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 | 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...
by Sentinel | Apr 26, 2017 | Advisory Services, Uncategorized
The Minister of Finance established the Davis Tax Committee (DTC) in 2013 to inquire into the role of the tax system in the promotion of inclusive economic growth, employment creation, development and fiscal sustainability. In doing so, the committee will take into...
by Sentinel | Apr 26, 2017 | Advisory Services, Uncategorized
On the 22nd Minister Pravin Gordon announced his 2017/2018 Budget, and in short, he did what most of us expected – raised personal taxes. To provide more perspective to some of the key changes that we believe will affect you, please refer: With effect from 1...
