Tax Archives - Nwanda Incorporated

20 November

Mastering Record Keeping: How to Meet SARS’s Electronic Documentation Standards

Too often, taxpayers seem to forget that the most important aspect of dealing with SARS is to ensure that they can discharge their burden of proof. […]

23 October

VAT on Short-Term Lettings and Commissions

Are you acting as agent or principal—and what would be the pragmatic approach? There are very few people across the world who haven’t heard of Airbnb. […]

20 May

The Tax Treatment of Relocation Expenses

Transferring staff? There are tax implications for them … and for you! If your business has branches in different locations, one of the best ways of […]

31 January

Beware of tax-related scams

Over the past five years, the SAFPS has seen a steady increase in the number of tax-related scams. Improved efficiency To improve efficiency when it comes […]

12 July

Navigating the Updated Assessed Losses Landscape in South Africa

Navigating tax regulations is a crucial part of any business’s financial planning. Recent changes to South Africa’s assessed losses tax limitations and corporate income tax rates […]

26 April

Don’t suffer the tax consequences of waived debt

Many natural persons or trust shareholders in companies are confronted with the unintended tax consequences of owing an amount on a loan account to the company […]

2 November

Are your tax practices paying dividends?

Although there are several exclusions to the general rule, South Africa applies a withholding tax on dividends declared by companies at a rate of 20%. It […]

12 May

Tax residency and deemed disposals

In 2001, South Africa, like many other countries, introduced capital gains tax aimed at levying capital gains tax on the gain made from the disposal of certain assets. […]

12 May

Insuring your tax obligations

In addition to tax liabilities (tax capital amounts), taxpayers are also subject to an array of penalties and interests in respect of late payments, understatements, specific punitive […]