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The Supreme Court of Appeal has backed Commissioner Kieswetter and issued a stern warning to all South Africans to refrain from assisting others in evading their tax obligations. Where you are caught, SARS will go after your personally.
As we approach the end of August, millions of South Africans will log onto the SARS eFiling website or visit their closest branch to complete their tax returns.
With the South African Revenue Service (SARS) now issuing auto-assessment notices to taxpayers, and filing season right around the corner, the tax world is currently a buzz with activity.
Taxpayers have multiple tax risk management options at their disposal when entering into complex transactions with each option having its own advantages and disadvantages.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?