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It is common practice for suppliers to deliver the goods that they supply at the premises of their customers on the customer's request.

The Appellant (KRA) initiated an audit on the Respondent (Sendy Limited), a digital platform connecting third-party transporters to customers. KRA raised a VAT assessment of Kshs 82,248,150.74 on Sendy's gross receipts...

Minister Pravin Gordhan’s Budget speech will likely focus on spending, says KPMG’s Cuma Limekaya

The principles to be applied in cases where cheques have been intercepted in the post and misappropriated by thieves have been summarised in previous case law, where it has been established that when a debtor tenders payment by cheque and the creditor accepts it, the payment remains conditional and is only finalised once the cheque is honoured.

In order to register as a Public Benefit Organisation ("PBO") with the South African Revenue Service ("SARS"), an organisation must comply with a number of provisions, set out in section 30 of the Income Tax Act No 58 of 1962 ("the Income Tax Act").

The aim of the corporate rules contained in Part III of the Income Tax Act, 58 of 1962 ("the Act") is to facilitate transactions between groups of companies or between companies and shareholders by ensuring that the transactions inherent in any restructuring occur on a tax neutral basis in South Africa.

SARS subsequently conducted an audit in 2013, four years after the tax invoice in question had been raised by Corevest.

This position adversely affects the property developer's cash flow, as the VAT payable as a result of the change in use is likely to significantly exceed the temporary rental income.

The penalty for such sin has come in the form of a sugar tax which will be introduced from 1 April 2017.

Alleged base erosion and profit shifting activities of multinational enterprises ("MNEs") have been a hot issue globally and therefore the chances of an MNE being confronted...

It is possible to overlook property transfer tax (PTT) especially when the transaction is taking place at holding company level. This is for the simple reason that historically PTT in Zambia...

The draft Tax Administration Laws Amendment Bill 2014 proposes a number of amendments to the Tax Administration Act No. 28 of 2011.

There are a number of considerations when relocating to another country that involve much more than a mere physical departure and the taking up of permanent residence in a foreign country.

The Taxation Laws Amendment Bill introduces a revised set of rules that will apply to debt restructuring transactions that occur during years of assessment that commence on or after 1 January 2018.

As a business owner, staying abreast of ever-changing tax regulations can feel like navigating a labyrinth. However, failing to comply with the South African Revenue Service (SARS)...

South African residents are taxed on their worldwide income. In particular, the Income Tax Act includes in "gross income" any amount received or accrued that is not of a capital nature.

The South African Revenue Service introduced a new streamlined process primarily geared towards the single registration of a taxpayer across applicable tax types.