Government, parliamentary and legislative information on financial matters, including National Treasury and SARS.

Davis Tax Committee Issues Closing Report

National Treasury

The Davis Tax Committee (DTC) has concluded its work.

In a statement, the DTC expressed the hope that it had delivered on its mandate and that it has “served the needs of South Africa well despite its challenges.”

SARS Outlines Stance on Cryptocurrencies

South African Revenue Service

Taxpayers will be expected to declare all cryptocurrency-related taxable income in the tax year in which it is received or accrued.

The South African Revenue Service (SARS) announced this in a statement outlining its stance on how cryptocurrencies are to be taxed.

Financial Sector Regulation Act in Effect

National Treasury

The Financial Sector Regulation Act has come into effect.

National treasury published the commencement notice in Government Gazette 41549.

Latest Gazette Notices

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