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Honoré’s South African Law of Trusts

About this publication: Trusted for over 50 years, this accessible, comprehensive and practical commentary has been written with the needs of the practitioner, the trustee and the academic jurist in mind. The sixth edition of Honoré’s South African Law of Trusts…

Provided By Juta

Unincorporated joint ventures in South Africa – What you need to know

B-BBEE Requirements and Status All entities wishing to obtain a B-BBEE certificate are measured against some or all of the pillars under the Codes. The Codes measure compliance of verified entities in respect of five pillars, namely: Ownership; Management and …

Provided By Eversheds Sutherland

by Tyron Fourie and Grant Williams

Reducing the cost of transfer pricing compliance for Multinationals

Many countries have become more focused on combating tax avoidance. As such, transfer pricing compliance has become much more burdensome due to substantial documentation requirements...

by Okkie Kellerman

Reducing the cost of transfer pricing compliance for Multinationals

Offshore companies and doing business in South Africa – A Companies Act perspective

According to the most recent statistics released by the South African Revenue Service, South Africa remains a net importer of goods and services. Put differently,...

by Brian Kahn Inc Attorneys

Offshore companies and doing business in South Africa – A Companies Act perspective

SARS is allowed to dig into your bank account

Be aware when you have outstanding tax debt as the Tax Administration Act 2011, as amended (TAA), empowers the Commissioner of the South African Revenue...

by VDMA Attorneys

SARS is allowed to dig into your bank account

Share buy-back transactions

Share buy-backs have become a very common mechanism for exiting an investment in a South African company since the introduction of dividends tax in April...

by Kelly Pretorius

Share buy-back transactions

Budget 2017: Personal income tax

In the 2017 Budget Speech, Minister Gordhan noted that (for the first time since 2009/10) tax revenues have not kept pace with economic growth. The...

by Kelly Pretorius

When municipal debt lurks in the shadows

Buying and selling immovable property is usually a fair exchange, with the purchaser paying an agreed price to the seller in exchange for the property. However,...

by Lavarn Gounden

When municipal debt lurks in the shadows

Tax Ombud complaints: Get your matter dealt with

The Tax Ombud released its report for the 2015/16 year in early October. Of the 2,133 complaints received, 938 (44%) were rejected. When one is...

Tax Ombud complaints: Get your matter dealt with

Contingency Fees: VAT inclusive or exclusive?

The High Court, Gauteng Local Division, considered in a recent case (case No 2012/21359, 31 August 2016) whether an agreement in terms of which a...

by Gerhard Badenhorst

contingency fees

Tax clearance at your leisure

SARS has recently gone live with a new Tax Clearance System (TCS) which stands to replace the traditional Tax Clearance Certificate (TCC) procedures. This TCS...

by Renand Pretorius

Tax clearance at your leisure

The practical application of legal professional privilege in discovery proceedings

General Principles Legal professional privilege applies to communications between a client and legal advisor, where the legal advisor is acting in a professional capacity and is...

by Taryn Solomon and Megan McCormack

The practical application of legal professional privilege in discovery proceedings

Is VAT payable on delivery fees?

It is common practice for suppliers to deliver the goods that they supply at the premises of their customers on the customer’s request. The suppliers...

by Gerhard Badenhorst

Is VAT payable on delivery fees?

SCA Judgments: Capstone & Kluh

In our November 2014 edition of Legalwerks, we discussed the decisions of the Full Bench of the High Court of the Western Cape regarding the...

by Doelie Lessing and Yvonne Steyn

SCA Judgments: Capstone & Kluh

2016 South African budget speech summary

The Honourable Minister of Finance read the 2016 South African budget speech on 24 February 2016. In this summary, we address only the revenue (i.e....

Interest(ing) Withholding Tax – The Taxation Laws Amendment Act

The Taxation Laws Amendment Act of 2015 (“Amendment Act”) was promulgated on 8 January 2016 and contains a number of legislative changes to the Income...

by Michael Reifarth

Interest(ing) Withholding Tax – The Taxation Laws Amendment Act

Annuitisation of provident funds to proceed on 1 March 2016

The National Assembly recently approved the Taxation Laws Amendment Bill which confirms that from 1 March 2016 future retirement savings in provident funds will be...

Provident Funds

Taxpayer Victory As “Pay Now, Argue Later” Principle Successfully Challenged

In terms of the “pay now, argue later” principle, the South African Revenue Service (SARS) is entitled to collect amounts owing by a taxpayer in...

Voluntary VAT registration: When to raise your hand & recent regulations

A person is obliged to register as a value-added tax (“VAT”) vendor where such person makes taxable supplies (comprising of standard and zero-rated supplies) in...

by Varusha Moodaley

Voluntary VAT registration: When to raise your hand & recent regulations