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16 August 2017

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%.

/en-za/insights/2017/tax/sars-interest-rate-change-a-nasty-surprise
14 August 2017

 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"....

/en-za/insights/we-are-at-the-gateway-of-the-fourth-industrial-revolution
10 August 2017

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: ...

/en-za/insights/want-an-international-company-to-become-interested
02 August 2017

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.

/en-za/insights/2017/tax/taxpayers-have-rights-after-all
01 August 2017

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.

/en-za/insights/2017/tax/think-twice-before-tax-emigrating-due-to-removal-of-exemption-for-foreign-employment-income
27 July 2017

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...

/en-za/insights/2017/tax/tax-may-not-stop-south-africans-from-working-abroad
26 July 2017

In this edition, we look at the requirements of the latest interpretation, IFRIC 23.

/en-za/insights/accounting-news,-july-2017
26 July 2017

Do we live in a riskier world? The answer is yes according to 72% of respondents to the BDO Global Risk Landscape survey who consider that the world has become a riskier place.

/en-za/insights/global-risk-landscape
25 July 2017

South Africans are feeling the financial stress of stagnant salaries and rising cost of living. With our country’s current junk status, we’re also bracing for rates hikes on top of this, all while some of us are lucky enough to be earning a regular salary. The real tragedy of the financial...

/en-za/insights/2017/advisory/employee-benefits-what-really-distinguishes-a-top-employer
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