africa will scale down significantly. The effect on deep-level mines will probably be most significant as coal mines supplying Eskom will continue to operate, albeit at a reduced level.
Adéle de Jager, 1 Apr 2020
Tax is an important factor when a business decides whether to use debt or equity financing...
Graeme Palmer 25 Mar 2020
The effect of South Africa's Covid-19 lockdown on businesses and their employees will be harsh, so the government will be taking several steps to support individuals and small businesses...
Jana Botha 24 Mar 2020
"Ex Africa Semper aliquid novi," winning requires hard work, focus, time, patience and resilience. Finance Minister Tito Mboweni delivered his National Budget Speech on 26 February 2020, leaving South African taxpayers pleased by the implementation of tax relief on personal income tax, but disappointing those who indulge in alcoholic beverages and heated tobacco products...
Virusha Subban, Jana Botha, and Prenisha Govender 27 Feb 2020
Mining by its nature requires large initial capital outlays and in recognition of this the Income Tax Act provides for an accelerated deduction of such capital expenditure by miners...
27 Feb 2020
![The Covid-19 pandemic and lockdown has accelerated 4IR [Part 2]](https://biz-file.com/c/2006/559047-80x80.jpg)
