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David Warneke: Own an offshore trust? After Budget 2017 get advice quick – or...
Just when wealthy South Africans thought they’d absorbed all the blows, hidden in the fine print of SA’s Budget 2017 was a bombshell that is about to hit creators of offshore trusts really hard. BDO’s...
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What are our corporate governors doing for their shareholders (read taxpayers)?
A Biznews reader likens parliament and its executive to a business entity, and proceeds to unpack just how similar and different MPs are to corporate executives in the private sector. It’s a reasonable...
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Secret plan revealed: Jacob Zuma wants new luxury private jet – at cost of...
Is it necessary for a president to be protected and transported in the type of transport the world’s rich and famous use to get around? President Jacob Zuma wants a new private jet worth several...
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Coming clean with the taxman – which is the best option to take?
If the taxman offers an amnesty and your tax affairs aren’t in order, it’s best to take advantage of his largesse. While Finance Minister Pravin Gordhan hasn’t offered a tax amnesty, he has offered...
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Greenblo: Why taxpayers, State pensioners must watch Dep FinMin like hawks.
While most post #Zumicon attention has been focused on the new head of the Treasury, this brilliant assessment argues that of even greater concern is his right hand man. Little is known about the new...
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Warning: British taxpayers will pay more as rich bankers ratchet up plans to...
EDINBURGH: Expect to pay more tax to compensate for losses as thousands of high-income earners in London’s financial services sector uproot their lives and move to other European cities. That’s the...
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Deadline looms for undeclared offshore assets
*This content is brought to you by Brenthurst Wealth By Brian Butchart* Time is running out for those who have not as yet considered the implications of what is required for disclosure or the possible...
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Expat tax: Why it’s high time SA rings in changes – Matthew Lester
JOHANNESBURG — National Treasury’s plan to do away with the 183-day tax exemption rule for South African residents and citizens who work overseas has stirred a hornet’s nest. Many Saffer expats in the...
View ArticleSA has the ammunition, not the method
It’s no secret South Africa has the resources to dig itself out of the current economic doldrum. The facts show business is sitting on R1.4 trillion in cash. While billions of taxpayer money has been...
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Voluntary offshore disclosures: Final SARS deadline fast approaches
JOHANNESBURG — Despite question marks hanging over SARS, its chief Tom Moyane and the institution’s current ability to effectively collect taxes, the authority continues to push ahead with expanding...
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Duduzane attacks Gordhan: ‘All my bank accounts closed by your friends’
JOHANNESBURG — In an apparent open letter to ANC MP Pravin Gordhan, son of President Jacob Zuma, Duduzane, takes aim at the former Finance Minister. In the aggressive letter, the Dubai-based Duduzane...
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Corrupt people are stealing before our very eyes, says Pravin Gordhan
JOHANNESBURG — Corruption in South Africa has become so blatant that the Zuptas are stealing right before our very eyes. This is what one can gleam from Pravin Gordhan’s latest comments on the matter....
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Fear-mongering and expat tax: Here’s the real facts you need to know
JOHANNESBURG — Treasury’s bid to get expats to pay taxes to SARS has put many Saffers overseas into a flat panic. The news has become especially worrisome for those expats living in ‘tax-free’ parts of...
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Ed Herbst: NGOs and small companies bankrupted by the Zuptoids
Veteran journalist Ed Herbst JOHANNESBURG — Doing business with the Zupta controlled ANC is hugely risky, especially if you’re a small supplier. As veteran journalist Ed Herbst outlines in his latest...
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How world sees SA: ‘unusual speed’ to arrest author who unpacks Zuma graft
EDINBURGH — As proof that state law enforcement agencies are being used primarily to protect President Jacob Zuma and his circle of corrupt friends who have been raiding state coffers, the State...
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Revealed! The small pool of taxpayers footing the bill for Gupta Inc
EDINBURGH — I’m on the brink of joining the South African taxpayers’ revolt. I haven’t worked in South Africa for at least five years, but still the South African Revenue Service has ways of squeezing...
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SAA is not a parastatal, it is a PARASITE and unconstitutional – van Staden
JOHANNESBURG — The debate over South Africa’s need to have an international airline continues to rage on while taxpayers fork out billions. This piece by Martin van Staden highlights how South African...
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Latest 2018/19 tax tables: Just 3.7% of taxpayers footing 40% of SA’s bill
JOHANNESBURG — National Treasury notes that this year there will be no fiscal drag relief. As a result, an effective R14bn extra tax burden will fall on those earning over R410 000 a year....
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Wealth and VAT: Two tax factors to watch in 2018 as Ramaphosa takes control
JOHANNESBURG — This Q&A with Stellenbosch Business School lecturer Lee-Ann Steenkamp provides a great explanation on how Finance Minister Malusi Gigaba’s tax changes will impact South Africa in the...
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Matthew Lester: Why South Africa’s VAT ‘Silver Bullet’ is now spent
JOHANNESBURG — Stealth taxes are set to stalk millions of South Africans over the next year as the country grapples with the hangover from its Jacob Zuma years. The first VAT increase in a quarter of a...
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