News from PKF VGA
Landline: +27 (0)10 595 9610Email: info.vga@pkf.co.za
On 18 June 2017, Medtronic International Trading (“the Taxpayer”) concluded a Voluntary Disclosure Programme (“VDP”) with the South African Revenue Services (“SARS”) as the result of fraudulent transactions of a former employee.
It is no secret that revenue authorities take a keen interest in the unexplained wealth of individuals.
In some instances, for example, where wealth is prominently displayed on social media, it may be relatively easy for the South African Revenue Service (“SARS”) to gather information...
Welcome to the August addition of the PKF South Africa Tax Newsletter covering Provisional Tax payment, information on SARS audits, Key man insurance policy tax and Limitation on use of assessed losses
