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    ImageTitle/DescriptionArticle Date 
     

    Important changes to section 23M of the ITA

    The Taxation Laws Amendment Bill (TLAB), tabled in parliament on 22 October 2014, contains welcome changes to the provisions of section 23M of the Income Tax Act (ITA), due to come into operation on 1 January 2015.
    Modified date: 2015/07/30
    Regulatory update
     

    Recent SARS Audit initiative

    SARS has implemented a new initiative concerning employees’ tax audits, aimed specifically at travel allowances, the employees’ tax treatment of remuneration paid to expatriate employees and employee share incentive schemes.
    Modified date: 2015/06/04
    Business and industry issue
     

    The tax benefits of 'Going Green' – Part 1: Certified emission reductions

    With the Copenhagen summit less than a year in the past, there is an increased focus on the effects of climate change, reduction of our carbon footprint and use of renewable energy sources.
    Modified date: 2015/04/20
    Business and industry issue
     

    The tax benefits of 'Going Green' – Part 2: Energy efficiency savings

    The more energy you save, the less tax you pay. Or, at least, that is the idea with the proposed section 12L insertion into the South African Income Tax Act.
    Modified date: 2013/05/14
    Business and industry issue
     

    KPMG Budget Tax Card - 2011/2012

    An easy-to-read pocket reference guide following the Budget Speech by Minister Pravin Gordhan.
    Modified date: 2013/05/14
    Business and industry issue
     

    Partnerships, permanent establishments and the problem of double taxation

    If a taxpayer of Country A earns income in Country B, which country has the right to tax it? Is it Country A or Country B?
    Modified date: 2013/05/14
    Business and industry issue
     

    Employee Share Schemes: Beware of the changes

    SARS seeks to make changes to one of the most complex areas in our tax dispensation, being the taxation of benefits obtained in terms of employee share schemes.
    Modified date: 2011/10/27
    Regulatory update
     

    Islamic banking in Africa and related tax issues

    There is a large Muslim population in Africa, yet people remain unbanked for religious reasons. There is a demand for products that are compliant with Shari’ah (Islamic law).
    Modified date: 2011/09/29
    Business and industry issue
     

    Net interest (or interest factor) to vary the VAT standard method of apportionment in South Africa

    In South Africa, the only pre-approved VAT apportionment method is the standard turnover method. As the standard method may not be equitable, a vendor may apply for an alternative method.
    Modified date: 2011/09/29
    Business and industry issue