Proposed changes to the taxation of preference shares

The National Treasury published the draft tax law amendment bills for comment on 16 August 2025. A significant proposal relates to section 8E, which deals with hybrid equity instruments. It affects, amongst others, preference shares. In this episode of my podcast, Tax Break, I discuss the proposed changes and share my initial thoughts about it.

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What is your South African tax residence status?

Sep 7, 2021 | Individuals and wealth planning

Many South Africans leave the country. Some do so permanently, while others temporarily work and gain experience abroad. These persons often grapple with the question whether they are still considered to be South African tax residents. SARS recently added guidance on...

Changes to the VAT registration thresholds

Apr 26, 2026 | Value Added Tax

The National Treasury announced in the 2026 Budget Review that the compulsory VAT registration thresholds will increase from R1 million to R2,3 million. The voluntary registration threshold also increases from R50 000 to R120 000. These changes in the draft Rates and...

Be careful of the GAAR

Apr 15, 2026 | Corporate and business tax, General tax matters, Individuals and wealth planning

The number of cases before South African courts involving the general anti-avoidance rules (the GAAR) have increased noticeably in the last two years. This clearly demonstrates that SARS applies the GAAR in practice. Tax practitioners and professionals must have a...

Tax in the 2026 Budget

Feb 27, 2026 | Uncategorized

There is always a lot of excitement about the budget and 2026 was no different. In this episode, I discuss some tax proposals in the budget that would be interesting for as tax professionals and practitioners. The proposals that I discuss include: Inflationary...

Section 7C

Feb 19, 2026 | Uncategorized

Section 7C has been a hot topic for tax practitioners since its introduction in the Income Tax Act as part of the 2016 amendments. It is one of the few sections that most people recognise by the section number! SARS issued a draft interpretation note for comment late...

Considering VAT on grants

Feb 4, 2026 | Uncategorized

When thinking about VAT and grants, your first instinct is probably that there should not be VAT on a grant. In this episode, I look at a tax court case that illustrates the importance of being careful when dealing with VAT and grants, as this can be more complex than...

Pointers for share incentive schemes

Jan 23, 2026 | Corporate and business tax, Individuals and wealth planning

Many companies use share incentive schemes to align the objectives of key staff members and the company. The design may look different between - for example, listed / private company. However, the tax considerations at the core of the share incentive schemes are...

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