
The resignation of SARS' controversial head of investigations, Johann van Loggerenberg, could see several tax cases he was investigating come under review. This could be good news for Czech fugitive Radovan Krejcir and other alleged wrong-doers.
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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.
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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.
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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.
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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.
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