Tax & Legislation Business Tax
Johannesburg - While the announcement of a hike in sin taxes is almost a given in Finance Minister Pravin Gordhan’s Budget speech later this month, a mooted tax on university graduates and an increase in the “rich tax” has caused a stir. Add a comment
LEGISLATION allowing the SA Revenue Service (Sars) to search business premises without a warrant is expected to come into operation within the next three months.
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South Africa will not follow Australia in implementing a mining super tax, Mineral Resources Minister Susan Shabangu said on Thursday, 10 May 2012.
Some company executives in South Africa are playing with fire by taking tax positions that are perilously close to tax evasion. This is a dangerous situation for company directors, who could burn their fingers severely by association.
