Covid-19: Important Tax Related Matters

Possible tax interventions to mitigate the economic effects of the COVID-19 pandemic in the South African context SAICA made a submission to SARS on 17 March 2020, requesting the Commissioner of SARS to consider various aspects regarding tax compliance due to COVID-19. The Tax Administration Act, 2011 provides for the potential remission of penalties and…

Covid-19: Tax relief proposed by the President

Covid-19: Tax relief proposed by the President By Graham Viljoen, Nina Keyser, Shirleen Ritchie, Yashika Govind, Lumen Moolman and Bianca de Klerk from Webber Wentzel The address by President Cyril Ramaphosa on Monday, 23 March 2020, set out certain fiscal relief measures to help small and medium enterprises (SMEs) and vulnerable firms mitigate cash flow…