South Africa Tightens Crypto Tax Regulations in 2024. The South African Revenue Service (SARS) is intensifying its efforts to ensure tax compliance in the rapidly expanding cryptocurrency sector. It alerts traders to…
Category: Southern Africa
South African Court Slams SARS for Aggressive Tax Practices in Recent Ruling
South African Court Slams SARS for Aggressive Tax Practices in Recent Ruling. The South Gauteng High Court’s recent decision in favour of TALT against the South African Revenue Service (SARS) has highlighted…
South Africa to Enforce VAT on Low-Value E-Commerce Imports
South Africa to Enforce VAT on Low-Value E-Commerce Imports. South Africa’s tax authority has announced that importers of low-value parcels destined for the country will soon be required to pay value-added tax…
South Africa Plans Major VAT Changes to Ease Financial Pressure on Households
South Africa Plans Major VAT Changes. President Cyril Ramaphosa has unveiled a significant plan to expand the list of food items exempt from value-added tax (VAT) in an effort to alleviate the…
South Africa Warns Taxpayers of Cybercriminals
South Africa Warns Taxpayers of Cybercriminals. Taxpayers are urged to stay watchful as cyber crimes about tax activities continue to rise. As the South African Revenue Service (SARS) announces 15 July 2024…
South Africa Launches New Whatsapp Channel Where Taxpayers Can Get Tax Info
South Africa Launches New Whatsapp Channel Where Taxpayers Can Get Tax Info. As part of efforts to fulfil its promise to embrace modern technologies to make tax compliance easier for taxpayers, the…
South Africa Imposes 10% Tax on Solar
South Africa imposes 10% tax on solar. The Minister of Finance Enoch Godongwana recently announced a 10% import tax on solar panels. Amid a significant rise in the use of solar in…
Zimbabwe Working to Scrap Tax on Assistive Technology
Zimbabwe Working To Scrap Tax On Assistive Technology. Efforts are being made to scrap the tax on assistive technology to make life easier for people with one disability or the other. Finance,…
See New Conditions Around Taxes Related to Work-From-Home in South Africa
See New Conditions Around Taxes Related to Work-From-Home in South Africa. The Department of Home Affairs recently reintroduced reformation to immigration laws, effecting numerous changes on visas and vital skills. An example…
Carbon Taxes Can Cut Exports in South Africa by 10%-SA Reserve Bank
Carbon Taxes in South Africa are making a buzz as the South Africa Reserve Bank has warned the country that if the government goes on to implement the tax, economic growth could…