Latest News

Is foreign income taxable?

Posted in ,

If you’re one of the many South Africans who receive income from a foreign country, you may have asked yourself whether it’s taxable in South Africa and whether you should declare it in your South African tax return. Read more…

Read More

SARS has access to detailed bank account information

Posted in ,

SARS now has access to all one’s bank details, including all payments made or amounts received in one’s accounts. Read more…

Read More

New SARS rules for the electronic storage of records

Posted in ,

One of the draft regulations to the new Tax Administration Act deals with the keeping of records in electronic format. Should these regulations come into force, taxpayers might be well advised to seek the assistance of an IT specialist when compiling certain documents. Read more…

Read More

What is professional membership all about?

Posted in ,

Joining a professional organisation may represent an outstanding return on what amounts to a modest, manageable investment of time, money and effort. The connections you make, the resources you have access to and the ideas and advice you’ll discover may turn out to be beneficial to both your professional development and your career. Read more…

Read More

Company directors and personal liability

Posted in ,

Directors of companies should take note of the provisions regarding financial assistance to directors or director-related parties, as laid down by the new Companies Act of 2008 and, particularly, section 45 of the Act. Read more…

Read More

When SARS comes knocking on your door

Posted in ,

The Tax Administration Act, No. 28 of 2011, which came into effect on 1 October 2012, has given the South African Revenue Services (SARS) certain information gathering powers. This article gives a broad overview of the rights and limitations to the powers of SARS when visiting a taxpayer’s premises without prior notice. Read more…

Read More

Revised BEE codes

Posted in ,

In October this year, the Department of Trade and Industry (DTI) issued revised Black Economic Empowerment (BEE) Codes for comment. The proposed changes will have some positive and various severely negative effects. Read more…

Read More

Exceed Human Resources team says thank you

Posted in ,

The Christmas holidays are upon us. One of the greatest joys of the season is the opportunity to say thank you and to wish you the very best for the New Year. Read more…

Read More

Goodwill and capital gains tax

Posted in ,

When a business is sold, goodwill qualifies as an asset for capital gains tax purposes. It is therefore important to establish the value of the proceeds of the sale and the base cost of the goodwill. Read more…

Read More

The Tax Administration Act will take effect on 1 October 2012

Posted in ,

For more information please refer to our morning seminar on the Tax Administration Act to be held on Thursday 18 October 2012. We can also arrange an in-house workshop on the Tax Administration Act to be presented to your personnel, if this is more convenient for you. Please refer to the draft agendas for either the seminar or inhouse-workshop attached.

Read More

Audit & Accounting

Tax & Advisory

HR & Recruitment