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Below, please find issue 75 of ENSafrica's tax in brief, a snapshot of the latest tax developments in South Africa.

The taxation of gains realised by directors and employees has hitherto been governed by the provisions of s8A of the Income Tax Act, 1962 ("the Act"). That situation will change upon the promulgation of the Revenue Laws Amendment Bill, 2004 ("the Bill"), which it is thought is shortly to be promulgated.

Most property transactions follow a familiar script where a purchaser pays a purchase price, transfer duty may be triggered, and capital gains tax (CGT) is assessed at the point of disposal

The relationship between an employer and an employee differs significantly from that of an employer and an independent contractor, both legally and financially.

Below, please find issue 123 of ENS' tax in brief, a snapshot of the latest tax developments in South Africa.

A discussion on the scope of the new confidentiality provisions contained in the Tax Administration Act 28 of 2011 and how such provisions differ from the "Preservation of Secrecy" provisions previously contained in section 4 of the Income Tax Act 58 of 1962.

I have often wondered whether the South African Revenue Service (SARS) officials thoroughly review the submitted logbooks when taxpayers claim for travel expenses incurred...

This Article is a follow on from the earlier article (Part 1) setting out some of the key considerations which need to be considered in the context of management services...

The Botswana/Isle of Man Exchange of Information Agreement (2013) entered into force on 5 March 2016 and generally applies from 5 March 2016.

AFRICA: African Tax Administration Forum publishes COVID-19 Pandemic Tax Administration and Policy Developments Guide

Below, please find issue 122 of ENS' tax in brief, a snapshot of the latest tax developments in South Africa.

This article briefly examines the benefits of the Special VDP and why potential applicants should begin preparing to submit their application in anticipation of the 1 October 2016 commencement date.

Loans between companies and their shareholders, or other group companies are a common method of providing finance in the South African corporate environment.

I have often wondered whether the South African Revenue Service (SARS) officials thoroughly review the submitted logbooks when taxpayers claim for travel expenses incurred as a result of business travel ...

The taxation of gains realised by directors and employees under share incentive schemes was previously governed by the provisions of s8A of the Income Tax Act, 1962 ("the Act"). That situation has changed with the introduction of the Revenue Laws Amendment Act 32/2004 ("the Amending Act") which was promulgated on 24 January 2005. The Amending Act contains far-reaching changes to the old regime.

At issue in Unitrans Holdings Limited v The Commissioner for the South African Revenue Service was the tax deductibility, in terms of section 24J (2) of the Income Tax Act, No. 58 of 1962...

The South African private equity industry is well established and, by emerging market standards, is relatively sophisticated.