Bitcoin transactions may be taxed by South African revenue service

Bitcoin transactions may be taxed by South African revenue service
CAPETWON: The South African Revenue Service (SARS) is reportedly in discussions with top technology companies from around the world to track and tax bitcoin transactions. SARS is the tax collecting agency of the South African government. It was established …
Bitcoin transactions may be taxed by South African revenue service

How many millionaires are there in South Africa?

How many millionaires are there in South Africa?
Every year, the South African Revenue Service (SARS) publishes data on the tax revenue it collects. It has all sorts of interesting info – including how many millionaires there are in the country (by income). If you’re interested in crunching the …
How many millionaires are there in South Africa?

South Africa: SARS to Collect Sugar Tax From April 2018

South Africa: SARS to Collect Sugar Tax From April 2018
The South African Revenue Service will collect the Sugary Beverages Levy (SBL) from 1 April 2018. The levy is fixed at 2.1 cents per gram of the sugar content that exceeds four grams per 100ml, which means the first four grams per 100ml are levy free.
South Africa: SARS to Collect Sugar Tax From April 2018

South Africa Wants to Track and Tax Bitcoin Trading

South Africa Wants to Track and Tax Bitcoin Trading
This has prompted the South African Revenue Service (Sars) to explore ways to ensure it gets its cut from all the action. The agency is reportedly in talks with leading international technology companies to find an efficient method to track cryptocurrency …
South Africa Wants to Track and Tax Bitcoin Trading

This is how many South Africans are earning R1 million or more a year

This is how many South Africans are earning R1 million or more a year
SARS has published its annual tax statistics, showing the breakdown of South African taxpayers, and which salary ranges they fall under. The overall data showed that revenue from personal income tax (PIT), as a percentage of total tax revenue, increased …
This is how many South Africans are earning R1 million or more a year

Just 340 corporations pay most of SA’s company tax

Just 340 corporations pay most of SA’s company tax
Johannesburg – A relatively small number of businesses pay the majority of South Africa’s corporate income tax. So said Randall Carolissen, research head at the SA Revenue Service (SARS), this week during the release of the annual Tax Statistics Bulletin …
Just 340 corporations pay most of SA’s company tax