(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Tax

Tax implications of closing down a business

Should all expenses a company incurs in limiting further losses by closing down be deductible for income tax? By Elizabeth Lombaard It is something that seems to be happening more and more these days – businesses starting up and then closing down. And, as a tax professional, I have been approached a number of times… Read More Tax implications of closing down a business

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Tax

The birth of tax legislation

By Tarryn Atkinson CA(SA) SARS is both the administrator and implementor of tax legislation in what can be a lengthy process. While many people anticipate and focus on the budget delivered in February each year by the incumbent Minister of Finance, the legislative process itself begins much earlier. National Treasury is the custodian of tax… Read More The birth of tax legislation

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Tax

The importance of Women in Tax

By Alex Burden Isobel d’Inverno, Head of Corporate Tax & Incentives at Brodies LLP, advises on corporate, real estate and funds tax. She details the importance of Women in Tax and the benefits the network can bring to the wider tax world. What is ‘Women in Tax’ and why is it important? Women in Tax… Read More The importance of Women in Tax

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Tax

The tax practitioner’s lien for outstanding debt

By Madelein Grobler Tax practitioners are required by law to provide their clients with access to their own individual eFiling profiles, and refusing to do so will not only have ethical consequences but also legal consequences As the 2019 tax year comes to an end on 28 February 2019, taxpayers may be scouting for a… Read More The tax practitioner’s lien for outstanding debt

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Tax

What do developing countries hope to achieve from implementing the AEOI?

By Dhanesh Mohanlal CA(SA) The South African Revenue Service (SARS), through the automatic exchange of information (AEOI), began exchanging tax information with the revenue authorities of over 50 jurisdictions in September 2017. This number has increased to over 100 in September 2018, and this number is set to grow further in the coming years. The… Read More What do developing countries hope to achieve from implementing the AEOI?

(c) Institute of Chartered Accountants in England and Wales. Contact ICAEW for permission to reproduce this article., Fintech, Tax

Digitalisation of tax: international perspectives (2019 edition)

Find out how digital technology been utilised by international tax administrators to reduce costs and improve compliance and tax yields, while crucially assessing the future challenges these economies face. In particular, in this updated 2019 version, we synthesises a holistic review of the processes of digitalisation: the needs of the different stakeholders, the tools and… Read More Digitalisation of tax: international perspectives (2019 edition)