This is the first article in a series discussing urban zone development allowances. This article lists the first of two requirements, the building requirement and urban development zone requirement, to […]
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Tax Exemption Guide for Recreational Clubs – Issue 5 (2025), part 2 – Other applicable tax liabilities
This is article 2 in a series of articles discussing the updated Tax Exemption Guide for Recreational Clubs published by SARS. Other applicable tax liabilities Provisional tax Provisional tax is […]
Block exemption regulations for small, micro and medium-sized businesses
The purpose of the Regulation, Gazette Number 50746, Regulation 2538 dated 03 June 2024, is to exempt a category of agreements or practices among SMMEs contained in the Schedule from […]
Guide for employers in respect of fringe benefits – 2025 update
Source: SARS External Guide, effective 12 March 2025 after the annual budget speech from the Minister of Finance This article, the first in a series, will assist employers in understanding […]
Tax treatment of spouses married in community of property
In South Africa, your marriage is automatically assumed to be in community of property, unless you enter into an antenuptial contract. The choice of which marriage contract to enter into […]
Draft guide to the Employment Tax Incentive
In March 2023 SARS issued a new draft guide to the Employment Tax Incentive. It’s a lengthy 56 pages and can be downloaded from the SARS website. The employment tax […]
Developing a Multilateral Instrument to Modify Bilateral Tax Treaties
On 30 September 2022, South Africa ratified the Multilateral Instrument which will enter into force for South Africa on 1 January 2023. This will affect Africa’s bilateral tax treaties with […]
Estate Duty – part 3
This article deals with taxation related to the estate of a deceased person. This is part 3 of a series of articles related to Estate Duty and discussed the valuation […]
The DTI’s Special Economic Zones Tax Incentive Guide
The South African Government established the Industrial Development Zones (IDZs) programme in an effort to reposition itself in the world economy. The programme’s main focus was to attract foreign direct […]
NPOs, corrupt activities and the Financial Action Task Force (FATF)
Source: BEST PRACTICES – COMBATING THE ABUSE OF NON-PROFIT ORGANISATIONS (RECOMMENDATION 8) – 2015 by the FATF South Africa has an established and functioning system, including the establishment of a […]