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tax legislationlatest news & developments

Simplifying tax laws will make it easier for citizens to comply

And the South African Revenue Service will benefit from higher levels of compliance by taxpayers

A cargo of Scotch whiskey valued at more than eighteen thousand dollars is destroyed by federal prohibition agents in Los Angeles in 1928. (Photo by Camerique/Getty Images)

Unintended consequences of tax legislation

Tax laws can be a major factor in giving rise to black markets in order to evade the taxes

Tax law changes are designed to harmonise retirement blues

Newly-implemented tax laws are aimed at encouraging the type of saving that will provide stability to South Africans in their twilight years.

G20 must tackle new tax deal for developing countries

When the world’s leaders meet at the next G20 Summit, they’ll arrive with one issue already agreed: the need to re-write international tax rules.

Rising US interest rates are not only eroding Americans’ real earnings but the ripple effects are hitting the Global South hard. (Thomas Mukoya, Reuters)

No winners in the race to the bottom

Zero corporate tax rates and expensive incentives are not worth the investments they attract, writes Roman Grynberg.

Not much for the little guy to celebrate

Some small businesses are likely to benefit from minor tax tweaks but there is no relief on the jobs front.

How green is our budget?

Faranaaz Parker looks at where Trevor Manuel’s plan hits and misses the mark when it comes to environmental reform.

Draft tax law has pitfalls

On paper the new tax system looks promising, but you need to consider your options carefully.