by Taxation Compliance | Feb 11, 2016 | Taxation Blog | Juanita Roman
We have seen a significant increase in South African Revenue Service’s (SARS’) performance of audits as provided for in the Tax Administration Act of 2011 and other tax legislation. According to the 2013/2014 SARS Annual Report, SARS conducted in excess of 1.8 million...
by Taxation Compliance | Feb 11, 2016 | Taxation Blog | Juanita Roman
Background You will be aware from our recent articles and extensive coverage in the press that the recent budget finalized the enabling legislation for Tax Free Savings Accounts. We believe that this presents a great wealth planning opportunity for many of our...
by Taxation Compliance | Feb 10, 2016 | Tax Tips | Juanita Roman, Taxation Blog | Juanita Roman
Did you know that the donations you make during your lifetime do not form part of your personal estate on death? And donations made by you up to R100,000 annually are exempt from donations tax? Therefore, you and your spouse should each be donating R100,000 per tax...
by Taxation Compliance | Feb 1, 2016 | Taxation Blog | Juanita Roman
Please click here to read the full article – Courtesy of Momentum
by Taxation Compliance | Jan 14, 2016 | Taxation Blog | Juanita Roman
Press Release: Implementation of Tax Harmonisation of Retirement Fund Contributions and Benefits
by Taxation Compliance | Jan 14, 2016 | Taxation Blog | Juanita Roman
Government adjusts the tax incentive for energy efficiency With the rise of energy efficiency programmes, Government introduced Section 12L to the Income Tax Act, No 58 of 1962. The outline of Section 12L of the Act is that a taxpayer will have access to an allowance...
