When safe becomes risky: Inflation’s quiet tax on your savings
Moneyweb warns that overly conservative investment choices, such as holding large amounts of cash or prioritising capital certainty, can expose savers to a hidden but significant risk: inflation. While these strategies may reduce short‑term market volatility, returns that fail to keep pace with rising prices steadily erode purchasing power, undermining long‑term financial goals such as retirement or income sustainability. The article highlights the importance of focusing on real returns and outcome‑based planning rather than perceived safety alone. Read why this matters for tax payers.
5-minute read
SARS must play by the rules: recent court cases emphasise taxpayer rights
Recent court decisions in South Africa have reinforced the principle that South African Revenue Service (SARS) must adhere strictly to the rule of law when exercising its powers. The judgments highlight that SARS is required to act lawfully, reasonably, and in line with prescribed procedures, with courts increasingly willing to intervene where these standards are not met. Importantly, the rulings underscore that while taxpayer rights are robustly protected, they must be actively asserted through the appropriate dispute resolution mechanisms. This evolving jurisprudence signals a growing emphasis on accountability and procedural fairness within the tax administration system.
2-minute read
Could a mining tax incentive create R15.8bn in revenue per successful mine
South Africa could significantly boost revenue and revive its struggling mining exploration sector by adopting a Canadian‑style “flow‑through share” tax incentive for junior miners, according to a recent report cited by Business Day.
3-minute read
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