Deur Nico van Gijsen 22 Augustus 2016 Die dae van die deurvloeibeginsel misbruik om belastingverpligtinge te verminder is verby. Neem dus kennis van die voorgestelde artikel 7C. Ek waarsku al lank in hierdie rubriek teen die misbruik van trusts om belastingspeletjies te speel. Die wysigingswetsontwerp op belastingwette (2016) wat pas die lig gesien het, gaanRead more about Nuwe wet teen taksmisbruik met trusts[…]
Many taxpayers file their tax returns on an annual basis unaware thereof that they may be regarded as provisional taxpayers in terms of the Income Tax Act, 58 of 1962, too. In its simplest form, provisional tax exists to provide for regular cash flows to the fiscus throughout the year. In this sense it existsRead more about Registering for provisional tax[…]
The latest round of legislative amendments proposed by National Treasury and released for public comment on 8 July 2016 contains a welcome concession for taxpayers looking to invest into approved venture capital companies. Briefly, investors investing into qualifying venture capital companies (or “VCC’s” as they are often referred to) qualify for an income tax deductionRead more about Proposed tax amendments for venture capital investments[…]
National Treasury releases proposed amendments to tax legislation on an annual basis. Some of the most important of these are already foreshadowed when the Minister of Finance delivers his budget speech in Parliament. The proposals made in that Budget Review are then formalised into proposed draft tax legislative amendments in the form of the DraftRead more about New proposed tax amendments[…]