In December 2018, SARS published a draft binding general ruling regarding provision of transport services by an employer. This draft document is effective from March 2019. Quoting SARS: “This BGR […]
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List of Qualifying Physical Impairment or Disability Expenditure
In November 2018, SARS published a draft list of qualifying physical impairment or disability expenditure relevant to section 6B(1) of the Income Tax Act 58 of 1962. Paragraph (c) of […]
Re-enforcing Tax Compliance
In previous articles, dated 15 and 29 October 2018, it was noted that SARS will be imposing administrative penalties from December 2018 for outstanding Corporate Income Tax (CIT) returns. The […]
Updates to the Taxation Laws of South Africa
The number of updates made to Laws in South Africa on an annual basis is a daunting task to keep track of. One field within which several new laws and/or […]
Administrative Penalties for Corporate Income Tax (CIT)
In a previous article dated 15 October 2018, it was noted that SARS will be imposing administrative penalties from December 2018 for outstanding Corporate Income Tax (CIT) returns. Administrative penalties […]
Administrative penalties for corporate income tax (CIT) to be imposed
SARS will be imposing administrative penalties from December 2018 for outstanding Corporate Income Tax (CIT) returns. Administrative penalties will be imposed on companies that receive a final demand to submit […]
What is a non-profit organisation?
What is a Non-Profit Organisation? A non-profit organisation is defined as a trust, company or other association of persons: (a) established for a public benefit purpose, and (b) the income […]
Business Rescue
Fincor flyer- 16 April 2016 – Business Rescue
Section 13 of the Income Tax Act
Fincor flyer- 20 April 2016 – Section 13 of the Income Tax Act
The FSB and FSCA
Flyer – 04 May 2018 – FINCOR – FSB and FSCA