Explore the Category

Paying the taxman

30 August 2017 | Tax

Tax season – the period during which you are required to submit your annual income tax return – started on 1 July and is now in full swing so I thought it would be interesting to look at how long we work for the taxman in South Africa, metaphorically speaking.

Approved or unapproved death benefits – beware of hidden tax implications for loved ones

25 August 2017 | Tax

Knowing whether your death benefits are approved or unapproved in terms of the Pension Funds Act may save your loved ones from any unexpected tax surprises at an already difficult time.

Proposal to repeal foreign employment income exemption

22 August 2017 | Tax

In the recently published Draft Taxation Laws Amendment Bill there is a proposal to repeal section 10(1)(o)(ii) of the Income Tax Act, 1962 (“the Act”). This is the section that provides for a tax exemption from foreign employment income.

Businesses’ tax advice needs have changed, SARS has not

07 August 2017 | Tax

To explain the process whereby tax policy is developed into law in South Africa, Mark Preiss of Baker McKenzie's Tax Practice in Johannesburg, spoke at a recent tax law event at the firm’s Johannesburg office regarding his experiences while working at the National Treasury in South Africa.

quick poll

Question

Are financial advisers ready for the combined impact of COFI and AI?

Answer

Yes, fully prepared and already adapting Somewhat prepared, but still facing implementation challenges Not yet prepared, more time and support needed Unsure / still assessing the impact

View the Results