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Retirement

March 28, 2019March 28, 2019 fincorInvestments, Pension Funds, Provident Funds, Retirement

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, […]

March 14, 2019March 27, 2019 fincorInvestments, Provident Funds, Retirement

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 […]

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Guide for employers in respect of fringe benefits – 2025 update, article three – FREE OR CHEAP SERVICES, INTEREST, AND DEBT
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Guide for employers in respect of fringe benefits – 2025 update
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Application of proviso to Section 8EA(3) of the Income Tax Act
Taxation in South Africa
Global Minimum Tax Act
The Five Transfer Pricing Methods
SARS GUIDE ON THE SOLAR ENERGY TAX CREDIT PROVIDED
Transfer Pricing Methods – The Cost Plus Method

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AARTO’S POINTS DEMERIT SYSTEM— ROAD TRAFFIC INFRINGEMENTS
Accounting Officers and Registered NPO’s
Addressing the Tax Challenge Arising from the Digitalisation of the Economy – OECD and International Tax Legislation
Administrative Penalties for Corporate Income Tax (CIT)
Administrative penalties for corporate income tax (CIT) to be imposed
Amendments to regulations on the domestic reverse charge relating to valuable metal
Annual carbon tax accounts and payments are now due by 29 July 2021
Annual Tax Returns
Application of proviso to Section 8EA(3) of the Income Tax Act
Assessed losses under the Income Tax Act
Attribution of nett income to a Public Benefit Organisation
Bargaining Councils, what are they?
Basic Principles for S18A Approved Tax Exempt Institutions
Being Audited or Selected for Verification by SARS
Bursaries awarded by a Resident Company and the Income Tax Consequences
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 rate increase
Carbon Tax update – September 2020
Clarifying the interaction between the Employment Tax Incentive and Special Economic Zone provisions
Commission earnings and taxation
Companies and taxation in South Africa
Company Tax Return Amendments
Conduct of Financial Institutions Bill – second draft available and the effect on Pension/Retirement Funds
Construction Industry Development Board (CIDB)
Contributed Tax Capital and Preference Shares
Contributed Tax Capital and Preference Shares
Corporate Income Tax Rates in South Africa
Corporate Income Tax Returns
Corporate Tax Statistics
Corporate Taxes
Cryptocurrencies and tax
Customs Duty and VAT Implications on Imported Goods
Debt reduction provisions of the Income Tax Act and Taxation Laws Amendment Act
Declaration of a crypto asset as a financial product under the Financial Advisory and Intermediary Services Act
DEDUCTIBILITY OF MINING REHABILITATION INSURANCE PREMIUMS
Deduction for Photovoltaic Solar Energy Plants
Default Regulations for Retirement Funds
Deferral of payment arrangements with SARS
Defining “Goodwill” and it’s tax treatment
Definition of “Associated Enterprises” – Section 31 of the Income Tax Act
Deregistration of Tax Types – part 1 of 2
Deregistration of Tax Types – part 2 of 2
Determination of taxable income derived from farming
Developing a Multilateral Instrument to Modify Bilateral Tax Treaties
Diesel Refund for Food Manufacturers – Registration
Diesel Refund System
Different types of shares; ordinary versus preference shares
Different types of taxes
Directors vs Shareholders
Disposal of shares subsequent to a property development arrangement.
DISQUALIFICATION AS A QUALIFYING COMPANY UNDER SECTION 12R(4)(b)
Dividends Tax
Dividends tax: proposed amendments to the taxation of manufactured dividends
Donations made to Public Benefit Organisations (PBOs)
Donations Tax
Donations tax implications of subscribing for shares at a discount
Donations tax implications on the issue of shares at nominal value to enhance B-BBEE credentials
Double Tax
Draft amendments to rules for the implementation of tobacco products related excise duties on nicotine and nicotine-substitute solutions in vaping products
Draft guide to the Employment Tax Incentive
Draft Income Tax Amendment Bill – Commentary
Earnings thresholds, Income Tax thresholds and Minimum Wage updates
Economic Terms and Tax Concepts — Fiscal Drag causing higher tax rates
Employee Allowances for the 2023 Tax Year
Employees’ tax – Personal Service Providers and Labour Brokers
Employees’ tax (PAYE) on your pension or annuity
Employees’ tax in respect of an independent contractor
Employment Tax Incentive
Employment Tax Incentive Term Extended
Employment Tax Incentive (ETI), Corporate Income Tax (CIT) and others
Employment Tax Incentive Part 2
Employment tax incentives – students and the definition of employees
Estate Duty – part 1
Estate Duty – part 3
Estate Duty – part 2
Estates
Estates – ESTATE DUTY IMPLICATIONS ON KEY-MAN POLICIES
