Tax hunter wants its cut of the offshore windfall from online sales, as net closes on global giants.
The auction by Sars of Julius Malema’s half-finished mansion in Sandown, a suburb in Johannesburg’s deep north, goes like any other auction.
Expelled ANC Youth League president Julius Malema’s half-built Sandown mansion will go under the hammer on Thursday.
Despite three arrests and five suspensions, officials and the family at the centre of the controversy have escaped any blame for the wedding fiasco.
Multinationals based in SA – particularly in the mining, automotive, pharmaceutical and finance sectors – will need to pay special attention to taxes.
Efficient tax collection, cutbacks and underspending in government may bring down the fiscal deficit to about 5% of gross domestic product.
A retired judge will be appointed to probe allegation of impropriety involving Sars commissioner Oupa Magashula, says Finance Minister Pravin Gordhan.
Sars says a tape recording in which its commissioner appears to offer a job to an associate of a convicted drug dealer reveals nothing scandalous.
The South African Revenue Service (Sars) has filed papers in the North Gauteng High Court to have Julius Malema sequestrated.
A three-car juggernaut of investigations is steaming down on Julius Malema, and he has lined up a powerful defence team as they approach final stages.
Cosatu is planning a nationwide strike to demand a radical economic shift on monetary policy and a review of the mandate of the SA Reserve Bank.
The local aviation industry is in uproar over a new tax that will have far-reaching effects on revenue and employment for the entire supply chain.
The new SA, was founded on the basis that those who had benefited from privilege in the past would pay to fund the reconstruction of the country.
The taxman is cracking down on noncompliance, but he may be in for a long wait with regard to the money wealthy individuals allegedly owe.
Experts say the promulgation of the Tax Administration Bill is set to have serious and significant ramifications for taxpayers.
A former business associate of Julius Malema, Lesiba Gwangwa is asking the courts to stop a probe into the expelled ANCYL leader’s financial affairs.
Reserve Bank director Stephen Goodson has tendered his resignation less than three months before his term on the board would have ended.
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/ 10 February 2012
The South African Revenue Service (SARS) was recently recognised with four Public Sector Excellence awards.
South Africa’s tax structure leaves smaller companies dangerously out of pocket, they say.
Sars has commenced audits and investigations of 180 high net-worth individuals with another 30 to be pursued in this current financial year.
Investigations by the Hawks, the public protector and Sars into "Malema Inc" may be in their infancy but reports suggest he should be worried.
Despite an increase in revenue collection, business income tax remains weak.
South African tyre-makers, which recently lost an anti-dumping case regarding the flood of cheap Chinese imports, have warned of a blowout.
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/ 20 September 2011
The SA Revenue Service has received more than two million returns since the tax season began on July 1, a 16% increase on last year’s figures.
The number of people who access credit is much higher than the job statistics warrant. Why?
No one in KwaZulu-Natal knows how to flaunt it quite like Sibusiso and Shawn Mpisane.
At least R2-billion was being lost to the fiscus each year because of the abuse of Section 45 of the Income Tax Act, says Sars.
Here are the top five questions that the Sars call centre receives — along with the answers.
From April 11 2011, all VAT submissions must be made on the new VAT201 form. Here’s the lowdown from Sars.
Everyone will be taxed on the same basis in future, which means pensioners will lose their tax rebates.
If you’re claiming a travel allowance, take your odometer reading today.
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/ 14 February 2011
The SA Institute of Chartered Accountants is calling for amendments to provisional tax legislation because some taxpayers end up paying too much.