Tax

Understanding Beneficial Ownership: Key insights for compliance

With the introduction of new requirements by the Companies and Intellectual Property Commission (CIPC), companies must ensure they accurately disclose information on beneficial owners to remain compliant. 

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SARS issues stern warning on crypto asset reporting

The South African Revenue Service (SARS) has issued a strong warning to all taxpayers holding digital currencies, underscoring that failing to declare crypto assets on tax returns will not be tolerated.  

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Thinking of saying goodbye to South African tax residency? Here’s what you need to know.

If you’re planning to officially cease your tax residency in South Africa, there are several key steps and requirements you’ll need to navigate. As more South Africans take their financial plans abroad, understanding SARS’s recent updates on tax residency is essential. 

Thinking of saying goodbye to South African tax residency? Here’s what you need to know. Read More »

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