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Higher tobacco taxes impact the poor and low-wage-earners the most, increasing the need for an inflation-only increase in tobacco taxes this 2022 budget, says tax body CEO.
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By the numbers: Expat tax through the lens of expertise
(Partner Content) On the minds of many South African expatriates are the options which are available to them for tax relief in South Africa, given the many changes made to the tax laws in South Africa.
However, it appears that these expat tax issues are not only highly relevant for taxpayers themselves, but also for the tax practitioners who are appointed to assist in meeting their obligations with SARS.
Tax Consulting South Africa had the privilege of hosting the first Expat Tax 101 webinar with the South African Institute of Tax Professionals (SAIT) on 29 April 2021. With some 495 attendees registered for the event, this was certainly one of the largest turnouts for such an event in recent memory.
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Brace for change as government works to protect the local economy. 00:01
SA has entered the realm of export taxes. Image: Simon Dawson, Bloomberg
South Africaâs business community should brace itself for several changes to the current guidelines and regulations in the customs and excise policy framework.
It is expected that SA will see more ‘lobby-type’ anti-dumping and tariff investigations as government becomes more supportive of protecting the local economy, says Caroline Rheeder, associate director at Cova Advisory & Associates.
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