February 28, 2020

Section 42 of the Income Tax Act: Navigating the legislative maze of an asset-for-share transaction

The tax relief provided for in sections 41 through to 47 of the Income Tax Act, Act 58 of 1962 (herein the ”ITA”), or rather the […]
January 10, 2020

Anti-dividend stripping tax avoidance rules: You may need to revisit your 2019 transactions

  Anti-dividend stripping tax avoidance rules: You may need to revisit your 2019 transactions On 21 July 2019, the Draft Taxation Law Amendment Bill was released, […]
March 12, 2018

Increase in VAT: What rate should be charged in property transactions?

In the 2018 Budget Speech delivered by Finance Minister Malusi Gigaba on 21 February 2018, the standard rate of VAT was increased from 14% to 15%, […]
August 25, 2017

DEATH AND TAXES

“…in this world nothing can be said to be certain, except death and taxes” Benjamin Franklin, in 1789 Have you considered seeing a professional regarding your Estate […]
July 26, 2017

TAXATION LAWS AMENDMENT BILL 2017

Interest free loans or low interest loans to trusts and related companies – sec 7C revisited. In our circular dated the 10th of January 2017 we […]
May 12, 2017

The validity of tax invoices: It is your responsibility

The audits of Value-Added Tax (VAT) returns by the South African Revenue Service (SARS), have increased the focus on the validity of tax invoices for the […]
May 11, 2017

Influence on estate planning

The purpose of this communication is to inform clients of certain tax increases and proposals that will have an effect on Estate and Financial Planning. Only […]
August 1, 2016

Interest Free or Low Interest Loans to Trusts – Draft Taxation Laws Amendment Bill – 8 July 2016 

The Draft Taxations Laws Amendment Bill, 2016 has been made available for comments. As far as trusts are concerned a new section 7C is proposed. The […]
March 2, 2016

The 2016 Budget Speech influences your Estate

The purpose of this communication is to inform clients of certain tax increases and proposals that will have an effect on Estate and Financial Planning. Only […]
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