Legal Trends 2020

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Redemption Allowance to be reviewed

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...

1 day ago

What amendments to Kenya's digital tax law mean for SMEs

Digital traders would likely have heard of the recent changes to the Income Tax and VAT Acts introduced by the Finance Act, 2019 (the Act). With effect from 7 November 2019, goods and services supplied in the digital marketplace will now be subject to income and VAT tax...

By John Syekei, Nikhil Hira, Denis Magonga and Angela Mukora 2 days ago

Lessons from Al Capone on taxpayers' rights to confidentiality

Al Capone, the infamous American mobster, was convicted of tax evasion as it was easier for the US Attorney General to secure a conviction for tax offences than comply with the evidentiary requirements of his other crimes. But what right does the South African taxpayer have for the information disclosed to Sars to be kept confidential?

By Graeme Palmer 24 Feb 2020

#BizFinFocus: More taxes needed, but there's little wiggle room

The minister of finance, National Treasury and the South African Revenue Services (Sars) are facing a challenging tax revenue environment...

By Patricia Williams 10 Feb 2020

France-US skirmish over Amazon digital tax shows why the century-old international tax system is broken

France and the US have managed to avoid turning their recent trade skirmish into a war - for now...

By Ruth Mason 10 Feb 2020

Many countries regulate e-cigarettes. South Africa should too

Opinions differ on how to regulate electronic cigarettes. But dozens of countries are taking action. In Africa, Kenya already taxes these products, and South Africa is preparing to follow...

By Laura Rossouw 6 Feb 2020

Carbon tax is unavoidable, time to turn to analytics tools

As the 14th largest emitter of carbon dioxide in the world, South Africa has a pressing responsibility to drive a positive response to climate change...

5 Feb 2020

What you should know about the proposed Employment Tax Incentive amendments

On Tuesday 26 November 2019, a number of tax-related bills were passed by the National Assembly and are currently being deliberated by the National Council of Provinces...

3 Feb 2020

#BestofBiz 2019: Legal

We've compiled our annual #BestofBiz 2019 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...

17 Dec 2019

Caution: Sars wants its share of your Xmas gift from your employer

It's that time of year when many South African companies give their employees festive season gifts to thank them for their service...

By Yolandi Esterhuizen 11 Dec 2019

Kenya's tax on digital trade and services: what's known and not known

Kenya will start levying new tax on digital markets under a new law signed by the president early in November...

By Mercy Muendo 9 Dec 2019

Join the modern workplace with Microsoft Office 365 and Tarsus on Demand

Is tiresome admin pulling you away from business growth? Is client communication taking up too much of your time? This single software suite can help you automate your administrative tasks and communication to claim back your lost time...

Issued by Microsoft 2 Dec 2019

A theory of a tax revolt: Is South Africa on the brink?

Tax revolts date back to biblical times. Throughout the ages they have exhibited similar symptoms of a decline in taxpayer morale and confidence in a government's ability to manage public finances for the greater good of its citizens...

By Roshelle Ramfol 27 Nov 2019

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