The million-dollar question on everybody’s lips, is whether a sponsor may deduct its sponsorship expenditure as an advertising expenditure in terms of section 11 of the Income Tax Act 58 of 1962. This is quite an open debate within a grey area of our law. Read more for an update on this topic.

Hierdie artikel handel oor die wegval van die vergunning van die 183-dae reël waar in gevolge Suid-Afrikaners wat oorsee werk en woon, se buitelandse inkomste vrygestel word van inkomstebelasting indien hulle vir 183 dae (waarvan 60 dae aaneenlopend moet wees) in die betrokke oorsese land fisies teenwoordig was. Bykomend, brei die artikel ook uit op finansiële emigrasie as ‘n moontlike oplossing tot die wegval van die 183 dae reël.

This article serves to enlighten the reader about the relocation of an employee to a new place of residence for employment purposes and identifies which expenses will be exempt from tax, if paid for by an employer.

A subsistence allowance is an allowance given to an employee in respect of incidental costs incurred when away from home for at least one night (sunset to sunrise) on company business. Do you also travel for work-related purposes?

This article serves as a summary of the main amendments to the tax legislation in Namibia expected to be implemented in 2019, as proposed during the 2018/2019 Budget Statement, earlier this year.

Hierdie artikel sluit aan by Oktober se inleidende artikel van “transfer pricing” en dien as ‘n opsomming van drie van Suid-Afrika se belangrikste reëls in hierdie verband, soos ingevolge die Inkomstebelastingwet 58 van 1962.

Hierdie artikel is ‘n inleidende opsomming om meer insig oor die konsep van “Transfer Pricing” te bied. Sekere reëls is ingestel om die verlies van inkomste te voorkom. Suid-Afrika erken ook die reëls.

When you do not have the appropriate / valid documentation at the time of completing a VAT201 return you may not, according to the VAT Act, claim the input tax in that specific tax period.

Die vergoedende reistoelaag verwys na ‘n terugbetaling wat deur werknemers ontvang word wat vir amptelike doeleindes namens die werkgewer gereis het. Die toepassing van die vergoedende reistoelaag het vanaf 1 Maart 2018 verander.

There has been recent confusion about customs requirements for travellers when it comes to personal valuables – what form, what must be declared and why?