by Tony Davey | Feb 21, 2024 | Davey's Locker
In this newsletter we address salient features of the National Budget, 21 February 2024. Tony Davey – Editor | Duncan McAllister – Co-Editor | Werner Vos – Consultant (tonyd@harding.co.za www.daveyvos.co.za) INDIVIDUALS There are no changes to the rates of tax...
by Tony Davey | Jan 16, 2024 | Davey's Locker
Editor’s Note: In this first newsletter for 2024 we consider the following: ‘Two-Pot’ Retirement System implementation date 1 September 2024 The Thistle Trust v C: SARS, revisited Bona Fide Inadvertent Error – recent case Amendments to Section 7C Farewell Prof Lindsay...
by Tony Davey | Nov 16, 2023 | Davey's Locker
EDITOR’S NOTES: In this seventh newsletter for 2023 we consider the following: ‘Two-Pot’ Retirement System Postponed PN31 Revisited : The Taxation Laws Amendment Bill, 1 November 2023 CFCs Foreign Business Exemption (FBE) revisited Ponzi Schemes : Capital Losses...
by Tony Davey | Sep 18, 2023 | Davey's Locker
Editor’s Note: In this sixth newsletter for 2023 we consider the following: Section 9D(9)(b) Foreign Business Exemption for Controlled Foreign Companies. Practice Note 31 revisited. Distributions of income to non-resident beneficiaries to be taxed in resident trusts...
by Tony Davey | Jul 18, 2023 | Davey's Locker
(Arena Holdings (t/a) Financial mail v SARS and others, CCT 365/21 heard 23 Aug and 30 May 2023) Editor’s Note: In this fifth newsletter for 2023 we consider the following: Public interest trumps tax privacy – Concourt judgement. Offshore remittances from RSA by tax...
