AGGRIEVED BY YOUR TAX ASSESSMENT?
A taxpayer aggrieved by their tax assessment issued by SARS…
TAX SEASON 2022
WHO MUST SUBMIT AN INCOME TAX RETURN: SA Residents: Every…
FINALISATION OF YOUR ASSESSMENT
Generally, an assessment is issued immediately upon the submission of…
AMALGAMATION OF TWO ENTITIES RESULTING IN ROLLOVER RELIEF PROVISIONS
Both the Income Tax Act (“ITA”) and the Companies Act…
RETAINING ASSETS TO SETTLE DEBT AS PART OF A LIQUIDATION DISTRIBUTION TRANSACTION
In terms of section 47, a resident company (the “liquidating…
AUTOMATIC APPLICATION OF INTRA-GROUP TRANSACTIONS
It is often the case that South African companies transfer…
ASSET-FOR-SHARE TRANSACTION
It is often the case that South African tax resident…
CRYPTO ASSETS CHANGES ARE COMING
The Minister of Finance in the 2022 Budget Speech announced…
RECENT EXCHANGE CONTROL REFORMS
The Financial Surveillance Department of the South African Reserve Bank…