The changing legislative landscape in the fields of company law, tax law and financial reporting standards have made it essential for modern firms to evolve, and as the world becomes more complex and integrated, the days of the sole practitioners and the small accounting and audit firms are limited.
South Africa made an important tax change as of January 1, 2021, that you may not be aware of.
The Pretoria High Court has ruled in favour of the taxpayer in a recent court case, which has implications for how SARS collects your tax.
The so-called ‘Expat Tax’ changes have been looming large in the distance for a while now, but the time for implementation has almost arrived.
We’re not even a month into 2020 and things are already looking iffy for the South African economy. Our tax shortfall needs to be made up somewhere.
SARS wants you to know that failure to file your tax returns will be met with the full force of the National Prosecuting Authority.
Remember that new expat tax we warned you about? It’s officially here, and the consequences could be devastating for businesses.