February 27, 2018

Odometer Reading – Claiming travel deductions

They’re also part of your tax returns If you’re a taxpayer who claims a travel deduction for work, we remind you to record those odometer readings […]
February 9, 2018

Claiming VAT input on “pre-enterprise” expenditure

In terms of section 17 of the Value-Added Tax Act, 89 of 1991, a registered VAT vendor is entitled to claim back any amounts of VAT […]
February 9, 2018

Borrowing to purchase listed shares – 100% tax ineffective?

Where a person borrows money to purchase shares, the general rule would be that the interest paid on the funds borrowed to fund that acquisition would […]
February 9, 2018

Income tax recoupments

In the ordinary course of business, assets used by taxpayers to conduct their trade are often written down over a number of years in the form […]
February 9, 2018

CGT exit charge

In terms of section 1 of the Income Tax Act[1] a natural person will be a “resident” for tax purposes if that person is ordinarily resident […]