Tax Advice

tax-advice
In these uncertain times, it can pay to get involved in alternative investments. In fact, these have a number of advantages over stocks and shares.

When losses are not deductible

Stock in trade is the lifeblood of a business. When stock is lost, or destroyed, the loss normally gives rise to a tax deduction. But this is not always the...
Two aspects of the Carbon Tax Bill to be implemented in South Africa in 2019 should be of interest to farmers.
If you have set up a trust, make sure you put it to good use to maximise the value of its assets.
If you structure your business creatively, you’ll be able to save many thousands of rands in tax. Here are some simple, practical ways to do this.
To limit tax/estate duty advantages, relevant legislature focuses on the method used to place assets into the trust, rather than on the trust itself.
In South African legal parlance, fixed property is made up of two elements: the outright ownership of the property, and the right of use or enjoyment of it.
No one can disagree that a lack of proper estate planning could result in major reversals for a family business.
High taxes can be self-defeating for a government seeking additional revenue.
Libertarians have some interesting theories about taxation, and it all starts with the non-aggression principle.
Years ago, tax benefits were good reasons to purchase life insurance. Is this still true?

The erosion of tax rights

A recent ruling opened the door for SARS to enforce amendments to the Income Tax Act retrospectively.

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