by sait_admin | Dec 9, 2024 | Tax Practice Weekly
Finance Minister delivers the Medium Term Budget Policy Statement Focusing on the in-year revenue outlook, the Minister of Finance, Mr Enoch Godongwana, highlighted the following points during his address to Parliament on 30 October 2024… READ...
by sait_admin | Dec 9, 2024 | Tax Practice Weekly
2025/01 interim employer recons due on 31 October 2024 Thursday, 31 October 2024, is the due date for the bi-annual third-party data and interim employer EMP501 reconciliation submissions in respect of the 2025 year of assessment. The 2025/01period covering the 1...
by sait_admin | Dec 9, 2024 | Tax Practice Weekly
ITR12 returns for non-provisional taxpayers due on Monday, 21 October 2024 Individual non-provisional taxpayers have until Monday, 21 October 2024, to submit their 2024 annual tax returns to SARS. It is also imperative to note that taxpayers who received...
by sait_admin | Dec 9, 2024 | Tax Practice Weekly
ConCourt ruling clarifies understanding in the Thistle Trust case concerning the conduit principle and redefines tax and estate planning for tiered trusts In clarifying the application of the conduit principle to capital gains within multi-tiered trust structures, the...
by sait_admin | Dec 9, 2024 | Tax Practice Weekly
Mismatch in trust registration numbers remains a hurdle On 30 September 2024, the submission deadline for the IT3(t) returns, SARS published the trusts’ frequently asked questions (FAQs) on the trusts webpage. The FAQs covers seven main questions… READ...