On 1 July 2016 the SARS official interest rate changed from 10.25% to 10.50% (Government Gazette No. 39960 dated 29 April 2016) in respect of payments due to SARS. Similarly, the interest rate on refunds due by SARS to taxpayers also increased from 6.25% to 6.50%.

 Scott Rodie, Global head of TMT, BDO : "The question of paramount importance today is how we can control artificial intelligence" "Imagination is more important than knowledge.  Knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution"....

During the starts up session at the high-tech conference, 5 entrepreneurs displayed  their early stage ventures, and received feedbacks from Astora Modna, CEO and founding partner of Tara Fund;  and Eyal Miller, CEO of Samsung Next. Belinda Thompson, who opened the startups session, pointed out: ...

International Financial Reporting Bulletin 2017/07

International Financial Reporting Bulletin 2017/08

The Eastern Cape Division of the High Court recently reprimanded the Commissioner for SARS for not affording a taxpayer one of his basic rights in terms of current tax legislation.

David Warneke, head of Tax Technical at BDO South Africa, says that taxpayers should think twice before deciding that becoming non-SA tax resident is a good response if a current exemption for non-South African employment income is removed.

When you need to send an employee overseas, there are so many details to consider, from payroll taxes, inbound and outbound tax planning, Global Pensions, Equity Plans and more.  That’s where BDO’s Global Expatriate Services Practice comes in.

The Draft Taxation Laws Amendment Bill was introduced into Parliament on 19 July 2017 and proposes the removal of the foreign remuneration tax exemption, with effect 1 March 2019. South African tax residents working abroad are currently exempt from income tax if they are abroad for at least 61...