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2025 Budget – Proposed changes to tax treatment of forex on specific foreign debt
Does your company pay interest to an offshore group company? Have you considered whether you should limit your interest and forex deduc...
VAT Changes Checklist 2025
The 2025 Budget Speech announced phased VAT rate increases in South Africa, with VAT rising from 15% to 15.5% on 1 May 2025 and to 16% ...
Corporate Income Tax in South Africa: A Strategic Approach in the 2025 Budget
The 2025 Budget proposes a balanced Corporate Income Tax (“CIT”) strategy, prioritising revenue stability without raising the 27% rate,...
Proposed VAT rate increases from 15% to 15.5% on 1 May 2025 and to 16% on 1 April 2026
It is proposed that the VAT rate will increase from 15% to 15.5% effective 1 May 2025. A further increase in the VAT rate from 15.5% to...
Implications of a VAT rate increase for vendors
The uncertainty surrounding a potential VAT rate increase in 2025 presents significant challenges for both consumers and VAT-registered...
Tax implications of outsourcing a Controlled Foreign Company’s primary operations
On 21 June 2024, the Constitutional Court ruled in favour of Coronation confirming that its foreign subsidiary indeed conducted its pri...