View the collection of Deloitte South Africa press releases....
| Personal taxman for richest 500 |
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15 February 2007 |
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The latest status symbol to have your own taxman. The 500 wealthiest people in the country have been sent letters by the South African Revenue Service SARS in forming them that they will be assigned their own individual tax assessor.
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| Exchange controls, incentives to save tipped for budget |
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14 February 2007 |
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World Cup incentives further relaxation of exchange controls greater incentives to save and a possible windfall tax on the petroleum industry were tipped yesterday as being likely to be covered in Finance Minister Trevor Manuel's budget next week. Deloitte South Africa tax director Bill Joubert said a further relaxation in exchange controls could happen but it was unlikely the regulations would be abolished altogether.
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| Jan Taks vanjaar dalk heel toegeeflik |
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14 February 2007 |
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Toegewings vir individue in die middel en laerinkom stegroepe n verlagtng van sekondere belasting op maatskappye. SBM klem op teenvermydingskemas en aankondigings oor die hantering van aftreegeld en wat die beplande nuwe welsynbelasting gaan behels, is in die bree die hoogtepunte aan die belastingfront wat kundiges van Deloitte van volgende week se begroting verwag. |
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| Low earners 'to get tax break' |
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14 February 2007 |
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The National Treasury is likely to focus on easing tax obligations for low income earners, small businesses and BEE deals, according to auditing firm Deloitte, which held a budgetary preview press conference yesterday. Last year Finance Minister Trevor Manuel said: "This is the year of plenty when all South Africans will reap the fruits of economic growth." In that budget tax cuts for individuals added up to R19,l billion with a net benefit for individuals of R12, 1bn. |
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| National budget likely to favour low earners |
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14 February 2007 |
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The treasury will focus on easing tax obligations for low income earners small businesses and black economic empowerment deals auditing firm Deloitte said yesterday.
Last year Finance Minister Trevor Manuel said:"This is the year of plenty when all South Africans will reap the fruits of economic growth."
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| Sasol tax 'might be a budget day item' |
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14 February 2007 |
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The way large groups were taxed and the possibility of a windfall tax on Sasol profits were among the changes thatmight arise from the budget next Wednesday, Deloitte tax partner, Christopher Clarke predicted yesterday.
Clark suggested this year's budget was likely to hold few big surpirses for consumers and corporations because of earlier pronouncements by government in the medium-term budget framework... |
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| Deloitte 2007 Budget Expectations |
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13 February 2007 |
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View our expectations on:
Corporate Tax
Financial Institutions
Indirect Tax – Customs &... |
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| The China M&A landscape |
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16 January 2007 |
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Most discussions about the active mergers and acquisitions market in China, excluding Hong Kong, quickly turn to China’s rapidly developing regulatory environment. “Generally China’s inbound cross-border M&A market activity is robust,” says Mark Casey, partner responsible for private equity services and the Chinese Services Group at Deloitte Southern Africa. “The regulatory environment, however, is a little unsettled. There has been a lot of regulatory activity lately that overall could give foreign buyers pause for consideration in China.” Specifically, Casey says, “some of the new rules announced in 2006 have added to the number of... |
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| Deloitte analyses top trends for the media industry for 2007 |
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16 January 2007 |
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The Technology, Media and Telecommunications (TMT) practice at Deloitte yesterday announced its predictions for the media sector for 2007, forecasting that social networking sites will tap into a larger profitable market by charging for privacy. Danie Crowther, head of Deloitte’s TMT practice, comments: “Social networking’s appeal has so far been strongest amongst younger demographic groups. However in 2007, social networking companies will look to extend their appeal, as they seek further potential revenues. Older age groups could prove to be a lucrative opportunity for online social networks as... |
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| Deloitte identifies and analyses top trends for the telecoms industry for 2007 |
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16 January 2007 |
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The Technology, Media and Telecommunications (TMT) practice at Deloitte yesterday announced its predictions for the telecoms sector for 2007, forecasting that broadband appliances that do not need a PC will vastly increase Internet use. Danie Crowther, telecoms partner at Deloitte,... |
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