General Archives - Page 16 of 48

TANZANIA: Licensing of Tax Consultants – A clog/fetter to taxpayer’s right to representation?

Published by: B&E Ako Law Taxpayers are now required to be represented by licensed tax consultantsA Tax AdvisorA Tax Advisor is a professional who provides specialised advice to individuals, businesses, and organisations on various tax-related matters. They play a crucial role in guiding clients through complex tax laws and ensuring compliance with the latest regulations while identifying opportunities for tax efficiency. Tax Advisors must stay updated on legislative changes and understand the impact of international tax treaties,... is a professional who provides specialised advice

ATL-Editor 2 November 2022

SOUTH AFRICA: Think Tax compliance is simple? Think again (PART 2)

The article was written and published by: ReganVanRooy 10 common mistakes in SA corporate taxCorporate Tax refers to the tax imposed by governments on the

ATL-Editor 28 October 2022

SOUTH AFRICA: Replacement of IT14SD forms – New SARS Verification Process

AUTHOR: Ziyaad Moosa – PKF Octagon (Johannesburg) With effect from 16 September 2022, The South African Revenue Services (SARSThe South African Revenue ServiceThe South African Revenue Service (SARS) is the official tax authority responsible for the administration and enforcement of tax laws in South Africa. It plays a crucial role in managing the country’s fiscal policy by collecting revenue, administering customs, and ensuring compliance with tax legislation. Established under the South African Revenue Service Act, No. 34 of 1997, SARS functions independently... (SARSThe South African Revenue Service (SARS) is the official tax authority responsible for the administration and enforcement of tax laws in South Africa. It plays a crucial role in managing the country’s fiscal policy by collecting revenue, administering customs, and ensuring compliance with tax legislation. Established under the South African Revenue Service Act, No. 34 of 1997, SARS functions independently...) is

ATL-Editor 27 October 2022

NIGERIA: VAT and the Reverse Charge Mechanism in Nigeria

Article by: Abdulateef Olatunji ABDULRAZAQ (Founder, Taxmobile.Online) Introduction Value Added Tax (VAT) is a consumption tax imposed on the value of the supply of taxable

ATL-Editor 25 October 2022

Mozambique – Mandatory Social Security Pardon of Fines and Reduction of Interests

Decree No. 42/2022, of 17 August, was recently approved, adopting measures to ensure support to employer entities and self-employed individuals in Cabo Delgado Province affected

ATL-Editor 24 October 2022

Think Tax compliance is simple? Think again

Article was written and published by: ReganVanRooy 10 common mistakes in SA corporate taxCorporate Tax refers to the tax imposed by governments on the income

ATL-Editor 24 October 2022

So is a foreign pension trust not actually a trust? (South African Tax)

Published by: Regan van Rooy Unpacking the recent SARSThe South African Revenue ServiceThe South African Revenue Service (SARS) is the official tax authority responsible for the administration and enforcement of tax laws in South Africa. It plays a crucial role in managing the country’s fiscal policy by collecting revenue, administering customs, and ensuring compliance with tax legislation. Established under the South African Revenue Service Act, No. 34 of 1997, SARS functions independently... (SARSThe South African Revenue Service (SARS) is the official tax authority responsible for the administration and enforcement of tax laws in South Africa. It plays a crucial role in managing the country’s fiscal policy by collecting revenue, administering customs, and ensuring compliance with tax legislation. Established under the South African Revenue Service Act, No. 34 of 1997, SARS functions independently...) is the official tax authorityTax authorities are fundamental institutions within government frameworks, overseeing tax assessment, collection, and administration. Their operations ensure that tax laws are enforced and public funds are collected efficiently. This article delves into tax authorities' purpose, responsibilities, and structure, offering insights into their essential role in supporting government functions and economic stability. What is a Tax Authority? A tax authority is... responsible for the administration and enforcement

ATL-Editor 10 October 2022

SARS starts to target buyers of luxury goods

Article originally published by NEWS24 The SA Revenue ServiceTax authorities are fundamental institutions within government frameworks, overseeing tax assessmentA tax assessment is a formal determination made by a tax authority to calculate the amount of tax an individual or entity owes. It is a comprehensive evaluation based on financial records, declared income, expenses, deductions, and any applicable tax laws or regulations. Tax assessments may arise from routine self-assessments by taxpayers, or they may be conducted by revenue authorities..., collection, and administration. Their operations ensure

ATL-Editor 7 September 2022

SARS – Being Audited or Selected for Verification

This article was published by South African Revenue ServiceThe South African Revenue ServiceThe South African Revenue Service (SARS) is the official tax authority responsible for the administration and enforcement of tax laws in South Africa. It plays a crucial role in managing the country’s fiscal policy by collecting revenue, administering customs, and ensuring compliance with tax legislation. Established under the South African Revenue Service Act, No. 34 of 1997, SARS functions independently... (SARSThe South African Revenue Service (SARS) is the official tax authority responsible for the administration and enforcement of tax laws in South Africa. It plays a crucial role in managing the country’s fiscal policy by collecting revenue, administering customs, and ensuring compliance with tax legislation. Established under the South African Revenue Service Act, No. 34 of 1997, SARS functions independently...) is the official tax authorityTax authorities are fundamental institutions within government frameworks, overseeing tax assessment, collection, and administration. Their operations ensure that tax laws are enforced and public funds are collected efficiently. This article delves into tax authorities' purpose, responsibilities, and structure, offering insights into their essential role in supporting government functions and economic stability. What is a Tax Authority? A tax authority is... responsible for the administration and enforcement