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Wednesday, June 26, 2019






This ‘small’ tax change will hit South African cryptocurrencies hard

South African innovators hoping to position the country as a hub for fintech innovation are bound to be disappointed by a seemingly small tax law change that National Treasury and the...

What your tax bill could look like next year

No changes to personal income tax, VAT and corporate tax rates expected. National Treasury does not expect that personal or corporate tax rates or VAT will be increased over the...

SA could face another VAT increase, say experts

South Africans should brace themselves for the possibility of another VAT hike as Sars struggle to raise enough tax. Senior tax consultant Bernard Sacks told The Weekend Argus that while we will...

EFF to introduce private bill to combat ‘aggressive tax avoidance’ by multinationals

The EFF is working on a private member's bill that it says will eliminate legal loopholes and grey areas that allow multinational corporations to avoid paying billions in tax.  This...

Consultancy firm ban relieves partner of duties, to set aside SARS fees

PRETORIA - Consultancy firm Bain and Company which carried out the disastrous restructuring at the South African Revenue Service (Sars)has relieved its managing partner of his duties and committed to paying back...


Dam levels pass the 50% mark

Locals are rejoicing as the weekend of rain finally pushed the overall dam levels for Cape Town back over the 50% mark. As of June...


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