https://www.bizcommunity.com/196/512.html South Africa Taxation news 15 Taxation & Regulation news - South Africa https://www.bizcommunity.com/res/img/logo.gif https://www.bizcommunity.com/196/512.html en-us Wed, 29 Apr 2026 19:38:39 +0200 https://www.bizcommunity.com/article/concourt-sets-precedent-with-first-gaar-interpretation-absa-loses-appeal-514900a On 22 April 2026, the Constitutional Court handed down its judgment in Absa Bank Ltd and Another v Commissioner for the South African Revenue Service [2026], dismissing Absa’s appeal with costs. 1-267686 Wed, 29 Apr 2026 09:00:00 +0200 Bizcommunity Taxation & Regulation South Africa https://www.bizcommunity.com/article/south-africa-extends-temporary-fuel-levy-relief-amid-iran-war-625011a The National Treasury and Department of Mineral and Petroleum Resources (DMPR) announced that the temporary reduction in the general fuel levy introduced by the government, which was due to come to an end in early May, has been extended to June. 1-267681 Wed, 29 Apr 2026 08:09:00 +0200 Bizcommunity Taxation & Regulation South Africa https://www.bizcommunity.com/article/final-is-final-court-rules-sars-cant-add-interest-to-formal-settlements-after-the-fact-847293a When a tax dispute is settled and paid in full, both individual and corporate taxpayers are inclined to assume the matter is closed. However, the South African Revenue Service (Sars) doesn't always play by the same set of expectations, as seen in court recently. 1-267629 Fri, 24 Apr 2026 10:39:00 +0200 Bizcommunity Taxation & Regulation South Africa https://www.bizcommunity.com/article/from-trade-pact-to-action-plan-afcfta-faces-capital-mobilisation-test-281777a As of this year, the African Continental Free Trade Area (AfCFTA) has moved decisively from vision to economic imperative, with success increasingly measured by its ability to mobilise capital at scale across the continent. 1-267580 Thu, 23 Apr 2026 14:22:00 +0200 Bizcommunity Taxation & Regulation South Africa https://www.bizcommunity.com/article/new-sars-chief-named-736712a Cyril Ramaphosa has appointed Ngobani Johnstone Makhubu as Commissioner of the South African Revenue Service for a five-year term starting 1 May 2026. 1-267102 Wed, 08 Apr 2026 09:30:00 +0200 Bizcommunity Taxation & Regulation South Africa https://www.bizcommunity.com/article/south-africa-tax-collection-up-8-last-fiscal-year-preliminary-data-shows-514860a South Africa collected a net R2.01tn ($119.73bn) of tax in the fiscal year that ended on Tuesday, 31 March 2026, 8.4% higher than the previous year, preliminary figures showed on Wednesday, 1 April 2026. 1-267026 Thu, 02 Apr 2026 12:43:00 +0200 Bizcommunity Taxation & Regulation South Africa https://www.bizcommunity.com/article/52-firms-blacklisted-in-sa-procurement-crackdown-736092a The South African government has intensified efforts to improve public-sector accountability, with 52 companies now formally restricted from doing business with the state. The move signals a significant shift in procurement enforcement within the country’s infrastructure and finance ecosystem. 1-267032 Thu, 02 Apr 2026 08:55:00 +0200 Bizcommunity Taxation & Regulation South Africa https://www.bizcommunity.com/article/wto-chief-calls-for-trade-overhaul-to-meet-new-world-order-288407a The WTO chief called on countries on Thursday, 26 March 2026 to overhaul global trade rules, telling them the old world order had gone for good, following a year of turmoil sparked by US tariffs and wider geopolitical tensions. 1-266840 Thu, 26 Mar 2026 18:30:00 +0200 Bizcommunity Taxation & Regulation South Africa https://www.bizcommunity.com/article/wto-reform-deadlock-may-prompt-some-countries-to-seek-other-options-on-free-trade-399748a Failure to chart a viable reform path for the World Trade Organization at a meeting next week will nudge members to pursue other options to set rules and advance free trade, diplomats and officials noted. 1-266623 Fri, 20 Mar 2026 09:22:00 +0200 Bizcommunity Taxation & Regulation South Africa https://www.bizcommunity.com/article/african-states-hike-gambling-taxes-as-addiction-soars-and-industry-fights-back-955334a As a boom in online gambling across Africa gathers pace, governments are hiking taxes to contain addiction risks and fill depleted state coffers. In by far the biggest market of South Africa, the industry is pushing back. 1-266604 Thu, 19 Mar 2026 11:37:00 +0200 Bizcommunity Taxation & Regulation South Africa