Repo rate unchanged

Consumers will breathe a sigh of relief after the South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 6.5%.

3 days ago

Nene extends Kingon's stint

Acting South African Revenue Services (Sars) chief executive, Mark Kingon, will hold the position for a further three months, after Finance Minister Nhlanhla Nene extended his stint...

18 Sep 2018

FairPlay's fight for VAT-free chicken picks up support in Parliament

Chicken emerged as a favourite to be VAT-exempted for the support of South Africa's poor, when stakeholders presented their responses to the Woolard Panel of Expert's report in Parliament yesterday...

13 Sep 2018

National Credit Amendment Bill to provide relief to consumers

The National Assembly on Wednesday adopted the long-awaited National Credit Amendment Bill, which aims to address and prevent over-indebtedness of consumers...

13 Sep 2018

Technical recession could affect tax collection

With the recent announcement by Statistics South Africa that the country is in a technical recession, Finance Minister Nhlanhla Nene says this may affect tax revenue collection.

11 Sep 2018

Recession? What recession? Now let's talk land reform

Economist, Dr Roelof Botha is quite adamant that South Africa is not in a recession despite what Stats SA said...

By Nicci Botha 10 Sep 2018

To zero-rate, or not to zero-rate: why the VAT debate is more complex than it appears

The one percentage point increase in South Africa's value added tax (VAT) rate, which was implemented in April this year, has raised important questions about how the tax system can and should address inequality...

By Imraan Valodia & David Francis 7 Sep 2018

The return of Sars' Large Business Centre welcomed

Sars' decision to re-establish its Large Business Centre will undoubtedly ease the administrative and compliance burden of big business and high net-worth individuals...

By Ettiene Retief 5 Sep 2018

Digging for the answers on crypto and tax

Most people know what Bitcoin, or cryptocurrency, is by now. Some have even bought and sold a few and more impressively, some have found out how to turn cryptocurrencies into a business. Then, there are the miners...

By Christopher Renwick 4 Sep 2018

Making chicken VAT-free should be a national imperative, says FairPlay founder

South Africa is processing a new report produced by an independent panel that reviewed the current list of items exempted from value-added tax...

3 Sep 2018

Navigating the minefield of a tax audit

As a taxpayer you have the right to administrative justice. So, if you undergo a South African Revenue Service (Sars) audit, both you and tax office need to be compliant...

30 Aug 2018

Two found guilty of defrauding Sars

A bogus tax practitioner was one of two people sentenced to a combined 26 years direct imprisonment for defrauding the South African Revenue Service (Sars)...

29 Aug 2018

Zero-rated VAT items: how South Africa is going about expanding the list

South Africa is processing a new report produced by an independent panel that reviewed the current list of items exempted from value added tax (VAT)...

28 Aug 2018

International escrow and tax services offered by Europlaw Group

Europlaw Group has entered a joint venture with Ithuba Savings Credit Corp Limited representing ISCC Group, that has an international footprint from the banking to oil and gas industries...

Issued by Europlaw 27 Aug 2018

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