by Pieter van der Zwan | Feb 23, 2022 | Corporate and business tax
The National Treasury published the 2022 Budget Review on Wednesday 23 February 2022. Amongst others this document sets out the tax proposals for the year ahead. This article briefly highlights some of these proposals and announcements that affect corporate taxpayers....
by Pieter van der Zwan | Feb 3, 2022 | Value Added Tax
Persons who develop residential property for purposes of selling it are often not able to immediately sell the property as intended. If they are unable to do so for extended periods of time, developers often resort to renting the property to tenants in the interim to...
by Pieter van der Zwan | Jan 18, 2022 | General tax matters
Tax assessments must reach finality. For taxpayers this happens when SARS can no longer issue additional assessments for the specific tax period. Section 99 of the Tax Administration Act limits the periods for issuance of assessments by SARS. This article considers...
by Pieter van der Zwan | 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...
by Pieter van der Zwan | Aug 1, 2021 | General tax matters
Cryptocurrencies present lucrative trading as their short-term values fluctuate wildly. They may however also prove to be good longer term investments if the value ultimately grows substantially when held over a longer period of time. Over the past few months,...
