Unless you’re at the 45% marginal tax rate, most losses can be set off against other income. If a person is not

What keeps taxpayers awake at night? Judging by the many questions that I’ve been asked as a tax practitioner over the years,

When it comes to tracking down tax-dodgers, SARS has the tools, the people, and the will. Tax evasion and illicit financial flows

What are the Capital Gains Tax implications of investing in unit trusts? Unit trusts, or collective investments to give them their proper

When earning an income in South Africa, you are probably paying tax. The Income Tax Act 58 of 1962 (“the Act”) describes

As digital technologies continue to evolve and integrate into everyday life, the application of the Electronic Communications and Transactions Act 25 of

No fancy schemes, loopholes, or expensive lawyers required – and it’s all perfectly legal! Paying tax is a legal responsibility, but that

When all the trustees of a body corporate resign, the options available to the owners include the appointment of: replacement trustees at

The following question was recently received from one of our readers: I see myself as an independent contractor as I do contract

Under the amended legislative framework, members of a close corporation are now required to prepare annual financial statements (AFS) within six months