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Tag Archives: Taxpayers
You and Budget 2018: The New Tables
For ease of reference please find below – The new tax tables for individuals and trusts (with notes). The new tax tables for Small Business Corporations. NEW INCOME TAX TABLES 2018/19 (INDIVIDUALS & SPECIAL TRUSTS) Taxable Income Tax R0 … Continue reading
Taxpayers: Good News in the Season of Good Cheer?
There are no important tax deadlines for December, so let’s look at some potentially great news for taxpayers. Could the “pay now, argue later” principle be repealed? The Davis Tax Committee (DTC) has recommended that taxpayers be given a Taxpayer … Continue reading
The Special Voluntary Disclosure Programme Begins – What’s Changed?
We recently discussed the Special VDP which lets non-compliant taxpayers voluntarily disclose offshore assets and income in order to regularise both their tax and exchange control affairs. As promised, here is an update for you on current changes to the … Continue reading
Are you struggling to get your tax refund?
There is a feeling that taxpayers are getting fed up over the amount of tax they have to pay. Add to this the adverse publicity SARS has received as one of the focal points of the current political struggles and … Continue reading
Could we be headed for a tax revolt?
“The greater the level of corruption, the less we will have tax integrity and the greater the possibility of a tax revolt” (Judge Davis, Chairperson of the Davis Tax Committee) There is no doubt the mood in the country has … Continue reading
The Tax Ombud is on your side!
The Tax Ombud’s Office came into effect in the second half of 2013. Recently the Ombud’s first full year annual report was released. What is the role of the Ombud? The Ombud deals with service problems and administrative and procedural … Continue reading