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Controversial tax proposal on retirement savings withdrawn
When an individual ceases to be a South African tax resident prior to retirement from a South African retirement fund and becomes tax resident of

Does it matter in which country you set up shop?
Many people who own business face a frustrating fate every year when the tax man comes a-knocking, as a large portion of their profit is taxed by

Explained: Dividends according to the Income Tax Act
Although there are several exclusions to the general rule, South Africa applies a withholding tax on dividends declared by companies at a rate of 20%.

The seven questions that could make or break your contracts
Your business success relies on your interaction with clients/customers and other businesses. Your profit is directly proportional to the behaviour of these external role-players. Dealing with individual clients/customers does

Barter transactions: What is the tax cost of my asset?
Barter transactions are commonplace in today’s commercial environment. Parties exchange goods or services without a cash transaction underpinning it. The question is, “What happens when I sell the

Employee share schemes: Spur restaurants suffer a blow
In October 2021, the Supreme Court of Appeal (SCA) handed down judgment upholding the Commissioner for the South African Revenue Service’s appeal against an earlier
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