Corporate Income Tax
What is Corporate Income Tax? Corporate Income Tax (CIT) is also known as a business tax. It is a tax imposed on businesses incorporated under the laws of the Republic…
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Jan 30, 2015
Donations Tax
What is Donations Tax? Donations tax is a tax that is payable at a flat rate on the value of property disposed of by a donation. Donations tax is calculated…
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Jan 30, 2015
Excise Duties and Levies
What is Excise Duties and Levies? Excise duties and levies are imposed mostly on high-volume daily consumable products as well as certain non-essential or luxury items. The goal of these…
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Jan 30, 2015
Do you have to submit a tax return?
Depending on your age and how much income or money you have earned in the year you may or may not have to submit a tax return. So, do you…
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Jan 30, 2015
Dividends Tax
What is dividends tax? Dividends Tax is a tax charged at 15% on shareholders when dividends are paid to them. Under normal circumstances, it is withheld from their dividend payment…
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Jan 30, 2015
Africa Tax: Dwindling revenues means increased diligence from authorities
A shrinking revenue base is top of mind for tax authorities in Africa as much as it is for their counterparts the world over. The upshot for businesses is that…
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Jan 30, 2015
Directors PAYE
DIRECTOR – MEMBER Any member of a Close Corporation who holds any office or performs functions similar to the office or functions of a director of a company is also…
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Jan 30, 2015
Are you a resident in South Africa for tax purposes?
CHANGE OF TAX SYSTEM The income tax system in South Africa changed from a source-based system of taxation to a residents-based basis of taxation with effect from years of assessment…
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Jan 30, 2015
Capital gains tax
Capital Gains Tax (CGT) EFFECTIVE DATE The proposed effective date for the implementation of Capital Gains Tax (CGT) is 1 October 2001 CGT APPLIES TO a residents worldwide assets a…
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Jan 30, 2015
Beskou die keiser jou as n boer
Deur HA Coetzee GR(SA) H Dip Belastingreg MCom DCompt voormalige hoogleraar by RAU Synopsis The Receiver of Revenue has tried unsuccessfully to add an objective factor to the interpretation of…
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Jan 30, 2015