VAT

Updated Covid-19 Relief Measures from SARS and National Treasury

As a result of the National Disaster and the lockdown necessitated by the pandemic, the Minister of Finance announced various tax adjustments to assist businesses in light of the negative impact on the South African economy.  On the 29th of  March 2020, the Minister of Finance announced the details of an initial set of measures …

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Directors Fees: Tax & Exchange Control Implications in the context of Global Operations

Tax Consequences Globalisation has created wonderful opportunities for businesses to expand their reach across the borders of various jurisdictions and increase their market share significantly. In addition, it has enabled many investors and companies to invest in operations beyond the jurisdictions in which they reside or are registered. Markets are no longer compartmentalised based on …

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