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Tackling trusts: Navigating a complex area of financial planning

A look at the terminology you need to familiarise yourself with. ....

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Zonkizizwe trustees in vicious fight over R64m payout

Deputy Minister of Co-operative Governance and Traditional Affairs Obed Bapela is embroiled in a dispute with fellow trustees of a trust set up to benefit struggle veterans with a multimillion-rand dividend payment looming. ....

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Appealing a decision: Remedies for taxpayers at the FDDA stage

Appealing a decision: Remedies for taxpayers at the FDDA stage
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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BIR to reopen probe vs tax cheats

The Bureau of Internal Revenue (BIR) will reopen its investigation on suspected tax cheats in order to compel taxpayers to be more aware on their financial obligations to the government.
In a memorandum, BIR Commissioner Lilia Catris Guillermo said the audit will resume after all pending and presc ....

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BOC seizes P8.3-B smuggled goods in H1 2022

(File photo) MANILA - The Bureau of Customs (BOC) on Monday reported the seizure of PHP8.37 billion worth of smuggled goods for the first half of 2022. In a statement, the BOC said the goods were confiscated in 293 operations, with counterfeit items topping the list with a total value of PHP5.23 billion. This is followed by illegal drugs at PHP1.67 billion and general merchandise at PHP388.80 million. Around 58 Letters of Authority (LOA) were implemented in the same period, 44 of which yielded positive results. A total of 78 alert orders were issued, 57 of which were positive for violation of pertinent customs laws, rules, and regulations. Meanwhile, as part of its anti-corruption and integrity campaign under the leadership of Commissioner Rey Leonardo Guerrero, the BOC has issued 67 additional show cause orders from January to June 2022. This has led to the dismissal, suspension, relief, and reshuffling of errant Customs employees. During the first six months of the year, the Customs ....

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