Legal Trends 2019

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#BizTrends2019: 6 trends in fintech and its regulation

The South African financial sector has been waiting with bated breath for South Africa's financial regulators to map the way forward and we expect this guidance to be forthcoming early in 2019...

By David Geral 9 Jan 2019

International tax is all about the company you keep

In the wake of the state capture scandal still haunting the South African Revenue Service (Sars), taxpayers are looking for an alternative to paying tax to a government that appears to be mismanaging the funds...

By Christopher Renwick 4 Jan 2019

#BestofBiz 2018: Legal

We've compiled our annual #BestofBiz 2018 lists across all our industries featuring our most popular articles, most-read contributors and brand press offices with the most views. Discover the most read content on Bizcommunity's Legal site over the past year below...

18 Dec 2018

Nugent Commission submits final report to the president

President Cyril Ramaphosa has received the final report of the Nugent Commission of Inquiry into Tax Administration and Governance by the South African Revenue Service (Sars)...

18 Dec 2018

Some take outs on carbon tax

After more than eight years in the making, South Africa's carbon tax law is expected to take effect on 1 June 2019...

By Garyn Rapson 3 Dec 2018

Penalties for outstanding corporate income tax returns to kick in soon

Sars will soon impose administrative non-compliance penalties for outstanding corporate income tax (CIT) returns...

29 Nov 2018

Mboweni tables Carbon Tax Bill

Finance Minister Tito Mboweni has tabled the Carbon Tax Bill in Parliament, giving effect to the announcements made in the 2017 and 2018 Budget statements...

22 Nov 2018

New audit law to hold accounting officers liable

As irregular and fruitless expenditure continues to soar, Auditor-General Kimi Makwetu says the newly accented Public Audit Amendment Act will empower his office to take measures that will see accounting officers being held to account for material irregularities...

21 Nov 2018

Local TV manufacturers call for heavy duties on imported devices

Local television manufacturers have called for government to impose heavy import duties on cheap imported decoders and TV sets, in order to grow the local electronic industry and accelerate the implementation of the broadcast digital migration project...

19 Nov 2018

Customs officials confiscate counterfeit goods worth R10m

South African Revenue Service (Sars) customs officials have intercepted suspected counterfeit clothing and shoes valued at approximately R10,722,364 in the Western Cape...

15 Nov 2018

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

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