Across sub-Saharan Africa, revenue authorities are increasingly changing how they engage with small businesses. The traditional approach involved audits, penalties and inspections. But more recently many are investing in taxpayer education, “door-to-door” visits, and focusing on ways to make it easier to comply. The logic driving the change is that auditing every small trader is…
National Treasury published a discussion paper proposing a national online gambling tax. MTBPS 2026: South Africans will have to wait until the February 2027 budget to find out about government’s proposed national online gambling tax. This is according to finance minister Enoch Godongwana, during his presentation of the Medium-Term Budget Policy Statement today. Last year,…
Deloitte, the world’s biggest accountancy firm, helped in falsifying documents to hide Roman Abramovich’s wealth and evade tax, a BBC investigation has found. BBC Panorama and the Bureau for Investigative Journalism uncovered hundreds of documents that were falsified and backdated to conceal his wealth and evade tax. Roman Abramovich denies any wrongdoing. Watch the investigation…
The author, Telviva’s Martie de Beer Many businesses adopt multiple communication channels but fail to integrate them properly. This leaves information siloed, providing an incomplete understanding of the customer’s view of the business. And as competitors also adopt an omnichannel approach, how can they differentiate? Telviva solves this challenge by acting as the glue between…
Tough negotiations for a UN tax agreement have not yet resolved fundamental differences. African countries and other global south members are negotiating at the United Nations (UN) in New York to establish a UN Framework Convention on International Tax Cooperation for a fairer international tax system. This is to ensure multinational corporations pay appropriate tax…
Nigeria now has the highest headline capital gains tax rate among selected major African economies and one of the continent’s broadest regimes for taxing indirect transfers of Nigerian assets, according to a new report by PwC Nigeria. The report titled: “Nigeria’s Capital Gains Tax Reforms: What the New 30% Rate and Indirect Transfer Rules Mean…
Vodacom South Africa CEO Sitho Mdlalose. Five Vodacom executives and the company secretary have sold a combined 63 216 shares, worth about R9.93 million, to settle tax obligations arising from the vesting of shares awarded under the company’s conditional and forfeitable share plan. The transactions, disclosed in accordance with the JSE Listings Requirements, took place…
A growing appreciation of family-oriented leisure pastimes and rapidly increasing prosperity are driving demand for vessels from dinghies to yachts. Nelson Ching | Bloomberg | Getty Images Beijing is moving to clarify new tax rules on offshore trusts that have sowed confusion among wealthy Chinese citizens and their advisers. China’s State Taxation Administration is conducting…
The President H.E. Adama Barrow Thursday received in audience officials attending the annual Africa Tax Administration Forum Masterclass at the State House. The officials were led to the Presidency by the Commissioner General of the Gambia Revenue Authority, Yankuba Darboe, to brief and update the President on the objectives and outcomes of the meeting, which…
“Africa’s development cannot be outsourced. Sustainable development must ultimately be financed through domestic resources mobilised by strong and effective institutions,” says Gambia Revenue Authority Commissioner General Yankuba Darboe, who set the tone for the opening of the 7th Heads of Tax Administrations Master Class, at the Sir Dawda Kairaba Jawara International Conference Centre in Bijilo…
