Covid-19 relief may complicate provisional tax

The first period for provisional tax ends on 31 August. Provisional taxpayers must therefore have submitted their initial IRP6 return and settled any payments due by that date. “In addition, Covid-19 relief allowances make the calculation of estimated tax all...

A step closer to retirement reform in SA

The draft Taxation Laws Amendment Bill (TLAB) was published on 31 July 2020. By Jerry Botha, managing partner, and Jean Du Toit, head of tax technical at Tax Consulting South Africa As announced in the Budget Speech, any South African leaving in future will be subject...

Named and shamed by SARS: a possible deterrent?

The South African Revenue Service (SARS) has undertaken to make the filing of annual tax returns for the 2020 filing season as seamless as possible for individuals who diligently fulfil their tax obligations. By André Daniels, tax attorney at Tax Consulting SA At the...

New tax bills impose stricter retirement fund rules

The draft Taxation Laws Amendment Bill (TLAB) was published on 31 July 2020 and with it comes an overhaul of the regime for taking your retirement funds abroad. By Jean du Toit, head of tax technical at Tax Consulting SA In terms of the proposed amendments,...

Integrating technology for the new normal

The theme for organisations over the past several months has been one of survival. Whether you are running a start-up in Lagos or a multi-national enterprise headquartered in Johannesburg looking to expand into Africa, it has simply not been business as usual....

Effective workforce management in the new normal

Businesses across all industries and sectors are under pressure to operate within the ‘new normal’, unprecedented conditions that calls for tighter control of resources and acute focus on workforce management. Guenter Nerlich, sales manager: WFM/ERP...