Home

SAIT Trending Topics

TaxTalk Nov/Dec edition is out

TaxTalk's final issue of 2020 is available. Download your copy of the special Incentives Issue here.

Concise Guide to Carbon Tax

A concise and practical guide to Carbon Tax including applicable legislation, regulations, SARS Rules and forms

This publication contains an insightful analysis of the Carbon Tax Act and related Regulations. Most importantly, it demystifies the administration of the carbon tax as an environmental levy under the Customs and Excise Act. It does this by explaining how to derive and calculate a carbon tax liability; and, by providing practical guidance on the management and submission of...

TaxTalk digital magazine

Please note that due to lockdown regulations on printing and distribution services, TaxTalk has stopped production of its print magazine until further notice. Members and subscribers will continue to receive the bimonthly magazine in digital format. Click here to access the latest edition.  

 

Tax Administration & Interpretation
(SARS and Office of the Tax Ombud)

Explanatory Memorandum on the TLAB, 2020 21 January 2021
Memorandum on the Objects of the TALAB, 2020 22 January 2021
Final Response Document on the 2020 Draft Tax Bills 20 January 2021

TAX CASES

ABC Trading CC v Commissioner of the South African Revenue Services (1712) [2020] ZATC 7 (29 April 2020)
ABC Trading CC v Commissioner of the South African Revenue Services (1712) [2020] ZATC 6 (29 April 2020)
ABC (Pty) Ltd v Commissioner for the South African Revenue Service (1626) [2020] ZATC 9 (3 March 2020)

Legislative & Policy
(National Treasury & Parliament)

3134 27-11 TenderBulletin

AIDS HELPLINE: 0800-123-22 Prevention is the cure Government Tender Bulletin REPUBLIC OF SOUTH AFRICA N.B. The Government Printing Works will not be held responsible for the quality of “Hard Copies” or

requirements (e.g. have a valid tax clearance certificate and be in

...

Rentia Janse Van Niewenhuizen
43940 27-11 Legal A

AIDS HELPLINE: 0800-0123-22 Prevention is the cure Government Gazette Staatskoerant REPUBLIC OF SOUTH AFRICA REPUBLIEK VAN SUID-AFRIKA LEGAL NOTICES WETLIKE KENNISGEWINGS AN.B. The Government Printing Works will not be held responsible for the quality of “Hard Copies

...

Rentia Janse Van Niewenhuizen
43937 26-11 HighEduTraining

Department of Higher Education and Training

Regulation Gazette No. 10177 Regulasiekoerant N.B. The Government Printing Works will not be held responsible for the quality of “Hard Copies” or “Electronic Files” submitted for publication purposes AIDS HELPLINE

...

Rentia Janse Van Niewenhuizen

Call For Comment
SAIT member comments can be directed to taxpolicyadmin@thesait.org.za

​1 October 2020



Next due date for comments :

SARS
​8 October 2020 New!



Next due date for comments :

SARS
​24 September 2020 New!



Next due date for comments :

SARS

International and Regional News
(OECD and ATAF)

Tax and Development Day

A dedicated series of briefings on current projects covering the OECD's tax and development work will be open to the Inclusive Framework membership and the public.

Tax and Development briefings

A dedicated series of briefings on current projects covering the OECD's tax and development work will be open to the Inclusive Framework membership and the public.

11th meeting of the OECD/G20 Inclusive Framework on BEPS

Due to the ongoing health crisis, the 11th plenary meeting of the OECD/G20 Inclusive Framework on BEPS will be held virtually and open to the public, allowing a glimpse into the various international tax-related workstreams undertaken by the Inclusive Framework to date.

CPD Events

PROFESSIONAL INSIGHT

The Netherlands: Corporate tax update 2021

A previously promised reduction of the top corporate income tax rate has been postponed and the top rate remains at 25 per cent. However, the lower tier tax bracket will be reduced to 15 per cent. In addition the lower tier tax bracket will be raised to EUR 245,000 and this will be further extended to EUR 395,000 in 2022.

Impact of Brexit on Tax

Little changed for UK businesses from a tax perspective when the UK left the EU on 31 January 2020.

Cost of capital: 2021 outlook

Join a conference call among a group of project finance industry veterans about what to expect in the year ahead for tax equity, bank and term loan B debt and project bonds.

Canada to increase carbon taxes by 566%

The Canadian federal government recently announced that the carbon tax will increase from its current $30 per tonne of greenhouse gas (GHG) emissions to $170 per tonne in 2030 – an increase of 566% over 10 years.

Real Estate Focus: November 2020

In this edition, we take a look at a Supreme Court decision on the enforceability of a restrictive covenant; real estate tax developments; the latest on “right to rent” checks; and the meaning of “vacant possession”.

Machine versus the tax man: AI inventors and the research tax credit

On July 29, 2019, the U.S. Patent and Trademark Office received two patent applications: one for a light beacon that flashes in a unique manner to attract attention, and the other for a beverage container based on fractal geometry.

Luxembourg Government publishes 2021 Budget bill

Increased taxation of the domestic real estate funds market and extended access to employees incentive plans (while maintaining standard corporate tax and progressive income tax rates) are among changes introduced in the Luxembourg Government’s 2021 Budget bill n°7666 (the “2021 Budget”).

Global Tax Outlook 2020: The changing face of tax

Brussels, 5 October 2020 – Across the globe, tax leaders face unprecedented change and transition, as they respond to pressures both internal and external to the business. Businesses are facing key challenges in relation to their tax affairs and evolving the focus of their activity.

Lindy Steyn
Global Tax Outlook 2020 : The Changing Face of Tax

Brussels, 5 October 2020 – Across the globe, tax leaders face unprecedented change and transition, as they respond to pressures both internal and external to the business. Businesses are facing key challenges in relation to their tax affairs and evolving the focus of their activity.

Lindy Steyn

Tax News In The Press

Final Response Document on the 2020 Draft Tax Bills 20 January 2021
Final Response Presentation on 2020 Draft Tax Bills 20 January 2021
Media Statement - Publication of the 2020 Tax Acts and Accompanying Documentation 22 January 2021
South African Scientists Who Discovered New Covid-19 Variant Share What They Know

[The Conversation Africa] Late last year the Network for Genomic Surveillance in South Africa (NGS-SA) led by the KwaZulu-Natal Research Innovation and Sequencing Platform (KRISP) identified a rapidly spreading new variant of SARS-CoV-2, the virus that causes COVID-19. The new variant, called 501Y.V2, raises critical questions - including whether current vaccines and treatments will still be effective.

The Conversation Africa
Tax Administration Laws Amendment Act 24 of 2020 GG44082 20 January 2021
18 January 2021 - SARS addresses Adobe termination of Flash Player