09/19/2011 - 15:18

On 17 August 2011 a press release was issued to follow up the proposed changes to the various tax laws as announced on 21 July 2011.
 
Except for the changes listed below, the proposed changes as...

10/29/2010 - 13:09

In the Government Gazette No. 4530 of 30 July, the Minister of Labour and Social Welfare stated the following amendments to the regulations of the Social Security Act.

10/29/2010 - 13:06

Consider structuring your property transactions three dimensionally.

Since the introduction of capital gains tax, (CGT) the investment in and sale of investment properties and the taxation consequences...

10/29/2010 - 12:46

Claim of input tax paid on goods imported

Section 18(1)(a)(ii) of the Value Added Tax Act, 2000 (Act No. 10 of 2000), as amended, (“the VAT Act”)

This practice notes...

10/29/2010 - 12:36

Tax filing season is underway and deadlines for postal submissions have already expired, don’t miss the eFiling submission.

There are penalties for failure to submit returns or changes in personal...

10/29/2010 - 12:19

The Ministry of Finance, Inland Revenue Department has made an important policy change with regards to the claiming of Import VAT.

Currently the taxpayer is claiming back the Import VAT on the VAT return in...

07/15/2010 - 22:16

The Ministry of Finance issued a press statement with regards to the issuing of certificates of good standing for tax purposes, last week. 

The Ministry of Finance wish to remind all tenderers that it is a...

07/09/2010 - 10:31

The Ministry of Lands and Resettlement stated in a Media Release, issued on Friday the 2nd of July, that the land tax assessments for the financial year 2009/2010 were posted on the 22nd of June 2010.  The...

06/14/2010 - 10:19

New regulations regarding the issuing of cheques to and by the Ministry of Finance was recently announced in the Government Gazette and will be effective from 10 June 2010.

04/15/2010 - 17:08

BDO International releases the April issue of the quarterly newsletter, World Wide Tax News. This newsletter summarises important recent tax developments of international interest across the world. If you would like...