Short lecture: Personal Service Providers and independent contractors

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Video: when to adjust income tax amounts for VAT (and when not to)

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FAQ: Is the s10B dividend exemption applicable to a resident with a 49% interest in 2 foreign Co.’s?

Q: My client owns a 49% equity stake in 2 foreign companies, namely Lesotho and Zimbabwe.

FAQ- Can the expenses incurred while a book is being written be deducted from the royalties from that book?

Author: SAIT Technical

Q: The taxpayer worked on a book from 2011 until 2013 and received the first royalties in 2014. Can the expenses incurred before the royalties were received be deducted from taxable income?

Interpretation of fiscal legislation

Author: Emil Brincker (DLA Cliffe Dekker Hofmeyr) 

The judgment of the Supreme Court of Appeal in Commissioner SARS v Bosch (394/2013) [2014] ZASCA 171 (19 November 2014) (Bosch case) dealing with the fiscal consequences of a deferred delivery transaction is not only important in the context of the meaning of simulation, but also with reference to the way in which legislation should be interpreted. In the Bosch case the question arose as to the meaning of s8A of the Income Tax Act, No 58 of 1962, which read that there was to be included in a taxpayer’s income an amount of any gain made by him by the exercise, cession or release during a year of assessment of any right to acquire a marketable security.