Joon Chong

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 3, 2024 | polity.org.za | Joon Chong

The Constitutional Court (CC) handed down judgement on The Thistle Trust v Commissioner for South African Revenue Service CCT 337/22 on 2 October 2023. The facts of the dispute were common causes. The Thistle Trust (Trust) received distributions of capital gains from Zenprop, which is a group of trusts. The Trust then distributed the capital gains to its beneficiaries and the capital gains were taxed in the hands of the beneficiaries.

Oct 3, 2024 | lexology.com | Joon Chong

The Constitutional Court (CC) handed down judgement on The Thistle Trust v Commissioner for South African Revenue Service CCT 337/22 on 2 October 2023. The facts of the dispute were common cause. The Thistle Trust (Trust) received distributions of capital gains from Zenprop, which is a group of trusts. The Trust then distributed the capital gains to its beneficiaries and the capital gains were taxed in the hands of the beneficiaries.

Aug 20, 2024 | bizcommunity.com | Lindsey Schutters |Joon Chong |Katja Hamilton

Advertise your job vacancies 2 days7 days30 daysBy Industry Show more The South African Revenue Service (Sars) offers a range of tax incentives and relief measures aimed at supporting the growth and sustainability of small to medium-sized enterprises (SMMEs). These measures are designed to reduce the financial burden on SMMEs and promote economic development, job creation, and investment.

Jun 8, 2024 | bizcommunity.com | Lindsey Schutters |Joon Chong |Katja Hamilton

With tax season in full swing, taxpayers are once again at the mercy of the Revenue Service to process their tax returns. In 2023, it was reported that Sars processes approximately 5.4 million tax returns annually, including returns from both individual and corporate taxpayers. The auto-assessment system introduced by Sars in 2020 has helped streamline the process, although a substantial volume of returns is still handled manually through eFiling and the Sars MobiApp.