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06
Apr
Lesotho Tax Tables Update
On 24 March 2023, The Minister of Finance published the Income Tax (Amendment of Monetary Amounts) Regulation (Legal Notice No.23 of 2023), containing the new tax rates effective 1 April 2023:
• the tax credit has been adjusted from M10 560.00 to M1...
03
Apr
South Africa Official Rate of Interest Change
The South Africa official rate of interest or “official rate of interest” for calculating the taxable benefit on low interest or interest-free loans has increased by 0.50% with effect from 01 April 2023.
Click here for the South African Reserve Ba...
29
Mar
What to Expect From the SARS Interest Rates in 2023
If you were hoping that the SARS interest rates for 2023 would be better than those in 2022, then we hate to disappoint you. While they do remain high and SARS (The South African Revenue Service) has increased their interest rates, it is important to...