BUDGET SPEECH 2020
Explanatory Discussion: Budget Speech 2020 https://vimeo.com/393976808 Summary Document Unicus Tax Specialists SA – Budget Speech Summary 2020 SARS Tax Pocket Guide SARS Tax Pocket Guide
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Should Deposits be Included in Gross Income?
The question of whether deposits should be included in a taxpayer’s gross income has become a contentious topic in recent months following SARS’ increased interest in deposits. Taxpayers are, typically following submission of the ITR14 and subsequent IT14SD, requested to explain why deposits should not be included in gross income. In our view, the rationale…
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