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On 19 September 2016, the National Assembly adopted the Amending Budget Law 2016.

South Africa's transition from JIBAR to ZARONIA introduces Credit Adjustment Spreads (CAS) to preserve loan economics, but what happens when parties negotiate their own spread instead of using the official rate? The draft finance bill empowers SARB to set mandatory CAS values, yet leaves critical tax questions unanswered for those who deviate from the prescribed methodology.

It is common knowledge that investing in a South African prospecting or mining company is a long term, capital intensive and risky investment. It is common knowledge that investing in a South African prospecting or mining company is a long term, capital intensive and risky investment. Potential investors seek not only security over the assets but also an attractive return on investment.

The long-awaited Real Estate Investment Trust ("REIT") tax proposals have been introduced as part of the recent Draft Taxation Laws Amendment Bill.

The Supreme Court of Appeal ("SCA") delivered two important value-added tax ("VAT") judgments recently.

On 26 May 2020, the Uganda Tax Appeals Tribunal in the case of ATC Uganda Limited vs Uganda Revenue Authority ruled on when an obligation for withholding tax arises and when an amount is deemed to be "paid".

A number of amendments proposed by the National Treasury are, if implemented in their current form, likely to significantly impact on trust structures.

Finance Minister Mboweni gave his Medium Term Budget Policy Statement (MTBPS) on 30 October 2019. "Rather than giving taxpayers the comfort that was sought

In an increasingly globalised economy, many South Africans are exploring offshore investments as a way to diversify their portfolios and mitigate local economic risks

Currently, if an importer applied for and is accepted into the SARS deferment scheme, the payment of import duty and import Vat may be deferred or suspended for up to 30 days.

You have finally identified your dream home and want to put pen to paper and sign the sale agreement. Thereafter you will probably approach a bank for a loan to secure the purchase price or part thereof.

South Africa's 2026 Budget marks a significant step forward in the regulation of crypto assets, particularly in relation to cross-border capital flows.

The tax is to be paid on the market value of the assets owned year on year, whether or not such assets yield any income or differently put, it is typically a tax on unrealised income.

South Africa’s research and development incentive is contained in section 11D of the Income Tax Act, No 58 of 1962, and was introduced with effect from November 2006.

A recent article authored by senior officials at National Treasury and the South African Revenue Service ("SARS") records that tax advisors who service large business have mounted an unqualified offensive against the legislative introduction of annual tax amendments.

The Carbon tax also contributes towards South Africa meeting its climate change commitments under the Paris Agreement.

The window period for South African residents to regularise their unauthorised foreign assets under the Special Voluntary Disclosure Programme ("SVDP") closes on 31 August 2017.