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The time for making a decision on how to deal with the fundamental tax change for South Africans earning foreign income abroad is fast running out.
With the tax season commencing in July, the South African Revenue Service (SARS) has made it clear that it will increase its focus on enforcing taxpayer compliance. At the same time, the organisation has also made significant progress in simplifying the filing process for taxpayers.
The Supreme Court of Appeal (SCA) delivered a judgment on 6 September 2019 that handed SARS one of their most influential wins in recent times.
Are financial advisers ready for the combined impact of COFI and AI?