The South African National Treasury has issued a discussion paper on a new diesel tax refund system, reviewing its administration and addressing anomalies related to its qualifying activities and beneficiaries.Read Full Story
The South African Revenue Service has confirmed that resident non-executive directors of companies should register for and charge value-added tax in respect of any fees earned for their services.Read Full Story
The South African Revenue Service has issued revised capital gains tax guides that provide a basic introduction to the tax for companies and individuals for the 2017 year of assessment, which covers the period from March 1, 2016, to February 28, 2017.Read Full Story
The South African Revenue Service has issued a binding general ruling that provides clarity on the interpretation and application of the Income Tax Act's funding requirement for tax-exempt membership-based organizations.Read Full Story
The South African Revenue Service has issued a revised binding general ruling that identifies the taxes administered by the agency that constitute taxes on income for the purposes of South Africa's double taxation agreements. Read Full Story
The South African Revenue Service has issued a tax exemption guide on the income tax exemption for a public benefit organization carrying on a public benefit activity.Read Full Story
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