Here are a few tips to get through tax filing time with as little stress and heartache as possible.
Court rules that SARS cannot summarily revoke a tax clearance certificate that has been issued.
When famous inventor Isaac Newton devised his third law of motion, i.e. that for every action there is an equal and opposite action, he could well have had SARS in mind.
The claiming of input VAT hinges on whether the expense is related to the making of taxable supplies by the enterprise.
There's the costs - and, of course, there's the tax issues..
Who qualifies for what..
On 29 May 2012, SARS reissued its guide to the disposal of a residence from a company or trust.
What happens when the beneficiaries of a trust grow up and start earning? Does the trust combat the potential large tax charges the beneficiaries will be liable for? Also, what costs are involved in setting-up and running a trust?