SARS lifestyle audits

SARS lifestyle audits

AUTHOR: STEVEN JONES When it comes to tracking down tax-dodgers, SARS has the tools, the people, and the will TAX EVASION and illicit financial flows are two areas that have long undermined economic growth in South Africa, and public trust in governance.  To counter...
The ‘Big Three’ tax worries (Part 2: Shares)

The ‘Big Three’ tax worries (Part 2: Shares)

AUTHOR: STEVEN JONES In the second part of this series, we focus on shares IF CLAIMING against our car allowances is the Number One thing that keeps us awake at night as taxpayers , then the fear of SARS lying in wait to lay their grubby paws on the slightest gain...
10 easy ways to save tax

10 easy ways to save tax

AUTHOR: STEVEN JONES No fancy schemes, loopholes, or expensive lawyers required—and it’s all perfectly legal PAYING TAX is a legal responsibility, but that doesn’t mean you can’t make the most of legal avenues to reduce your tax burden. Here are some of the easiest...
The ‘Big Three’ tax worries (Part 1: Cars)

The ‘Big Three’ tax worries (Part 1: Cars)

AUTHOR: STEVEN JONES There are three things that keep taxpayers awake at night.  One of them is cars. WHAT KEEPS taxpayers awake at night? Judging by the many questions that I’ve been asked as a tax practitioner over the years, there is a definite ‘Big Three’ when it...
Double Tax Agreements and pensions

Double Tax Agreements and pensions

AUTHOR: STEVEN JONES Paying tax once on your pension is bad enough.  Paying it twice is heartbreaking AS THE global workforce becomes increasingly mobile and retirees seek out international destinations for their golden years, the issue of cross-border taxation has...
Dissecting Budget 2.0

Dissecting Budget 2.0

AUTHORS: ALTHEA SOOBYAH, ELMIEN THERON, ETIENNE LOUW, and ROBIN GALLOWAY   VAT increase watered-down; not much else to get excited about   Overall impression ONE OF the biggest issues with the budget every year is that South Africa is not investing in...