Tag Archivestax

After tax returns

Does tax really matter when making investment decisions?

Tax rates have been rising for several years now. Personal tax rates have gone up, and even structures such as trusts and companies are now heavily taxed in their own right. (more…)

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Behavioural economics can help revenue services drive tax compliance

An analysis issued today by PwC’s Strategy& economists suggests that revenue services can enhance corporate tax compliance by placing humans at the centre of taxation. This comes at a time when the tax administration in South Africa is under pressure to regain public trust and strengthen tax morality. (more…)

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Should you consider a testamentary trust?

The introduction of tax on interest-free loans to trusts has seen inter vivos trusts fall out of favour with a shift towards using testamentary trusts instead, according to Willie Fourie, Head of Estate and Trust Services at PSG Wealth. (more…)

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tertius troost

MTBPS: Take-outs from Mazars

Corporate Taxes: By Mike Teuchert, National Head of Taxation at Mazars Corporate tax revenue collections were R6 billion lower than what was estimated, which is a result of the technical recession and in line with the current GDP growth outlook. Investment in South Africa’s corporate sector also continues to be strained, which is also a […]

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What you need to know about proposed tax changes in the investment industry

By Denver Keswell, Senior Legal Advisor at Nedgroup Investments. Access to Preservation funds upon formal emigration The definition of a retirement annuity (RA) allows a member to withdraw their full benefit prior to reaching retirement – provided they have formally emigrated from South Africa and that emigration is recognized by the South African Reserve Bank […]

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Tim Mertens, the chairman of Sovereign Trust SA

Why you should inform SARS that you’re emigrating

A growing number of South African expatriates risk falling foul of local tax laws because they don’t understand the concept of financial emigration, and therefore don’t act on it. (more…)

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Don’t get caught short this tax season

With the tax season deadlines brought forward by a month this year, it’s time to get your supporting documents ready and to do your return, urges Allan Gray’s Carrie Furman, who answers your tax questions. (more…)

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Melissa Brink of Bravura

South African tax law and exchange control have different requirements

Melissa Brink, a Structured Solutions analyst at Bravura, an independent investment banking firm specialising in corporate finance and structured solutions, explains the importance of determining whether a natural person is a resident of South Africa. (more…)

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