Read more about the article Employment Tax Incentive helping but needs work
Employment Tax Incentive helping but needs work

Employment Tax Incentive helping but needs work

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…

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Read more about the article Treasury will not budge over carbon tax
Treasury will not budge over carbon tax

Treasury will not budge over carbon tax

The national Treasury is sticking to its decision about implementing the carbon tax from next year. The hopes of business have gone down as there might be delays to the…

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Read more about the article Malema’s Tax Case Postponed
Image source: EFF

Malema’s Tax Case Postponed

The Economic Freedom Fighters (EFF) leader Julius Malema's tax battle will resume in June after the Pretoria High Court postponed the matter one again. "I rule that the matter be…

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Read more about the article South Africa Planning Substantial Tax Relief
South Africa Planning Substantial Tax Relief

South Africa Planning Substantial Tax Relief

The South African Ministry of Finance has launched a public consultation on proposals for a temporary reduction in employer's and employees' contributions to UIF (Unemployment Insurance fund), while their benefits…

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Read more about the article Africa asked to introduce eco taxes, UN
Africa asked to introduce eco taxes, UN

Africa asked to introduce eco taxes, UN

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.…

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Read more about the article Securities Transfer Tax
Securities Transfer Tax

Securities Transfer Tax

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,…

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Read more about the article Tax Rates 2015
Tax Rates 2015

Tax Rates 2015

On Wednesday, 25 February 2015, South Africans were told to prepare for higher taxes. The government's annual budget indicated a 1% increase in personal income tax. Tax Rates for 2015…

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Tax and starting work

Here is a small, simple but effective guide to how much tax you will have to pay and when exactly. Some explanations will also be given How much tax should…

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Who is really liable for PAYE?

Who is really liable for PAYE: Synopsis A recently reported tax case highlights the importance to employers to deduct PAYE from the correct amount of remuneration, as defined in the…

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Value added tax (VAT)

Value Added Tax (VAT) was introduced on 30 September 1991 at 10% and increased to 14%  on 7 April 1993. The VAT system comprises three types of supply Standard-rated supplies…

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