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Income Tax: The deduction of security expenditure
In today’s increasingly security-conscious world, businesses and individuals alike are faced with the need to invest in safety measures....

Wessel Smit
Dec 2, 20256 min read


Write-off or Compromise of Tax Debt: Understanding Sections 192 to 207 of the Tax Administration Act
Tax debt can be a significant burden for individuals and businesses alike, often leading to financial distress. Fortunately, under...

Wessel Smit
Feb 13, 20254 min read


Navigating the Tax Implications for Personal Service ProvidersNavigating the Tax Implications for Personal Service Providers
The tax landscape in South Africa can be complex. The term 'Personal Service Provider' refers to a specific category of taxpayer defined...

Wessel Smit
Apr 5, 20244 min read


Input VAT and motor cars
Input VAT and motor cars A vendor is generally not entitled to deduct input tax on acquiring a motor car, irrespective of whether it is...

Wessel Smit
Jan 5, 20247 min read


Solar Panel Tax Incentive
Solar Panel Tax Incentive for Individuals The objective of the newly announced solar panel tax incentive for individuals announced by...

Wessel Smit
May 5, 20235 min read


Who is taxed when a trust distributes gains to beneficiaries?
In a recent Supreme Court of Appeal judgement, CSARS vs The Thistle Trust, an interesting question was considered. Who is taxed when a...

Wessel Smit
Jan 1, 20235 min read


Bad Debt: Income Tax and VAT benefits
Section 11(i) permits a deduction from a taxpayer’s income of the amount of any debt due to the taxpayer which has during the year of...

Wessel Smit
Oct 10, 20224 min read


Changes in criteria for recognised controlling bodies managing and registering tax practitioners
Due to the complexity and specialised nature of tax legislation, taxpayers often engage tax practitioners to assist them in complying...

Wessel Smit
Jul 10, 20223 min read


VAT on the temporary letting of residential property by developers
Property developers develop residential property with the main purpose of selling the completed residential units in the course of making...

Wessel Smit
Feb 22, 20226 min read


Crypto Assets and Tax
The word “cryptocurrency” was replaced with “crypto asset” in line with the proposed adoption of a uniform definition of crypto assets...

Wessel Smit
Dec 14, 20212 min read
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