Don’t increase personal tax – focus on economic growth
The Chartered Institute for Business Accountants (CIBA) has launched a petition to reduce personal income tax in the upcoming budget speech. To date the petition has acquired almost 25 000 signatures.
Japan and South Africa: 2023 shifting trends in international tax
Will Japan's recent implementation of the global minimum tax accelerate the discussions around the implementation of the GloBE rules?
Airline industry: New Bill has important tax consequences
The National Treasury has published the Taxation Law Amendment Bill. This bill, effective from 1 January 2023 will have important tax consequences for lessors in the airline industry
SARS may soon require tax reference numbers from PBOs
“But when you give to the needy, do not let your left hand know what your right hand is doing,” Matthew 6:3. When it comes to taxpayers claiming deductions for donations to PBOs, this kind of ambiguity can shield serious tax fraud. Armed with a recent amendment, SARS may soon require more information from PBOs.
A Specialist’s Guide to Avoiding Tax Disputes
Nico Theron is the founder of Unicus Tax Academy and Unicus Tax Specialists SA, shares his advice on how to avoid disputes and how to handle them when they do arise.
The upside of the new tax practitioner criteria
There is an upside to the newly introduced criteria SARS introduced for tax practitioners, argues SAIBA CEO Nicolaas van Wyk. Chief of which is that further rules will result in additional respect for practitioners.