By Matthew Lester There is going to be heated debate in retirement planning circles as a result of the proposed amendment to implement annuitisation requirements on provident funds with effect from 1 March 2015. Don’t panic. National Treasury has observed the vested right of provident fund members to be exempt from the new requirements. … Read more
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
From the outset, Biznews.com was designed to encourage South Africa’s brightest minds to share their research and opinions with a broader audience. As the site has developed, it has become the preferred platform for industry leaders like Clive Simpkins, Cees Bruggemans and now SA’s favourite tax advisor, Prof Matthew Lester. For more than a decade … Read more