February 13, 2014

Provisional tax

It is that time of year again when the tax department of every accounting and auditing firm is preparing for the busy season that lies ahead. […]
February 13, 2014

Important SARS dates for 2014

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November 7, 2013

Toelaes en byvoordele: Deel II

Toelaes en byvoordele: Deel II  In die vorige nuusbrief het ons die verskille tussen ‘n reistoelae en die reg op gebruik van ‘n maatskappyvoertuig bespreek en […]
November 7, 2013

SARS Updates

Special Power of Attorney The South African Revenue Service (SARS) recently issued an updated Special Power of Attorney template and has also started to adopt a […]
September 13, 2013

Allowances and Fringe benefits: Part 1

Travel allowance as opposed to the right of use of a business vehicle: What is the difference? The Income Tax Act defines a travel allowance as […]
May 15, 2013

Taxation of trusts and a look into the crystal ball

27 February 2013 – the day on which the Rubicon was crossed as far as the taxation of trusts is concerned. Although not much was said, […]
March 14, 2013

Capital gains tax on donations and bequests

Paragraph 12(5) of the Eighth Schedule to the Income Tax Act was scrapped on 1 January 2013 and replaced with a new paragraph 12(A) which, in […]
March 14, 2013

Tax on retirement annuity contributions: Changes forthcoming!

At present up to 15 per cent of non-retirement funding income can be invested in Retirement Annuities (RA) and deducted from taxable income. This limit is […]
March 14, 2013

Deadlines to remember!

Clients are reminded of two important deadlines, one of which is imminent and the other representing a reprieve! Memorandum of Incorporation (MOI) As previously reported, the […]