Monthly Archives: June 2019

Tax consequences of company loans to connected persons

The current article will focus on the provisions of section 64E(4), a section that determines the income tax consequences of low-interest or interest-free loans between companies and connected persons. Loans between companies and their connected persons are not uncommon in … Continue reading

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Becoming a Chartered Accountant

The process of becoming a chartered accountant can be a gruelling and challenging part of your life, just ask any chartered accountant out there. Becoming a CA(SA) requires a minimum of four years of studies and three years internship that … Continue reading

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SARS scams

Education and awareness around identity theft, phishing and other frauds have become part of life globally. If nothing else, scamsters are innovative and keep trying new avenues of defrauding businesses and individuals. In South Africa, this is no exception, and … Continue reading

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Belasting op buitelandse indiensnemingsinkomste

Artikel 10(1)(o)(ii) bied verligting aan belastingbetalers deur nie op buitelandse indiensnemingsinkomste (“employment income”) belas te word nie aangesien die buitelandse maatskappy reeds LBS / belasting op daardie inkomste aftrek. Daar is egter sommige lande waar hul eie belastingwette bepaal dat … Continue reading

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