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South Africa News - Business, Taxation & Offshore

SARS VAT Guide On Company Acquisitions Updated

by Lorys Charalambous,, Cyprus

Last updated 21 hours ago | Tuesday, March 28, 2017

The South African Revenue Service has released for public comment an update to its guidance on the VAT treatment of a transfer of an enterprise, or part thereof, as a going concern. Read Full Story


SARS Clarifies Rules On Employees Transport Benefit

by Lorys Charalambous,, Cyprus

Last updated 46 hours ago | Monday, March 27, 2017

South African Revenue Service has issued a Binding General Ruling clarifying the application of the no-value provision in relation to employer-provided transport.Read Full Story



South African Tax Agency To Be Probed Over Late Refunds

by Lorys Charalambous,, Cyprus

Tuesday, March 21, 2017

South Africa's Tax Ombud is to investigate the tax agency's processing of tax refunds.Read Full Story


SARS Seeks To Remove Davis From Key Tax Policy Committee

by Lorys Charalambous,, Cyprus

Monday, March 13, 2017

The South African Revenue Service has requested that Judge Dennis Davis be terminated as chair of the influential Davis Tax Committee.Read Full Story



Minerals Council: Australia's Tax System Is Uncompetitive

by Mary Swire,, Hong Kong

Friday, March 10, 2017

The Minerals Council of Australia has published a report it says confirms that the country's high company tax rate is damaging mining firms' ability to compete internationally for capital investment. Read Full Story


South Africa Issues Tax-Free Savings Amendments

by Lorys Charalambous,, Cyprus

Friday, March 3, 2017

The South African National Treasury has published final amendments to the overall regulations covering tax-free savings accounts for the year beginning March 1, 2017.Read Full Story