Tax Break

SARS recently established a specialised segment focusing on influencers. In this episode, I share a few thoughts on some of the tax considerations that this category of taxpayer may need to think about. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My website contains more resources and articles that may i...

If a taxpayer is aggrieved by certain decisions or an assessment, they may object against it. In this episode, I discuss a recent tax court case where the court considered whether SARS’ reasons provided to the taxpayer were sufficient. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My website contains more...

The National Treasury published the draft tax law amendment bills for comment on 16 August 2025. The draft bills include proposed affecting section 8E and also how CIS yields are taxed. In this episode, I discuss the latest development affecting the section 8E proposals as well as the proposed changes to the taxation of CIS yields. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedba...

The National Treasury published the draft tax law amendment bills for comment on 16 August 2025. The draft bills include a proposal affecting understatement penalties and the roleof bona fide inadvertent errors. In this episode, I discuss the proposed changes and share my initial thoughts about it. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to...

The National Treasury published the draft tax law amendment bills for comment on 16 August 2025. The draft bills include a proposal relating to section 20A, which deals with ring-fencing of losses from certain suspect trades. In this episode, I discussthe proposed changes and share my initial thoughts about it. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or...

The National Treasury published the draft tax law amendment bills for comment on 16 August 2025. A significant proposal relates to section 8E, which deals with hybrid equity instruments. In this episode, I discuss the proposed changes and share my initial thoughts about it. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a fu...

Provisional tax is one of the mechanisms used to collect income tax. Whether an individual is a provisional taxpayer or not, amongst others, affect when they need to submit their incometax returns. In this episode, I consider the definition of a provisional taxpayer. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future ep...

I often get the question whether a person who ceased being a resident still needs to pay tax and submit returns in South Africa. This question goes back to the fundamental principles relating to how residents and non-residents are taxed. In this episode, I discuss how non-residents are taxed in South Africa. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or wou...

Notional input tax is not a new topic in the VAT Act. There are, however, still some misconceptions about it. In this episode, I discuss some of the principles of notional input tax. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My website contains more resources and articles that may interest you –  ⁠http...

VAT apportionment is often a complex matter for entities that make both taxable and non-taxable supplies. In this episode,I briefly discuss some key concepts and considerations when it comes to VAT apportionment. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My website contains more resources and articles...

Given the volatile economic conditions globally, many South Africans are selling or re-balancing their exposure to foreign assets. A question that naturally comes up is what are the taximplications of selling these foreign assets? In this episode, I discuss some key principles to consider in this regard. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would l...

SARS requires companies to submit their financial statements when they file their tax returns. The financial statements are critical when the tax return is further investigated or audited. In this episode, I discuss a recent case which may hold some lessons for other taxpayers on the importance of ensuring alignment between their financial statements and the tax return. You can contact me at  ⁠pie...

If a company advances a loan to a shareholder and does not charge interest at the official rate a deemed dividend arises. In this episode, I discuss some of the practical considerations relating to this deemed dividend. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My website contains more resources and ar...

Several taxpayers received correspondence in recent months from SARS indicating that they have been registered as VAT vendors, despite not applying to be registered. In this episode, I consider the provisions of the VAT Act that deal with these registrations and also share some thoughts about steps to consider if the entity should not have been registered. You can contact me at  ⁠pieter@pvdz.co.za...

The Commissioner of the South African Revenue Service annually publishes a notice relating to the returns to be submitted. In this episode, I consider this notice for the 2025 tax season. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My website contains more resources and articles that may interest you – ...

There are many differences between the tax and accounting treatment of transactions and arrangements. Share-based payments often result in such differences to be adjusted for in tax computations. In this episode, I discuss some tax and accounting considerations of share-based payment staff incentives. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like...

Taxpayers often incur significant amounts of raising fees in respect of debt funding. The deductibility of these fees was recently considered in a tax court case. I discuss that case and the court’s reasoning in this episode. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My website contains more resources...

The concepts of connected person and group of companies that are found in the tax legislation may seem similar at first, but they serve very different purposes. In this episode, I speak about these terms and where they are generally used in the legislation. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My...

VAT vendors are entitled to deduct input tax on goods or services acquired for purposes of making taxable supplies. However, there are some exceptions where input tax is prohibited despite the goods or services being acquired for business purposes. In this episode, I discuss a case that deals with one such instance. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episod...

Several recent amendments and developments affect trusts with non-resident beneficiaries. In this episode, I discuss the tax considerations that trustees of trusts with non-resident beneficiaries should be aware of. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My website contains more resources and articl...

Many transactions, especially reorganisations, involve transfers of assets from one person to another. One question that often comes up in arrangements between related persons is whether there may be elements of value shifting. In this episode, I discuss the concept and some of the tax implications thereof. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or woul...

Foreign persons who supply electronic services consumed in South Africa may be required to register as VAT vendors in South Africa. The regulations governing these services recently changed. I discuss the changes in this episode. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My website contains more resour...

What are the tax implications when a company declares dividends to someone other than its shareholder? In this episode, I talk about two tax implications to consider in the context of such arrangements. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My website contains more resources and articles that may i...

Shareholders often fund companies through loans. In this episode, I discuss tax implications to consider for such loans, especially when the loan does not bear interest. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would like to suggest a topic for a future episode. My website contains more resources and articles that may interest you –  ⁠https://tax.pvdz....

The Minister of Finance announced an increase of 0,5% in the VAT rate with effect from 1 May 2025 in the 2025 Budget. From reports in the media, it is by no means certain that this rate increase will be approved by Parliament. In this episode I consider the legislation that gives effect to the rate increase and related matters. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback o...