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Let’s join CEO George and his Finance Director James as they discuss a recent tax court decision on the question of valuing stock for tax purposes.
For years, this has been a bone of contention with SARS, leading to endless work, debate and argument.
Hopefully this new judgment will bring an end to all that, and clarity on which approach SARS must adopt. With luck, both less tax and less administration time are in the offing for business.
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We face mounting pressure to devote more and more of our busy lives (and more and more of our budgets!) to complying with all our tax obligations.
The good news is that, whether you are individual taxpayer, an SME, or a large corporate, you have a chance to be heard.
Take part now in SAICA’s new survey to determine the time and costs involved in tax compliance. The more statistically valid data SAICA has, the more successfully it can lobby government!
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Budget 2018 will be one of the most important since 1994, and the threat of substantial tax increases looms large.
Don’t miss this chance to submit your suggestions to the Minister of Finance before he makes his Budget Speech on Wednesday 21 February.
Share your thoughts and ideas with the Minister – he does read your tips and usually mentions some of them in his Speech.
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