A window of opportunity will open later this year for taxpayers to regularise their offshore affairs.
To add insult to injury, income tax awaits the majority of those left to deal with losing their capital in dodgy schemes.
Crime doesn't pay - especially when it comes to tax.
Taxation can be regarded in some ways as 'financial conscription' in that citizens of a country are required by law to make financial contributions towards the mechanisms of state.
Currency losses may be aggravated by certain tax consequences.
Certainty for this specific taxpayer highlights the general uncertainty around converting loans into capital.
The sluggish uptake of an attractive venture capital tax incentive for investments in small businesses has once again forced National Treasury back to the legislative table.
The following question was received from a reader concerning the requirement to submit an income tax return.