Law must keep pace with technology

The Davis Tax Committee’s (DTC) First Interim Report on VAT focuses on a number of key challenges inherent to VAT in South Africa, and includes a substantial section on the application of VAT in the e-commerce environment. “We welcome the recommendations...

SAIPA lobbies for sugar tax

Heart disease, cancer and type 2 diabetes are common diseases linked with the high consumption of sugar. Now, governments are turning to tax to help cut the sweet and promote healthier lifestyles. “A recent study has presented interesting data with South Africa at the...
Security breach hits US taxpayers

Security breach hits US taxpayers

At least 100 000 American taxpayers have had their security compromised via a breach in the Internal Revenue Service (IRS) systems. The IRS has announced that criminals used taxpayer-specific data acquired from non-IRS sources to gain unauthorised access to...

Get the tax basics right

By starting a business, you’re helping to create jobs, contributing towards skills development, and even inspiring other entrepreneurs. But it’s important to get your SARS red tape right from the start if you want to avoid problems and penalties with the tax...

Incentives intend to boost artisan numbers

In his recent budget speech, Finance Minister Nhlanhla Nene said raising the number of trainees who qualify as artisans will be a “special priority” for government going forward.The options include offering employer’s tax incentives, as well as subsidising salaries...