by Pieter van der Zwan | Nov 9, 2022 | Amendments, Corporate and business tax
The National Treasury published the Taxation Laws Amendment Bill for 2022 on 26 October 2022. Amongst others, this bill includes an amendment that affects returns of capital. This is the outcome of a process that started in 2021. Principles of returns of capital When...
by Pieter van der Zwan | Oct 26, 2022 | General tax matters
The first step for an aggrieved taxpayer to dispute a tax assessment is generally to lodge an objection in terms of section 104 of the Tax Administration Act (the TAA). In this article, I consider The Commissioner for the South African Revenue Service v Airports...
by Pieter van der Zwan | Sep 21, 2022 | Corporate and business tax, Value Added Tax
There are many costs to raise funding for a business, whether debt or equity capital. These include raising fees, initiation fees, facility fees and charges relating to structuring the transaction, to mention a few. In this article, I consider a recent case that dealt...
by Pieter van der Zwan | Aug 15, 2022 | Amendments, Value Added Tax
VAT vendors can expect a number of amendments that affect specific classes of vendors in 2023. The National Treasury published the draft Taxation Laws Amendment Bill (‘TLAB’) for comment on 29 July 2022. It contains a number of proposals for amendments to the Value...
by Pieter van der Zwan | Aug 3, 2022 | Amendments, Corporate and business tax
What awaits corporate taxpayers in the 2023? The National Treasury published the draft proposals for tax amendments for the 2022 legislative cycle on 29 July 2022. These give taxpayers an indication of the changes to expect at the end of 2022 (click here for the...
