Articles
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Transfer Pricing – more a journey than the destination
As the world's connectivity expands, and companies strategise to be more dynamic and competitive in the market, tax authorities too are utilising the advancements in technologies to enhance their reach.
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Trustees not complying with beneficial ownership requirements
In terms of a recent media release issued by the Department of Justice and Constitutional Development, all Trustees are reminded of their obligation to submit the beneficial ownership submission in respect of Trusts.
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Trust special filing season
Over the last few years, there have been debates between tax practitioners and SARS as to whether or not a Trust is a provisional taxpayer and as a consequence, what filing season dates are applicable to Trusts.
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SARS Scrutiny: Provisional Tax Estimates
Provisional tax is a mechanism which essentially helps taxpayers to manage their income tax liabilities by having to avoid making one large payment on assessment.
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TAX Refund Scam Awareness
SARS refunds scams are increasingly common during filing seasons. Scammers have become more sophisticated with time, which makes it difficult to detect the scams as it closely mimics legitimate correspondence from SARS.
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VAT Registration Process And Requirements
Previously the VAT registration process entailed submitting VAT registration applications at the nearest SARS branch by appointment.
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The time is right for another amnesty
In 2003, South Africans were given a lifeline—a chance to come clean and regularise any offshore funds they had kept under the radar.
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Coding in the cloud
1. How has cloud software development reshaped the way businesses create and deploy software?
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The 2024 Tax Season Deadlines
The new tax season dates have been formally announced.
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Ethics and Tax Planning
This article was first published in SAICA’s Accountancy SA Magazine (March Edition)
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New Advanced Pricing Agreement (APA) legislation introduced in South Africa
Multinational enterprises (MNEs), which are generally regarded as connected parties and/or associated enterprise located in different jurisdictions.
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Capital allowances for buildings
There are several different capital allowances allowed by the South African Revenue Service (SARS) with regards to buildings, this article focuses on 2 of these capital allowances: