Paying Your CIBA Membership Fees: Income Tax and VAT implications
Paying professional membership fees is never easy, especially as the year ends and expenses pile up. However, did you know that with proper structuring, there are tax benefits you can claim on your CIBA membership fees? Whether you’re an employer covering fees for your team or an individual member paying out of pocket, understanding the VAT and income tax implications can help ease the financial burden. Don’t miss out on these valuable insights to make the most of your membership in 2025!
Motor Cars and VAT - A Practical Guide for Business
VAT rules for business vehicles can be complex. In this article we look at the definition of a 'motor car' and the consequences when claiming input VAT on vehicle purchases, modifications, and maintenance. Read more for practical examples, explanations and guidance on handling VAT adjustments if a vehicle’s purpose shifts from business to private use, ensuring accurate VAT treatment and compliance.
‘Reckless Conduct’ versus ‘Intentional Wrongdoing’ - The Accountability of Tax Practitioners
Tax practitioners must uphold the integrity of the tax system, but what happens when ethical lines are crossed? The recent case of Naraidu v The State shows just how severe the consequences can be. Involving fictitious VAT claims and a tax practitioner caught in the middle, the case takes us from a conviction of fraud to an acquittal on appeal. Was it reckless action or intentional wrongdoing? We highlight the key lessons every tax professional should learn from this dramatic courtroom saga.
Taxation Challenges in the Telecommunication Industry
Learn how the current tax regulations create challenges for the fast-growing telecommunications industry. This article breaks down how outdated tax rules, like Sections 12D and 11E, apply to modern infrastructure, and discusses VAT issues such as international roaming and bundled services. We also cover recent court cases involving Telkom and MTN to show how tax laws are being interpreted in this changing landscape.