When is tax planning “too clever”? A new court case sheds some light
By Suzanne Smit If you’ve ever wondered whether it is legal to arrange your affairs to pay less tax, the tax court has just given us new insight and it’s more nuanced than a simple “yes” or “no”. Company AF (Pty) Ltd v the Commissioner of SARS (“the case”) has taken another look at our General Anti-Avoidance […]
Is poor tax compliance akin to culpable homicide?
by Suzanne Smit, Fiduciary and Tax Consultant New tax laws recently removed the term “wilful” in order to include both intentional and negligent conduct within the ambit of the criminal offences As part of its efforts to tighten enforcement, the South African Revenue Service (“SARS”) has tightened the law for non-compliance. Wilful intent is […]