Tax Break

The Minister of Finance presented the 2025 Budget in Parliament on 12 March 2025. In this episode, I talk about some of the tax proposals in this budget. 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.co.za⁠ . You are...

The VAT rate may change when the revised budget is presented in March. In this episode, I talk about some of the practical realities that vendors would face if the rate changes. 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://t...

The end of February means provisional tax for many taxpayers. In estimating their taxable income, the question often comes up – what if I get the estimate wrong? In this episode, I consider some of the implications of estimates that turn out to be inaccurate. 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. M...

Taxpayers in certain industries qualify for diesel rebates. Two recent cases highlighted some aspects of these rebates that may be important for taxpayers to consider. In this episode, I share my thoughts on some lessons one can take from the cases. 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...

Companies and their shareholders often find themselves in a tough spot when the company advances substantial amounts to its shareholders as loans. In this episode, I talk about some of the economic considerations resulting from the tax implications of such loan accounts. 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 futur...

Someone recently asked me whether they should advise their clients to keep their assets in trusts. This depends on the facts and circumstances of each case and some tax considerations may play a role. In this episode, I discuss some of the tax implications that persons who consider holding their assets in trusts should consider. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback...

A listener asked me to record an episode on the “tips & tricks” when lodging an objection. In this episode, the second of the series, I discuss some important aspects of the grounds on which an objection is lodged. 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 art...

A listener asked me to record an episode on the “tips & tricks” when lodging an objection. This process is governed by law and the tax dispute rules, rather than tips and tricks! In this episode, I share some thoughts on some key aspects of the process and rules that apply when lodging an objection. You can contact me at  ⁠pieter@pvdz.co.za⁠  if you have any feedback on the episode or would li...

Several South African tax returns, including the ITR14 and ITR12T, require beneficial ownership information. Who are the beneficial owners of a company or trust? In this episode, I discuss the term beneficial owner. 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...

In this episode, I talk about the VAT considerations that residential property developers should be aware of when they lease properties initially developed to sell. 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.co.za...

In this episode, I discuss an amendment to the definition of resident of the Republic in the VAT Act that takes effect on 1 January 2025. 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.co.za⁠ . You are welcome to take...

In this episode, I provide an overview of some of the tax allowances available for solar assets. 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.co.za⁠ . You are welcome to take a look!

In this episode, I consider the broader impact of the recently ratified protocol to the South Africa/Kuwait double tax agreement. 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.co.za⁠ . You are welcome to take a look!

In this episode I discuss the conduit principle’s application in the context of capital gains tax and the Thistle Trust case. 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.co.za⁠ . You are welcome to take a look!

In this episode I discuss the conduit principle that applies to trust income and an amendment that took effect from 1 March 2024. 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.co.za⁠ . You are welcome to take a look!

In this episode I deal with a question about when a VAT vendor should claim 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 –  ⁠https://tax.pvdz.co.za⁠ . You are welcome to take a look!

In this episode I discuss an amendment to section 24I that affects foreign preference shares. 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.co.za⁠ . You are welcome to take a look!

In this episode, I consider a recent amendment to section 7C that affects its interaction with the transfer pricing rules. 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.co.za⁠ . You are welcome to take a look!

In this episode I discuss assessed losses. I consider the limitation on utilising these losses that was introduced in 2023 and also a recent ruling issued by SARS (BGR73).  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....

In this episode I speak about some of the tax considerations when waiving loans. 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.co.za . You are welcome to take a look!

In this episode I deal with section 18A receipts issued by public benefit organisations (PBOs). 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.co.za . You are welcome to take a look!

In this episode I discuss the recent Constitutional Court judgement in the dispute between SARS ad Coronation Investment Management SA (Pty) Ltd. 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.co.za . You are welcome to...

In this episode I share some tax considerations to bear in mind when dealing with share incentive schemes. 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.co.za . You are welcome to take a look!

In this episode I discuss a cost of using the relief in section 42 that is often overlooked. 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.co.za . You are welcome to take a look!

In this episode I explore the link between the allowance available under section 24C and the amount disclosed as revenue in advance in financial statements. 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.co.za . You are...