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Country: South Africa

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  2. South Africa

South Africa: Competition Commission publishes draft pre-implementation guidelines

The Commission has invited written comments on the Draft Guidelines to be submitted by 15:30 on 17 March 2017.

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South Africa: National Budget Speech 2017: Important proposed changes for businesses

TAX abstract

Tax increases were announced in the SA National Budget Speech 2017 by Pravin Gordhan, on Wednesday, 22 February 2017.

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South Africa: Draft Comprehensive Maritime Transport Policy for public consultation

The Department of Transport has released a draft CMTP which was approved by Cabinet on 8 February 2017 for public consultation and comment.

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South Africa: The greatest maritime rescue ever

It is just over 25 years since what has been described as the greatest maritime rescue in modern history was effected.

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South Africa: Upstream Oil and Gas Authorisation

The SA oil and gas industry is small by global standards. The country’s acreage remains largely underexplored.

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South Africa: SARS gives clarity on PAYE and VAT treatment of non-executive directors, but the tax treatment of non-resident non-executives remains punitive

TAX abstract

There has been uncertainty regarding the employees’ tax and VAT treatment of fees paid to non-executive directors for some time.

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