by Taxation Compliance | Feb 23, 2017 | Taxation Blog | Juanita Roman
In yesterday’s Budget Speech, the Minister announced that the new Dividend Tax rate effective 22 February 2017 will increase from 15% to 20% – this is bad news if you’re a shareholder or an investor as you will now pay 5% more than before in Dividend Tax....
by Taxation Compliance | Feb 13, 2017 | Taxation Blog | Juanita Roman
The 2016 Taxation Laws Amendment Act (TLAA) will come into effect on 1 March 2017, the revised draft of the Taxation Laws Amendment Bill (‘TLAB’) in October. The final version of the TLAB was published in December 2016, promulgated on 19 January 2017, and...
by Taxation Compliance | Feb 7, 2017 | Taxation Blog | Juanita Roman
The previous ETI legislation expired on 31 December 2016. For this reason, there has been a flurry of activity on this website, asking if the ETI legislation has been extended, and If so, in what format. As a courtesy, the following excerpt ought to provide readers...
by Taxation Compliance | Feb 7, 2017 | Taxation Blog | Juanita Roman
Last week President Jacob Zuma signed a number of acts into law. One was the Employment Tax Incentive Act (see related article) and the other related to amendments made to the Unemployment Insurance Act. This article serves to outline the changes related to the...
by Taxation Compliance | Jan 24, 2017 | Taxation Blog | Juanita Roman
Recently the President signed 6 bills which gave rise to payroll adjustments that affect you immediately and include the following: 1. Employment Tax Incentive (ETI) programme The ETI system was due to expire on 31/12/2016 but has now been extended to 28/02/2019....