Tax

ADMINISTRATIVE PENALTIES FOR CORPORATE INCOME TAX (CIT) TO BE IMPOSED

Dear Taxpayer The following information is taken directly from a recent announcement by SARS. ADMINISTRATIVE PENALTIES FOR CORPORATE INCOME TAX (CIT) TO BE IMPOSED SARS will be imposing administrative penalties from December 2018 for outstanding Corporate Income Tax (CIT) returns. Administrative penalties will be imposed on companies that receive a final demand to submit a

ADMINISTRATIVE PENALTIES FOR CORPORATE INCOME TAX (CIT) TO BE IMPOSED 2018-12-06T12:56:02+00:00

Why HMRC needs to be restructured

25 May 2016 A LEADING East Staffordshire insolvency expert says the way HM Revenue and Customs is structured can undermine business and job rescue plans. Martin Smith, senior partner at Dains accountancy in Burton and Staffordshire spokesman for R3 Midlands, the insolvency trade body, said: "There are plans to restructure HMRC to operate from a

Why HMRC needs to be restructured 2018-08-26T18:48:09+00:00

Business rescue and tax

Chapter 6 of the Companies Act 71 of 2008 (the Companies Act) introduced the concept of Business Rescue. At the core of this process are the consideration, adoption and implementation of the business plan by the body of creditors. Read the full SAIT article here: http://bit.ly/23ofZey

Business rescue and tax 2018-08-26T18:48:10+00:00