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Non-profit organisations can minimise the impact of dividends tax

26 March 2012 | Tax

Non-profit organisations need to apply for exemption from paying dividend tax before 1 April 2012 or they might unwittingly lose out. So says Anna Vayanos who heads the BoE Private Clients Philanthropy Office, who says that this is another potential t

Tax relief welcome but still little incentive for small businesses to grow in SA

14 March 2012 | Tax

Although Finance Minister Pravin Gordhan has given further tax relief to small businesses and micro-enterprises in his 2012/13 Budget, there still remains very little incentive for small businesses to start up and flourish in South Africa. Professor Matt

Medical aid tax credits bring equality into the tax system

12 March 2012 | Tax

Good news for employees countrywide is that the new medical aid tax credit system that replaced the capping system from the beginning of March this year, will ensure that they all receive equal benefits. The greatest benefit goes to employees whose earn

Proposed new tax credit system makes medical aid schemes more accessible to lower income earners

07 March 2012 | Tax

Changing the tax treatment of contributions to a medical scheme from a tax deduction system to a tax credit system will make medical scheme membership more financially accessible for low-income earners.

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