Non-profit organisation

February 23, 2021February 23, 2021 Marc DerfoldyCapital Gains Tax, Companies Act, Non-profit organisation

Non-profit organisation-related law and benefits in South Africa – article 1 of 2

In this article, we will discuss some legal aspects of non-profit organisations and the benefits thereof. Applicable Laws • Constitution of the Republic of South Africa, Act 108 of 1997 […]

September 7, 2020September 7, 2020 Marc DerfoldyCompanies Act, Non-profit organisation, P.A.Y.E, Tax Administration Act

The similarities and differences between non-profit (NPO) and for-profit organisations and the legal requirements for a NPO

This article is number two of two in this NPO series and provides further insight in to non-profit organisations and the legal framework around them. Section 21 companies: what is […]

September 3, 2020September 3, 2020 Marc DerfoldyNon-profit organisation, Terminology

The similarities and differences between non-profit (NPO) and for-profit organisations and the legal requirements for a NPO

This article provides an insight in to non-profit organisations and the legal framework around them and is split in to two articles. Firstly, one should understand the similarities between non-profit […]

June 1, 2020June 1, 2020 Marc DerfoldyBudgets, Companies Act, Corporate Tax, Non-profit organisation

Donations tax implications of subscribing for shares at a discount

Income Tax Act 58 of 1962 sections 55(1) and 58(1) SARS released a private binding ruling (BPR343) in May 2020 explaining the outcome of a request from an applicant as […]

March 12, 2020March 12, 2020 Marc DerfoldyBudgets, Corporate Tax, Non-profit organisation

Donations made to Public Benefit Organisations (PBOs)

One example is given below whereby money is donated to a PBO at a fundraising event. The relevant Act is the Income Tax Act 58 OF 1962 and Section 18A […]

September 16, 2019September 16, 2019 fincorCapital Gains Tax, Carbon Tax, Companies Act, Corporate Tax, Employment Tax Incentive, Income Tax Act, Non-profit organisation, P.A.Y.E, Pension Funds, Personal Income Tax, Provident Funds, Retirement, Tax Administration Act, Trusts, Value Added Tax

