*Coronavirus (COVID-19) regulatory measure

SARS has introduced tax relief for home owners who own their primary residence through a trust, CC or company.

This is a sure way of achieving the desired results.

Capital gains tax is imposed on any amount that a taxpayer becomes entitled to as a result of a disposal of an asset, whether this amount has been received in cash or not.

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

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.

If you own property in Johannesburg, it's important to act fast. The extended deadline of 5 May 2023 to object to municipal property valuations is quickly approaching.

This brief provides a synopsis of a recent tax judgement on residency, information on proposed amendments to the Income Tax Act; the Customs Control and Customs Duty Bills; and the Permanent Voluntary Disclosure Programme.

Instalment sale agreements offer flexibility in South African property transactions, but many purchasers misunderstand when transfer duty becomes payable. Under Section 20 of the Alienation of Land Act, transfer duty liability may arise at the date of agreement signature—long before ownership actually transfers—creating unexpected financial obligations that require careful legal and tax planning from the outset.

During the International Conference on Tax in Africa held in Abuja from 26 to 28 September 2017, the African Tax Administration Forum launched its "Toolkit for Transfer Pricing Risk Assessment...

National Treasury released the Draft Taxations Laws Amendment Bill, 2012 ("DTLAB") on 5 July 2012 for public comment.

On 29 September 2023, the African Tax Administration Forum ("ATAF") released its revised Suggested Approaches to Drafting Domestic Minimum Top-up Tax ("DMTT") Legislation in order to promote fair...

Individuals and special trusts.

In our previous article, we commented on the importance of an individual who ceases to be ordinarily resident in South Africa being able to substantiate factually a clear intention to leave South Africa permanently and thereby to "break" ordinary residency in South Africa.

In order to simplify tax legislation, reduce compliance costs, broaden the tax base and promote tax justice, the General Tax Administration (AGT) has announced its intention to replace...

The Securities Code Regulation (Regulation No. 6/16) (the "Regulation") was approved by the Council of Administration of the Capital Market Commission and gazetted on 7 June 2016.

The 2013 budget read by the Minister of Finance on 27th February 2013 contains relatively fewer tax proposals than prior years.

The honourable Minister of Finance, Nhlanhla Nene, read the 2015 budget to the National Assembly on 25 February 2015.

The African Tax Administration Forum published "The Approach to Drafting Domestic Minimum Top-Up Tax Legislation" on its website in April 2023.