Archive | Tax

What exactly is the deal with Foreign Employment Income?

From news articles circulating to queries from clients, the question on everyone’s lips is:  What exactly is the deal with Foreign Employment Income? The National Treasury has proposed removing the foreign employment income tax exemption for South African residents. The Draft Rates and Monetary Amounts and Amendment of Revenues Laws Bill, which is currently open […]

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THE MOST IMPORTANT ASPECTS OF THE 2017 BUDGET

Finance Minister Pravin Gordhan’s budget speech struck the right balance between finding room to fund government’s revenue shortfall and ensuring the majority of the population benefits from a fair tax dispensation, – says Trurman Zuma, Chief Executive of Sanlam Savings. The Minister announced that government needs to raise an additional R28 billion in taxes, but […]

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