UIF is a compulsory contribution to fund unemployment benefits. Since 1 April 2002, the contributions deducted and payable by employers on a monthly basis have been collected by SARS and…
SDL is a compulsory levy scheme for the purposes of funding education and training as envisaged in the Skills Development Act, 1998. This levy came into operation on 1 April…
GAUTENG – A 39year old man is expected to appear before the Germiston Magistrates Court on charges of extortion this morning. His apprehension came after the Hawks’ Serious Corruption Investigation…
Our country is enduring the most difficult period in its history. As President Cyril Ramaphosa aptly reminded us on Wednesday 17 June: "For 100 days we have been living in…
THE CAPITAL GAINS TAX CONSEQUENCES OF RESIDENT TRUSTS Author: Dr Hendrik Coetzee CA (SA) H Dip Tax Law MCom DCompt INTRODUCTION When one considers creating a trust regard must be…
Taxpayers worrying about the tax season deadline drawing ever closer can breathe a sigh of relief, after SARS (South African Revenue Service) announced on Wednesday that it would extends its…
South Africa's Employment Tax Incentive (ETI) needs some work if it is to serve as a strong weapon in the fight against youth unemployment, says Rob Cooper, tax and legislation…
The United Nations has release a new report, Africa's Adaptation Gap. This recommends that African countries begin to introduce environmental levies in order to contribute to global climate change efforts.…
What is securities transfer tax? Security transfer tax is levied on every transfer of a security . It was implemented from 1 July 2007 under the Securities Transfer Tax Act,…