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[15 Jan 2009 | No Comment | 164 views]

The Revenue Laws Amendment Act, 2008, which was promulgated on January 8, 2009, has introduced a simplified tax system for many businesses in South Africa with an annual turnover of up to ZAR1m (USD100,380), which is designed to substantially reduce tax compliance costs for qualifying businesses.

Tax News »

[15 Jan 2009 | No Comment | 222 views]

Pressure to bolster the economy against the effects of the current financial downturn has prompted the Australian government to consider accelerating its tax cut proposals by as much as twelve months, it has been revealed.