Graeme Palmer

Jan 14, 2025 | bizcommunity.com | Joon Chong |Chloë Loubser |Graeme Palmer

Advertise your job vacancies 2 days7 days30 daysBy Industry Show more Tax disputes under Chapter 9 of the Tax Administration Act 28 of 2011 (TAA) against the South African Revenue Service (Sars) can be a long drawn-out process. Joon Chong, Partner, Webber WentzelA taxpayer objects to an additional assessment issued by Sars on finalisation of a verification or audit. If the objection is disallowed, the taxpayer appeals the disallowance at the Tax Board or Tax Court.

Oct 15, 2024 | lexology.com | Greg Allen |Bill Loutit |Donna Hurley |Graeme Palmer |Hamish Harwood |Judith Cheyne | +11 more

The recent release of the report arising from the Finance and Expenditure Committee’s Inquiry into Climate Adaptation (Adaptation Report) provides some welcome direction for the future management of the impacts of climate change on buildings and land.

Oct 7, 2024 | irglobal.com | Graeme Palmer

The South African Revenue Service (“SARS”) has powers under section 179 of the Tax Administration Act, 2011 (“TAA”) to issue a notice to a person who holds or owes money to a taxpayer to pay such money over to SARS to settle a tax debt. Such notice is issued after giving a final demand for payment to the taxpayer setting out the recovery steps that SARS can take. The third party that receives such a notice from SARS must advise SARS of the reasons if it is unable to pay the money over to SARS.

Oct 7, 2024 | irglobal.com | Graeme Palmer

Section 59 of the Tax Administration Act (“TAA”) allows a South African Revenue Service (“SARS”) official to authorise an application for a warrant under which SARS may enter a premises where relevant material is kept, to search the premises and any person present on the premises and seize relevant material. SARS can apply ex parte to a judge for a warrant.

Oct 7, 2024 | irglobal.com | Graeme Palmer

On 25 July 2024, President Ramaphosa assented to the Companies Amendment Act, 2024 and the Companies Second Amendment Act, 2024, each of which will come into operation on a date to be fixed by the President by proclamation in the Gazette. Much has been written about the changes to the Companies Act, 2008 (“the Act”) with regards to the remuneration policies and reports which will need to be prepared by public and state-owned companies.