Tax updates across Africa, simplified
South Africans may soon face another financial strain as Deloitte experts predict an increase in fuel taxes, potentially adding to the mounting cost pressures on consumers. Momohlwa Mohlola, Associate Director …
Deloitte Warns of Imminent Fuel Tax Hike in South Africa Read More
The South African rand weakened on Thursday as investors turned their focus to President Cyril Ramaphosa’s annual State of the Nation Address (SONA) for insights into the country’s economic and …
South African Rand Weakens as Markets Await Ramaphosa’s Economic Address Read More
South Africa is witnessing a rising trend of high-net-worth individuals opting to cease their tax residency. This shift is driven by better investment opportunities, higher income potential, and improved lifestyle …
Wealthy South Africans Relinquish Tax Residency Read More
South Africa Enacts Global Minimum Tax Law: Multinationals to File First Returns in 2026 In a landmark move to curb tax avoidance and ensure fair competition, South Africa has enacted …
South Africa Enacts Global Minimum Tax Law Read More
South Africa Adopts Global Minimum Tax Law. In a groundbreaking effort to combat tax evasion and ensure equitable taxation among multinational corporations, South Africa has officially enacted the Global Minimum …
South Africa Adopts Global Minimum Tax Law Read More
The issue of waiving Value Added Tax VAT from chicken in South Africa has made it to the limelight with advocacies from concerned stakeholders and taxpayers. At the forefront of …
A Call to Waive VAT from Chicken in South Africa Read MoreA report from the South Africa Revenue Service, SARS is showing that South Africa lost over 6,000 taxpayers in 2022 alone due to emigration to other countries. SARS have also …
South Africa Lost Over 6,000 Taxpayers In 2022 Read More
The major stakeholder in the industry rejects a proposed 63.33% and 68.33%. excise duty from the previous 38.33% The Automobile Association has blatantly condemned a regime of South Africa Tyre …
South Africa Tyre Tax: Automobile Association Condemns New Tax Read MoreProponents of tax harmonization in the alcoholic industry envisage that it would make economic activities more seamless. The Beer Association of South Africa has implored the government to ensure tax …
Beer Association of South Africa pushes for Tax Harmonization Read MoreOn the 8th of July, 2022, a VAT Domestic Reverse Charge (DRC) on valuable metal was introduced in South Africa A VAT Domestic Reverse Charge (DRC) on valuable metal has …
Domestic Reverse Charge in South Africa: All You Need to Know Read More