SARS' threatening TV ads are counter-productive

Posted 05 January 2015

SA Revenue Service (SARS) warns taxpayers in a new series of TV advertisements that "We are closing in on you." That's a far cry from the "SARS thanks you" ads of a year ago. High taxes have resulted in 20% of fuel and 45% of cigarettes in SA being smuggled. The new ads are counter-productive, writes Loane Sharp.

Read More »



Changes to retirement tax likely to be delayed

Posted 20 October 2014

Expected amendments to tax on retirement savings due to come into effect in March next year are likely to be delayed, possibly by a year. The retirement industry is less than happy with the delays, which are reportedly caused by trade union concerns over social security, according to Personal Finance.

Read More »



Court sets rules for SARS audits

Posted 07 July 2014

A recent judgment by the Supreme Court of Appeals sets out rules for a SARS audit. This is based on a case dating back more than a decade when SARS was found to have overreached itself in dealing with a taxpayer.

Read More »



New withholding tax on cross-border services

Posted 27 January 2014

An amendment to the Income Tax Act imposes a 15% withholding tax on cross-border services rendered in South Africa, writes Graeme Palmer of Garlicke Bousfield.

Read More »



The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.