Excise Tax
Exclusion of certain companies and shares from a “GROUP OF COMPANIES” as defined in Section 41(1) of the Income Tax Act
Expat tax
Explanatory Memorandum on the Taxation Laws Amendment Bill of 2021 – CARBON TAX and RENEWABLE ENERGY
Export incentives – part 1
Export incentives – part 2
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
Fringe benefits and tax
Global Minimum Tax Act
Goodwill – Capital Gains Tax and Accounting
Government Employees Pension Fund and Child Pension
Guide for employers in respect of allowances (2024 tax year)
Guide for employers in respect of fringe benefits – 2025 update
Guide for employers in respect of fringe benefits – 2025 update, article three – FREE OR CHEAP SERVICES, INTEREST, AND DEBT
High wealth individuals and SARS disclosure
Home Office expenses, deductions and tax
How is the base fuel price calculated?
Hybrid Equity Interest on Third-Party Shares
IFRS and IFRS 3 – Business Combinations
Income Tax and Medical Tax Credits for the Individual
Income Tax and Medical Tax Credits for the Individual
Income Tax and the Individual
INDIVIDUAL ITR12 RETURN FOR DECEASED AND INSOLVENT ESTATES
Inheritance tax explained
Interest deductibility in South Africa
Interest-free shareholder loans, interest-bearing loans and loans to Trusts
Interpretation Note for public comment: Understatement penalty and meaning of “maximum tax rate applicable to the taxpayer”
Know the difference – Accounting terminology 101
Know your terminology
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Know your terminology – Taxation
Leasehold improvement allowance and Section 11(h) of the Income Tax Act
Liquidation
List of Qualifying Physical Impairment or Disability Expenditure
Mining and Petroleum Royalties and Taxation
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New Air Passenger Tax System
New filing requirements for insolvent taxpayers
Non-compliance with laws and regulations – NOCLAR
Non-Executive Directors and VAT and PAYE
Non-profit organisation-related law and benefits in South Africa – article 1 of 2
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NPOs, corrupt activities and the Financial Action Task Force (FATF)
PAYE-AS-YOU-EARN (PAYE) Penalties
PAYE, CCMA, Labour Court Awards and the Income Tax Act 58 of 1962
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Photovoltaic Solar Energy Plants
Physical Impairment or Disability Expenditure
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Provident Funds
Public Benefit Organisations: Capital Gains Tax – part 1
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PURCHASE OF DIFFERENT TYPES OF ANNUITIES AT RETIREMENT
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Re-enforcing Tax Compliance
Recreational Clubs and tax
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Residence Based Taxation and Foreign Employment
RESIDENT – PLACE OF EFFECTIVE MANAGEMENT
RETURNS TO BE SUBMITTED BY A PERSON IN TERMS OF SECTION 25 OF THE TAX ADMINISTRATION ACT, 2011 (ACT NO. 28 OF 2011)
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Tax returns and the 3-year limitation period of the Tax Administration Act
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Taxation Laws Amendment Bill, 2020 and Tax Administration Laws Amendment Bill, 2020 now promulgated as law in January 2021
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Taxation of the receipts of deposits – Part 2
Taxpayers and retention of records as per the Tax Administration and Companies Acts
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The Compensation Fund and Rand Mutual Assurance Fund
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The DTI’s Special Economic Zones Tax Incentive Guide
The Financial Sector Conduct Authority’s proposal to make crypto assets a financial product
The Five Transfer Pricing Methods
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 Promotion of Access to Information Act, 2000 (Act 2 of 2000) – requests for information and lodging of complaints with the Regulator
The SARS Voluntary Disclosure Programme (VDP)
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Trusts
Trusts and taxation of the beneficiaries thereof
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Understanding how SARS imposes admin penalties
Updates to the Taxation Laws of South Africa
Value-added tax (VAT)
Value-Added Tax Modernisation
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VAT relief for importers in the time of the COVID-19 pandemic
Venture Capital Companies
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Wear-and-tear or Depreciation Allowance
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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)
Withholding Tax on Royalties
Withholding Tax on Royalties (WTR)
Workmans Compensation
WSP & ATR submission
Zero-rated VAT items

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