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

Turning tales of perception into facts of reality

By Madelein Grobler Many tax practitioners and members in business (MIB) can tell a tale around their struggles around South African Revenue (SARS) Service passing unexplained journal entries on the statement of accounts for many years. SAICA has also taken part in this tale, continuously raising the concern during SARS engagements − since April 2015!… Read More Turning tales of perception into facts of reality

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

The Reality of Intra-group Financial Assistance

By Cicelia Potgieter While Doris Lessing, British novelist, poet and playwright, had the luxury of believing that “borrowing is not much better than begging and lending with interest is not much better than stealing”, South African taxpayers in multinational groups have to contend with the reality of intra-group financial assistance. Since 2011, there have been… Read More The Reality of Intra-group Financial Assistance

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

WHEN NON-RESIDENTS PURCHASE REAL ESTATE IN SOUTH AFRICA

By Kent Karro Meticulous paper work and the right legal is required to meet tax requirements Many non-resident private individuals (and entities) have acquired real estate in South Africa as holiday homes or investments, or both. There are currently no restrictions on the purchase of real estate by non-residents, but important income tax and exchange… Read More WHEN NON-RESIDENTS PURCHASE REAL ESTATE IN SOUTH AFRICA