How will the 2022 Budget changes affect you?
The annual National Budget Speech was delivered on 23 February 2022 by Finance Minister Enoch Godongwana. Practitioners are getting to grips with some of the more pertinent changes that will become a reality for taxpayers, particularly in the individuals, employment and savings areas. Reviewing the timing of accrual and incurral of variable remuneration Section 7B […]
Retirement saved from controversial tax proposal
When an individual ceases to be a South African tax resident prior to retirement from a South African retirement fund and becomes tax resident of another country, that individual’s interest in a retirement fund may, on payment of a lump sum or monthly pension, be subject to tax in the other country. The application of […]
An opinion that is as good as proof?
In general, the admissibility of evidence is dependent on whether the evidence is relevant to a fact in issue in the case. In DPP v Kilbourne the court held that evidence is relevant if it is logically probative or disapprobative of some matter which requires proof. The principle of relevance that governs admissibility is based on practical considerations such […]
Land Expropriation Bill: What it means for your landownership rights
Confusion reigns as to the purpose and effect of the newly gazetted Expropriation Bill, specifically in relation to its changes to section 25 of the Constitution of the Republic of South Africa. This article seeks to demystify the Land Expropriation Bill by unpacking its purpose, setting out its proposed changes to section 25 of the […]