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News - 2023-06-01
Tax incentives for solar panels and renewable energy projects
On 21 April 2023, the National Treasury and SARS published the initial batch of draft legislation (Taxation Laws Amendment Bill) to give effect to the two renewable energy tax incentives, which were announced in the 2023 Budget.
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News - 2023-06-01
Key changes to the dispute resolution rules
Since the introduction of the Tax Administration Act (hereafter “TAA”) in 2011, the Dispute Resolution Rules have been very strictly applied by the South African Revenue Service (hereafter “SARS”).
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News - 2023-06-01
Commissioner for the South African Revenue Service
On 18 June 2017, Medtronic International Trading (“the Taxpayer”) concluded a Voluntary Disclosure Programme (“VDP”) with the South African Revenue Services (“SARS”) as the result of fraudulent transactions of a former employee.
Read moreNews - 2022-09-30
PKF Tax Newsletter
It is no secret that revenue authorities take a keen interest in the unexplained wealth of individuals.
In some instances, for example, where wealth is prominently displayed on social media, it may be relatively easy for the South African Revenue Service (“SARS”) to gather information...
Read moreNews - 2022-09-05
PKF Tax Newsletter
Welcome to the August addition of the PKF South Africa Tax Newsletter covering Provisional Tax payment, information on SARS audits, Key man insurance policy tax and Limitation on use of assessed losses
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