by Sentinel | Feb 6, 2018 | Advisory Services
The Special Voluntary Disclosure Programme (SVDP) ended on 31st August 2017. New global standard for the automatic exchange of information (Common Reporting Standards or CRS ) between tax authorities of different countries will provide South African Revenue Services...
by Sentinel | Feb 5, 2018 | Advisory Services
On the 4th December 2017, the Office of the Chief Master of The High Court issued a directive advising a substantial increase in “Masters Fees”. It must be noted, that the Masters fees were last set in 1986. “Masters fees” is an administration cost paid to the Master...
by Sentinel | Feb 4, 2018 | Advisory Services, Uncategorized
We are sure that this got your attention!!! In terms of Section 18(A) any donation to a Public Benefit Organisation is tax deductible up to 10% of your annual income. Think of it in this light, as a tax payer, rather than paying the funds to the fiscus – the funds are...
by Sentinel | Feb 3, 2018 | Uncategorized
We are pleased to introduce the following new staff members to the Sentinel Team:- Lizanne Menz Lizanne joined our Sentinel Team in the Cape Town office as a Tax and Compliance Officer. She obtained her BACCLLB at the University of Stellenbosch in 2013. Jacques van...
by Sentinel | Apr 26, 2017 | Advisory Services, Uncategorized
It is being proposed that the tax rules relating to Section 12J Venture Capital Company investments. Section 12J Company’s allows a taxpayer to deduct the cost of his investment into a section 12J approved investment company for income tax purposes, and, provided this...