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South Africa's proposed chrome ore export tax will hurt miners' profitability and lead to job losses across the sector, the ...
Using the OECD’s latest comparative tax tables for 2021, South Africa’s average tax rate comes in on the lower end compared to partner nations – with the OECD average sitting at 24.5%.
Section 9(2)(i) of the Income Tax Act deems these amounts to be from a South African source, meaning they remain within South Africa’s taxing jurisdiction even if the individual is no longer a ...
CAPE TOWN, May 21 (Xinhua) -- South African Finance Minister Enoch Godongwana re-tabled the 2025 Budget before the parliament on Wednesday, excluding the contentious value-added tax (VAT) increase ...
Previously, individuals ceasing tax residency in South Africa (i.e., undergoing a residency cessation / financial emigration process) could withdraw their retirement funds, in full, upon the ...