n Tax Breaks Newsletter - There could be dire implications for employees : small business tax amnesty

Volume 2006, Issue 248
  • ISSN :



Extracted from text ... SMALL BUSINESS TAX AMNESTY There could be dire implications for employees By KATHY THERSBY Contributing editors and consultants: tax law at Edward Nathan) ?? Barry Fletcher (international tax planner) of legal services at Discovery Life) ?? Kathy Thersby (editor) AS IS OFTEN the case with seemingly generous offers from the SA Revenue Service, it is more important that one focus on what's not included than what is. This is certainly the situation with SARS's latest olive branch to defaulting taxpayers - the Small Business Tax Amnesty. Justin Liebenberg, Johannesburg tax partner at Grant Thornton, warns that applicants for the Small ..

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