Tax Law

Tax residency in South Africa is a crucial determinant of an individual’s or entity’s tax obligations. The South African Revenue Service (SARS) utilizes two main tests to establish tax residency: the ordinary…

In South Africa, the tax residency of juristic entities (such as companies, partnerships, and trusts) is a crucial aspect of the tax framework, influencing how entities are taxed on their income. Understanding…

As global business operations become increasingly interconnected, South African tax residents often explore international tax structures to optimize their tax obligations. These structures can help manage tax liabilities, facilitate cross-border transactions, and…

In South Africa, individual tax residents can claim various tax deductions to reduce their taxable income and overall tax liability. Understanding these deductions is crucial for effective tax planning and compliance with…

In South Africa, private companies can benefit from various tax deductions that reduce their overall taxable income and corporate tax liability. Understanding these deductions is essential for effective tax planning and compliance…

In South Africa, trusts are essential tools for effective tax planning and estate management. They provide flexibility in asset management and can offer significant tax advantages, helping individuals and families preserve wealth…

Overview of Capital Gains Tax (CGT) In South Africa, Capital Gains Tax (CGT) is imposed on the profit made from the sale of certain assets, such as property and shares. CGT was…

Introduction Valuing a business as a “going concern” means figuring out how much it’s worth while assuming it will continue to operate normally in the future. This process is important for financial…

Introduction In South Africa, donations can be a strategic tool in tax planning for individuals and businesses, including private companies. By contributing to charitable causes, taxpayers can potentially reduce their taxable income…

Introduction In South Africa, Section 18A of the Income Tax Act, 1962, provides a significant tax incentive for individuals and businesses that contribute to registered Public Benefit Organizations (PBOs). A Section 18A…

Introduction In South Africa, effective estate planning is essential for preserving wealth and ensuring that assets are distributed according to an individual’s wishes upon their passing. Estate duty, which is a tax…

Introduction Tax disputes can arise between taxpayers and the South African Revenue Service (SARS) for various reasons, including disagreements over tax assessments, penalties, or the interpretation of tax laws. Understanding the process…