March 29, 2018

VAT increase and accounting systems

As you are aware, the National Treasury announced an increase in Value Added Tax (VAT) from 14% to 15% effective 1 April 2018. We urge you […]
March 23, 2018

The taxation of employee incentive schemes

It has become popular commercial practice for many employers to design employment incentive schemes whereby employees are remunerated for services rendered over a period of time […]
March 23, 2018

Tax consultancy services: A fringe benefit?

A recent judgment of the Tax Court sitting in Pretoria[1] highlighted yet again the very broad nature of the employment fringe benefit regime governed by the […]
March 23, 2018

Additional medical expenses tax credit

Section 6B of the Income Tax Act[1] provides for an additional medical expenses tax credit (“AMTC”) which is calculated against qualifying “out of pocket” medical expenses. […]
March 23, 2018

Withdrawal of VAT relief for residential property developers

Section 18B of the Value-Added Tax Act[1] was introduced effective 10 January 2012 in a bid to grant relief for residential property developers caused by the […]
March 15, 2018

Dieseleise

Foute word dikwels begaan ten opsigte van dieseleise. Hieronder volg ’n paar kernpunte om ingedagte te hou in verband hiermee: Diesel mag vir die BTW-periode net […]
March 7, 2018

Drought in the Berg River Dam

The Berg River Dam is one of the Western Cape’s major dams and is currently (published on 22 January 2018 by the City of Cape Town) […]