Have you made full disclosure in your tax return?

With the deadline for individuals (who are not provisional taxpayers) fast approaching for submitting their tax returns, a question that is worth asking is whether full disclosure has been made in the relevant tax return. A taxpayer has an obligation in terms of …

Provided By Eversheds Sutherland

by Natalie Napier

Dividend stripping provisions in updated tax bills

With the delivery of the Medium Term Budget Policy Statement on 30 October 2019, updated and amended draft tax bills have been released highlighting the latest proposed amendments to the relevant tax acts. The amended bills contain the legislative changes that …

Provided By Eversheds Sutherland

by Natalie Napier

Walking the tightrope – Guidelines for defining your malus and clawback policy

There is a growing trend in South Africa towards businesses adopting malus and clawback policies in relation to their variable pay structures and employee incentive...

by Anita Moolman and Andrew Giliam

Walking the tightrope – Guidelines for defining your malus and clawback policy

The tax exemption for foreign employment income – SARS releases FAQ and Draft Interpretation Note

It has been widely publicised that on 1 March 2020, changes to the exemption for foreign employment income in s10(1)(o)(ii) of the Income Tax Act...

by Louis Botha

The tax exemption for foreign employment income – SARS releases FAQ and Draft Interpretation Note

How taxpayers will cough up for the new National Health Insurance Fund

The new National Health Insurance (NHI) Bill, tabled in Parliament on 8 August 2019, sheds some light on the establishment of the controversial new NHI...

by Aneria Bouwer

How taxpayers will cough up for the new National Health Insurance Fund

Draft Taxation Laws Amendment Bill 2019 published for comment

The 2019 Draft Taxation Laws Amendment Bill (Draft TLAB) and the 2019 Draft Tax Administration Laws Amendment Bill (Draft TALAB) have been published for comment. According...

by Sabinet

Research and development in South Africa: A must-read for any business operating in South Africa

In 2006, the South African Government introduced a tax incentive scheme aimed at increasing scientific and technological research and development expenditure by businesses throughout all...

by Dawid Prozesky

Foreign income tax exemption for South Africans employed overseas

Kicking the can down the rollercoaster: The tumultuous events and present stasis of the section 10(1)(o)(ii) amendment chronology This article explores the original proposal for amendments...

by Christiaan Harmse

Foreign income tax exemption for South Africans employed overseas

Eversheds Sutherland team hosts Hamish Erskine, CEO of Dube TradePort in discussion with clients and large tech companies in Durban

The Eversheds Sutherland team had the pleasure of hosting Hamish Erskine, CEO of Dube TradePort, in a discussion with various clients and large tech companies...

by Andrew Turner

Substance over form: A UK judgment about the avoidance of capital gains tax

In the United Kingdom, capital gains tax (CGT) under the Taxation of Chargeable Gains Act, 1992 (TCGA) is charged, inter alia, where a taxpayer disposes...

by Louis Botha

Substance over form: A UK judgment about the avoidance of capital gains tax

Tax Alert: South Africa’s employment tax incentive

The high levels of unemployment in South Africa, in particular unemployment in the youth, led to the introduction of the employment tax incentive (“ETI”) scheme...

by Tanya Pollak and Carmen Moss-Holdstock

Increasing focus on environmental taxes in South Africa

Climate change and global warming are issues that have long been debated. Predictions as far back as 1982 regarding increases in atmospheric carbon dioxide are...

by Jerome Brink

Increasing focus on environmental taxes in South Africa

How you can legally “revolt” against taxes

As a young professional, it is not necessary to revolt against paying taxes in order to protect your hard earned income. As important as it...

by Charlotte Clarke

How you can legally “revolt” against taxes

SARS Interpretation Note 17: When will an employer be liable for employees’ tax in respect of an independent contractor?

The South African Revenue Service (SARS) has published an updated Interpretation Note 17 (Interpretation Note) on how to determine whether a person is an independent...

by Jerome Brink and Aadil Patel

SARS Interpretation Note 17: When will an employer be liable for employees’ tax in respect of an independent contractor?

Venture Capital Companies under attack – again

During 2018, the venture capital company (VCC) industry had to deal with a lot of uncertainty as a result of the changes to Section 12J...

by Aneria Bouwer

Venture Capital Companies under attack – again

Important judgment for taxpayers regarding the valuation of trading stock

In C:SARS v Volkswagen SA (Pty) Ltd (1028/2017) [2018] ZASCA 116 (19 September 2018) the Supreme Court of Appeal (SCA) dealt with important principles in...

by Jerome Brink

Important judgment for taxpayers regarding the valuation of trading stock

In the end, there can be only one contract – The SCA considers section 24C of the Income Tax Act

On 3 December 2018, the Supreme Court of Appeal (SCA) handed down judgment in CSARS v Big G Restaurants (Pty) Ltd (157/18) [2018] ZASCA 179...

by Louis Botha

In the end, there can be only one contract – The SCA considers section 24C of the Income Tax Act

What costs can taxpayers deduct in pursuance of installing solar energy systems?

It is beyond doubt that South Africa enjoys sunshine more than most places on earth. The South African Department of Energy (DoE) states on its...

by Jerome Brink

What costs can taxpayers deduct in pursuance of installing solar energy systems?

Income Tax: What employees receiving foreign income should know

Employees might attempt to escape a tax liability on a portion of their income received in another country, however in a recent Court decision it...

by VDMA Attorneys

Income Tax: What employees receiving foreign income should know

South Africa’s first transfer pricing case?

Section 31 of the Income Tax Act, No 58 of 1962 (Act) contains South Africa’s transfer pricing provisions which constitutes one of the most contentious areas...

by Jerome Brink

Tag: Income Tax

Have you made full disclosure in your tax return?

Dividend stripping provisions in updated tax bills

Walking the tightrope – Guidelines for defining your malus and clawback policy

The tax exemption for foreign employment income – SARS releases FAQ and Draft Interpretation Note

How taxpayers will cough up for the new National Health Insurance Fund

Draft Taxation Laws Amendment Bill 2019 published for comment

Research and development in South Africa: A must-read for any business operating in South Africa

Foreign income tax exemption for South Africans employed overseas

Eversheds Sutherland team hosts Hamish Erskine, CEO of Dube TradePort in discussion with clients and large tech companies in Durban

Substance over form: A UK judgment about the avoidance of capital gains tax

Tax Alert: South Africa’s employment tax incentive

Increasing focus on environmental taxes in South Africa

How you can legally “revolt” against taxes

SARS Interpretation Note 17: When will an employer be liable for employees’ tax in respect of an independent contractor?

Venture Capital Companies under attack – again

Important judgment for taxpayers regarding the valuation of trading stock

In the end, there can be only one contract – The SCA considers section 24C of the Income Tax Act

What costs can taxpayers deduct in pursuance of installing solar energy systems?

Income Tax: What employees receiving foreign income should know

South Africa’s first transfer pricing case?