Understanding personal liability for company tax debts

The South African Revenue Service (SARS) continues to strengthen its enforcement measures, with a growing focus on holding directors personally liable for company tax debts. Recent legal developments have reaffirmed SARS’s authority to pursue personal liability...

NPO deregistrations on the rise

Non-profit organisations (NPOs) play a vital role in South African society, supporting communities and driving positive change. However, recent reports indicate a significant rise in NPO deregistrations by the Department of Social Development (DSD), with over 14,000...

How trusts protect vulnerable beneficiaries

Trusts have long been recognised as a valuable estate planning tool, but their role in protecting vulnerable beneficiaries is becoming increasingly significant. In the South African context, a vulnerable beneficiary may be a minor, someone with a disability, or an...

How to legally lower your tax debt without risk

For many taxpayers, accumulating tax debt quickly becomes stifling, but there are legal avenues to reduce obligations without resorting to risky tactics. The South African Revenue Service (SARS) offers several mechanisms to help individuals and businesses manage their...

SARS Targets Crypto Tax Non-compliance

The South African Revenue Service (SARS) has intensified its focus on cryptocurrency taxation, establishing a specialised unit to crack down on non-compliance. This move underscores the growing regulatory scrutiny of digital assets, reflecting global trends where tax...

SARS Enforces Stricter Compliance on Assessment Disputes

The importance of precision in tax dispute resolutionThe South African Revenue Service (SARS) is intensifying its scrutiny of objections to tax assessments, reinforcing the necessity for taxpayers to provide precise and detailed submissions. A recent tax court ruling...

New Employment Equity Laws Announced

IFRS 15 – Revenue from contracts with customers