Nigeria anticipates a substantial increase in revenue collections this year as it implements plans to revamp its tax system, yielding positive results. The Federal Inland Revenue Service projects a 57%…
Browsing: Tax
Excise taxes have long been used by governments around the world to discourage the consumption of products such as alcohol and tobacco, with the goal of protecting public health. In…
Property investment in the South African property market presents many challenges for those looking to enter it. Plus, it requires a comprehensive understanding of the landscape and access to reliable…
The South African Revenue Service (SARS) works together with recognized controlling bodies (RCBs) to regulate the tax profession. The goal is to establish consistent standards and enforce rules to improve…
Finance Minister Enoch Godongwana has highlighted the need for African countries to prioritize tax transparency as a strategy to combat tax evasion and illicit financial flows. He expressed concern about…
Should you have a tax-free savings account or not? It seems as if it is the ideal vehicle to save in, regardless of the goal or time horizon, because the…
According to CIPC’s report, Non-compliance is still rising in South Africa as SMEs fail to submit their annual returns. 72% of companies in South Africa have failed to submit their…
Harbour Energy, the UK’s largest oil and gas producer, has announced that it expects to cut 350 onshore jobs in the country. The company cited the UK government’s windfall tax…
In his budget speech, Finance Minister Enoch Godongwana has announced an increase in taxes on cigarettes and alcohol. Godongwana said the government will raise taxes on cigarettes and alcohol in…
The South African Revenue Service (SARS) has welcomed the arrest of one of its employees who was jailed for seven years. SARS said anyone who broke the law deserved the…
