Recent Ruling of Masango v RAF
The recent ruling of Masango v RAF deals with the Contingency Fee Act and how to charge VAT on fees for services rendered. For access to the entire ruling, please click here.
Author Archive for: Tax Dispute Resolution
Entries by Tax Dispute Resolution
Tax Court Case No: IT 13164
The recent Tax Court case 13164 gives clarity on the applicability of section 103(2) of the Income Tax Act to assessed losses carried forward. For access to the entire case, please click here.
Beverage Industry’s Scare Tactics Against Sugar Tax ‘Shocking’
THE “fear-mongering” tactics employed by the beverage industry against the proposed sugar tax have been “shocking” and “more than the norm”. This is according to Ismail Momoniat, deputy director- general of the National Treasury, who was commenting on the industry’s reaction since Finance Minister Pravin Gordhan announced the tax earlier this year. The tax will result […]
SARS Basic Guide to Income Tax Exemption for Public Benefit Organisations
SARS has issued their second basic guide to income tax exemption for Public Benefit Organisations to assist organisations in obtaining and retaining approval as a public benefit organisation. For access to the entire guide, please click here
The Status of SARS’ Interpretation Notes
A recent case before the Supreme Court of Appeal (CSARS v Marshall NO and Others (816/2015) [2016] ZASCA 158 (3 October 2016)) involved the question of whether or not actual supplies by a designated entity to the Western Cape Department of Health qualified for the zero rating under section 11(2)(n) read with section 8(5) of […]
Launch of Special Voluntary Disclosure Programme (SVDP)
National Treasury released the following media statement on the special VDP for offshore assets. For access to the entire media statement, please click here. SARS have also updated the guide for special VDP, please click here to access the guide. Interestingly, the last version of the bill that proposed to include to the special VDP […]
Launch of Special Voluntary Disclosure Programme (SVDP)
National Treasury released the following media statement on the special VDP for offshore assets. For access to the entire media statement, please click here. SARS have also updated the guide for special VDP, please click here to access the guide. Interestingly, the last version of the bill that proposed to include to the special VDP […]
Input Tax Without Valid Tax Invoice
The South Atlantic Jazz festival case (“Jazz festival case”) put into a motion a series of changes to the VAT legislation, more specifically, as to when an input tax claim can be made without a proper tax invoice. In short, the taxpayer in the South Atlantic Jazz festival case was successful in a dispute against […]
Draft Taxation Laws Amendment Bill, 2016: (second batch) Revisions and Additions for Public Comment
Notable revisions include: Changes to section 7C (trusts and loan accounts) to remove the deemed interest imputation for loans to trust and replacing same with a deemed donation provision and removing the R100 000 annual donations tax exclusion prohibition. Extension of the Employment Tax Incentive to 28 February 2019; Dividends on restricted equity instrument will no […]
5 Year Period to Claim Input Tax Repealed?
When the Minister of Finance announced in the 2016 budget speech that the ability to claim input tax credits within 5 years will be revisited, taxpayers and tax practitioners alike waited with great anticipation to see if the proposal found its way into the draft bills so as to comment on why this should most […]
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LATEST NEWS
Objections and Appeals: The Helpless Taxpayer?February 22, 2017 - 7:41 pm- SA’s Tax Dilemma: Hiking VAT vs Wealth TaxesJanuary 27, 2017 - 10:36 am
- eFiling Profile HackingNovember 18, 2016 - 6:50 am
- Sugar Tax Could Include Pure Fruit Juices – National TreasuryOctober 21, 2016 - 11:44 am
- Beverage Industry’s Scare Tactics Against Sugar Tax ‘Shocking’October 13, 2016 - 8:24 pm
- SARS Basic Guide to Income Tax Exemption for Public Benefit OrganisationsOctober 13, 2016 - 8:19 pm
- The Status of SARS’ Interpretation NotesOctober 6, 2016 - 12:30 pm
- Launch of Special Voluntary Disclosure Programme (SVDP)October 3, 2016 - 7:17 pm
TECHNICAL UPDATES
- President Jacob Zuma Signs Bills Into LawJanuary 12, 2017 - 12:55 pm
- SARS Interpretation Note 92November 3, 2016 - 1:38 pm
- Supreme Court of Appeal – XO AFRICA SAFARIS CC v C:SARS (395/15) [2016] ZASCA 160October 19, 2016 - 9:20 am
- Supreme Court of Appeal: CSARS V Morula Platinum MinesOctober 19, 2016 - 9:17 am
- Guide: SVDP Version 1.2October 19, 2016 - 9:15 am
- Donations Tax and Capital Gains Tax Consequences of the Part Waiver of a Loan and Reduction of the Interest RateOctober 19, 2016 - 9:12 am
- Recent Ruling of Masango v RAFOctober 19, 2016 - 9:10 am
- Tax Court Case No: IT 13164October 19, 2016 - 9:08 am