Tax Advice

The decisions of the Constitutional Court may not always favour those who want their assets kept from the clutches of the government.

A recent High Court ruling affirms that a ‘letter of warning’ constitutes ‘sufficient notice’ of an intent to obtain a civil judgement against a taxpayer.

Several options are available to those who wish to farm in their retirement, and planning is essential.

A recent case reminds us not to overlook the power of Double Tax Avoidance Agreements between countries.

The equation is simple: less tax + less red tape = higher profits = more jobs. Unfortunately, in South Africa, the opposite seems to be the norm.

A dispute between the Red Cross and SARS shows that a judge will invariably interpret a law in terms of what the legislators sought to achieve.

If you cannot produce strong evidence and cogent arguments for your allegations, the chances are that you will lose any court battle against SARS.

This section provides for certain deductions in respect of technological research and development.

The other penalties aside, is misappropriation of VAT theft in the same way as stealing a car or television set is? SARS would like you to think so.

In this week’s case, key issues relating to income tax are highlighted, even though the crux of the matter remains unresolved.

Can you fix other issues if SARS decides on a reassessment of tax returns?

Taxpayers are entitled to know when SARS is finished with its assessments and re-assessments.