Post List

AARTO’S POINTS DEMERIT SYSTEM— ROAD TRAFFIC INFRINGEMENTS
Administrative Penalties for Corporate Income Tax (CIT)
Administrative penalties for corporate income tax (CIT) to be imposed
Annual Tax Returns
Bargaining Councils, what are they?
Business Rescue
Capital Gains Tax
Capital Gains Tax for Companies – part 1
Capital Gains Tax for Companies – part 2
Capital Gains Tax for Companies – part 3
Carbon Tax
Carbon Tax update – September 2020
Clarifying the interaction between the Employment Tax Incentive and Special Economic Zone provisions
Company Tax Return Amendments
Conduct of Financial Institutions Bill – second draft available and the effect on Pension/Retirement Funds
Corporate Income Tax Rates in South Africa
Corporate Income Tax Returns
Corporate Tax Statistics
Corporate Taxes
Default Regulations for Retirement Funds
Defining “Goodwill” and it’s tax treatment
Diesel Refund System
Different types of shares; ordinary versus preference shares
Different types of taxes
Directors vs Shareholders
Dividends tax: proposed amendments to the taxation of manufactured dividends
Donations made to Public Benefit Organisations (PBOs)
Donations tax implications of subscribing for shares at a discount
Double Tax
Draft Income Tax Amendment Bill – Commentary
Economic Terms and Tax Concepts — Fiscal Drag causing higher tax rates
Employees’ tax in respect of an independent contractor
Employment Tax Incentive
Employment Tax Incentive Term Extended
February 2019 Budget Speech Summary
Financial aid during the COVID-19 crisis – Unemployment Insurance Fund
Financial fallout from the COVID-19 pandemic
Foreign Employment Income Tax
Goodwill – Capital Gains Tax and Accounting
Government Employees Pension Fund and Child Pension
How is the base fuel price calculated?
IFRS and IFRS 3 – Business Combinations
Know the difference – Accounting terminology 101
Know your terminology
Know Your Terminology – Accountant vs Auditor
Know your terminology – Taxation
Liquidation
List of Qualifying Physical Impairment or Disability Expenditure
New filing requirements for insolvent taxpayers
Non-compliance with laws and regulations – NOCLAR
Non-profit organisation-related law and benefits in South Africa – article 1 of 2
PAYE-AS-YOU-EARN (PAYE) Penalties
PAYE, CCMA, Labour Court Awards and the Income Tax Act 58 of 1962
Payroll Services
Photovoltaic Solar Energy Plants
Provident Funds
Public Benefit Organisations: Capital Gains Tax – part 1
Public Benefit Organisations: Capital Gains Tax – part 2
Public Interest Score
Re-enforcing Tax Compliance
Rendering of transport services by an employer
RETURNS TO BE SUBMITTED BY A PERSON IN TERMS OF SECTION 25 OF THE TAX ADMINISTRATION ACT, 2011 (ACT NO. 28 OF 2011)
SARS and Tax Assessment Prescriptions
SARS’ Official Functions
Savings vs Investments
Section 13 of the Income Tax Act
Section 13 of the Income Tax Act No. 58 of 1962 – property investment and tax relief
Section 23H of the Income Tax Act, No 58 of 1962 – deductions claimed for prepaid expenditure
Sections 225 and 360 of the NOCLAR provisions – Obligations for Professional Accountants
SECURITIES TRANSFER TAX
SEZ’s or Special Economic Zones
Shareholder Liability For Tax Debts Of A Company
Some changes made to the Taxation Laws Amendment Bill, 2020
Starting up a business in South Africa
Submission of Annual Financial Statements
Submission of Annual Personal Income Tax Returns
Submission of Annual Personal Income Tax Returns and your obligations
Submission of production, costing and trade statistics to Statistics South Africa (STATSSA)
Tax and retirement
Tax Avoidance vs Tax Evasion
Tax Avoidance vs Tax Evasion – Infographic
Tax exemption for foreign employment income
Tax filing season starts on 01 July
Tax Incentives and Renewable Energy
Tax Incentives for Research and Development
Tax on Foreign Earnings
TAX ON INHERITANCE, DONATIONS AND A DECEASED ESTATE
Tax refunds from SARS
Tax relief and the R500 billion breakdown
Tax-based incentives offered by Government to businesses operating in South Africa
Tax-based incentives offered by Government to businesses operating in South Africa(part2)
Taxation Laws Amendment Bill, 2020 and Tax Administration Laws Amendment Bill, 2020 now promulgated as law in January 2021
The 2020 Budget, tax matters, SAA, Eskom and a lower government employee wage bill
The Carbon Tax Act
The Diesel Rebate Explained
The Financial Sector Conduct Authority’s proposal to make crypto assets a financial product
The FSB and FSCA
The Impact of the Corona-Virus on the nationwide lockdown in South Africa
The Importance of Producer Price Inflation Statistics
The International Corporate Tax Problem – Base erosion and profit shifting (BEPS)
The National Credit Amendment Bill
The Prime Lending Rate of the Reserve Bank
The similarities and differences between non-profit (NPO) and for-profit organisations and the legal requirements for a NPO
The similarities and differences between non-profit (NPO) and for-profit organisations and the legal requirements for a NPO
The two types of UIF claims during the COVID-19 lockdown explained
The Unemployment Insurance Fund (UIF)
Trusts
Updates to the Taxation Laws of South Africa
Value-added tax (VAT)
VAT on electronic services
VAT relief for importers in the time of the COVID-19 pandemic
What is a non-profit organisation?
Wilful conduct (misconduct) for tax related offences – proposed amendments as per 2020 Draft Taxation Laws Amendment Bill (Draft TLAB) and the 2020 Draft Tax Administration Laws Amendment Bill (Draft TALAB)
Workmans Compensation
WSP & ATR submission
Zero-rated VAT items