Mini budget: Nene talks of tax reform

Tax changes are likely to be introduced in February when Finance Minister Nhlanhla Nene tables his first full budget, he signalled on Wednesday in his medium-term policy statement.

Matthew Lester: Agric land switched to game farming coming back to bite SA

By Matthew Lester There is not much fun to be had when attending farmers’ days anymore. For years these functions used to be all about the droughts, floods or pests, lousy market prices and increasing fuel prices. We could generally drink out a solution. But now the land claims have opened up again and there … Read more

Prof Matthew Lester expands on new Davis Tax Committee report focusing on SME’s

A very large portion of the South African economic sector is informal, if small businesses don’t fall into the ‘informal’ category then it is likely that they will fit into the category of small to medium sized enterprises (SME). From a current economic standpoint, the country desperately needs SME’s to spring up in true entrepreneurial … Read more

Matthew Lester on SA’s Davis Tax Commission

A country’s tax system speaks volumes of its governmental, social and political standing. South Africa’s tax system is often the subject of multiple angles of scrutiny, as is any tax office in any democracy. The difference is that, in some country’s the critique is based on positive feedback. The South African Revenue Service (SARS) is … Read more