South Africa has strict foreign exchange controls that allow the South African Reserve Bank to keep track of the outflow and inflow of capital in South Africa. Taxpayers over the […]
Investments
New filing requirements for insolvent taxpayers
SARS published a new guide on 25 January 2019 stating that, as from 25 January 2019, individual taxpayers that are voluntarily or mandatorily sequestrated must submit income tax returns in […]
Default Regulations for Retirement Funds
Back in 2017, the Minister of Finance, Malusi Gigaba, issued the Default Regulations with effect from 1 September 2017. The Default Regulations prescribe conditions for default investment portfolios, default preservation and portability, […]
Provident Funds
In this article, we look at the basic concepts of Provident Funds. A provident fund is a type of retirement fund, offered by an employer, governed by the Pension Funds […]