Tax Break

Consider the following scenario: you, or perhaps your client, owns a small business. The time has arrived, as with many small businesses, to sell - whether the business has reached a point where it requires a larger structure to grow, perhaps an opportunity to sell arose, or the owner and operator may just no longer be interested in conducting it - so CGT is on the cards. The CGT rules in the Eighth Schedule to the Income Tax Act provide for an exclusion. When will the owner qualify for this exclusion? In this episode, I share practical considerations regarding the exclusions I have encountered.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode, would like to suggest a topic for a future episode or require tax advice.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

When thinking about VAT and grants, your first instinct is probably that there should not be VAT on a grant. In this episode, I look at a tax court case that illustrates the importance of being careful when dealing with VAT and grants, as this can be more complex than it seems at first.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode, would like to suggest a topic for a future episode or require tax advice.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

Many companies, both large and small, use share incentives for key staff members to align their objectives with those of the company. Design may look different between - for example, listed / private company. However, the tax considerations at the core of the schemes are actually very similar - so question is then, what are these key tax matters to consider? In this episode, I discuss some of the considerations highlighted in a recent ruling, BCR91.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode, would like to suggest a topic for a future episode or require tax advice.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

If a company makes payments to a related party of its shareholder, the question arises whether this is a dividend, or perhaps rather a donation? SARS recently issued Binding Private Ruling 423 on a set of facts involving this question. In this episode, I discuss the ruling and the underlying principles.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

The National Treasury published the 2025 tax laws amendment bills on 12 November 2025. In this episode, I discuss the amendments to the USP regime.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

The National Treasury published the 2025 tax laws amendment bills on 12 November 2025. In this episode, I discuss the amendments relating VAT on supplies by schools.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

The National Treasury published the 2025 tax laws amendment bills on 12 November 2025. In this episode, I highlight some of the key amendments in these bills.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

Taxpayers can obtain certainty on uncertain tax positions by requesting an advance tax ruling from SARS. In this episode, I discuss some of the requirements for such rulings that you may have to bear in mind when evaluating this course of action.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

Taxpayers may value closing stock at less than its cost in certain circumstances. SARS recently issued Interpretation Note 140 on this topic. In this episode, I discuss some of SARS’ views from the interpretation note.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

Taxpayers may request SARS to reduce assessments in the case of readily apparent undisputed errors. SARS recently issued a draft interpretation note on this topic. In this episode, I highlight some key views in this draft interpretation note.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

Taxpayers who submit information to SARS during a dispute are often anxious to receive a response. In this episode, I discuss som timeframes that the law provides for some responses.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

Many anti-avoidance rules rely on a connected person relationship as a trigger to apply. In this episode, I discuss the definition of a connected person to a trust.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

The VAT Act contains specific provisions dealing with agents. In this episode, I discuss some of the key provisions that apply to agency relationships.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

SARS recently established a specialised segment focusing on influencers. In this episode, I share a few thoughts on some of the tax considerations that this category of taxpayer may need to think about.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

If a taxpayer is aggrieved by certain decisions or an assessment, they may object against it. In this episode, I discuss a recent tax court case where the court considered whether SARS’ reasons provided to the taxpayer were sufficient.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

The National Treasury published the draft tax law amendment bills for comment on 16 August 2025. The draft bills include proposed affecting section 8E and also how CIS yields are taxed. In this episode, I discuss the latest development affecting the section 8E proposals as well as the proposed changes to the taxation of CIS yields.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

The National Treasury published the draft tax law amendment bills for comment on 16 August 2025. The draft bills include a proposal affecting understatement penalties and the roleof bona fide inadvertent errors. In this episode, I discuss the proposed changes and share my initial thoughts about it.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

The National Treasury published the draft tax law amendment bills for comment on 16 August 2025. The draft bills include a proposal relating to section 20A, which deals with ring-fencing of losses from certain suspect trades. In this episode, I discussthe proposed changes and share my initial thoughts about it.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

The National Treasury published the draft tax law amendment bills for comment on 16 August 2025. A significant proposal relates to section 8E, which deals with hybrid equity instruments. In this episode, I discuss the proposed changes and share my initial thoughts about it.You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

Provisional tax is one of the mechanisms used to collect income tax. Whether an individual is a provisional taxpayer or not, amongst others, affect when they need to submit their incometax returns. In this episode, I consider the definition of a provisional taxpayer. You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!