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Taxation Services
The Tax Practice is driven by a desire to build lasting,
mutually fruitful relationships with clients.
We seek to address the unique needs of clients by
continually striving for cost effective, value-added solutions to their problems. We work
closely with our clients as part of the Client Service Team in order to be in a position
to be proactive and innovative in the identification of opportunities and development of
new services. |
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Product description
Our services focus on four key areas.
They are:
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Virtual library
- Tax letter 11 - January
1999
In this edition of the tax letter,
KPMG talks about the change to the treatment of reimbursive travel allowances, the
amendment to regulation 6 of the tax holiday regulations, and new IRP5s - disclosure of
non-taxable income, taxman bites at Sanlam shares, double tax treaty developments, VAT
update, global corporate tax rates on the decline and budget notice.
- Tax letter 11 - November
1998
KPMG looks at interest rates hikes,
employee share incentive schemes and proposed legislative changes.
- Tax letter 10 - November
1998
Estate duty - basic principles and
planning, independent contractors/labour brokers, interest paid - section 11(a) deduction
and Banking Insider are debated in this edition.
- Tax letter 8 - August 1998
Issues such as the foreign exchange differences - S24I(7A),
employees tax - the new IRP 10 (a) and surplus assets in pension funds - proposed
amendments - take the stage in this tax letter.
- Tax letter 7 - July 1998
The KPMG Tax Services practices cover
post-retirement medical costs, understanding the new uncertificated securities tax act,
practice notes, and some historical information on taxes in South Africa - and a
comparison to the current position in this edition.
- Tax letter 6 - June 1998
Don't understand the tax implications of restraint undertakings;
reimbursive travelling allowance being subject to PAYE; or medical aid contributions? Then
look no further, as the KPMG tax fundis cover these issues here.
- Tax letter 5 - May 1998
In this edition of the tax letter, KPMG deals with the current
requirements on related party transactions and the new accounting statement AC126, issued
by the South African Institute of Chartered Accountants; this deals with the disclosure
requirements in the annual financial statements in respect of these transactions.
- Tax letter 3 - March 1998
Covered in this issue: retirement - an option worthy of
consideration; estate planning - are trusts still effective; value-added tax - disposal of
property by a vendor; limitation on current pension fund contributions; medical aid
schemes - comparison of various options with effect from 1 April 1998 and Budget in Brief.
- Tax letter 2 - February
1998
This letter covers the appointment of
KPMG's international executive tax specialist, work permits, thin capitalisation pre-year
end planning, double tax treaties, exchange control - emigration, section 8(1)(b)(cc) of
the act - vehicle used primarily for business purposes and current status of South African
double tax treaties.
- Tax letter 1 - January 1998
Retirement funds and whether they are still good mediums of
investment for retirement funding is discussed in the first edition of the 1998 tax
letters.
- Download Tax Book 1998/99
For a complete list of material available on our internet
site, go to our virtual library. |
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Contact us
For further information, please contact one of our KPMG
Taxation Services partners.
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