This has been causing waves since SARS stated its intentions of making electronic services subject to VAT last year. Now the final regulations have been published and are effective from 1 April 2019. Of significance is the change in the definition of electronic...

“So much of what we call management consists in making it difficult for people to work” (Peter Drucker) In a recent interview of a prosecutor, he expressed surprise that most of the people charged with commercial crime were normal and honest. Yet in a recent survey of...

"If governments tax products like sugary drinks, they can reduce suffering and save  lives. They can also cut healthcare costs and increase revenues to invest in health services" (World Health Organisation). The Sugar Tax was introduced last April and has met with a...

There are only run-of-the-mill tax deadlines in April, but some interesting information emerged from the recently-released 2018 edition of SARS’ Tax Statistics - For the first time since the Global Financial Crisis the increase in tax revenue collected lagged behind...

by The PoPIA Team, Pétanque International While you, as a leader in your business, will be held accountable for ensuring that your business is PoPIA compliant, it requires efforts from your employees to to stay informed and updated on how to contain safeguard and...

There has been an anomaly in VAT law which new legislation has now largely resolved. The problem with the old position  It has always been simple to correct calculable errors in tax invoices, such as price. A VAT debit or credit note would fix such mistakes. However,...

Risk management has become increasingly popular in the past twenty years. It is also a corner stone of good governance. Despite this increased focus, businesses are still being blindsided by events which result in high costs being incurred. Potential problems and...

“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives...

How long will you work for the taxman today?   Input your salary into the 2019 Tax Clock calculator and find out how many hours you will spend today working for the taxman, and at what time precisely you will finally start working for yourself (warning – it’s not...

The following proposed tax changes were announced The following proposed tax changes were announced  Income tax rates are left unchanged. The primary rebate was marginally increased but the overall effect of this is that individuals will pay R12.8 billion more in tax...