Rendering of transport services by employers – More observations
Employers may provide employees with a transport service from their homes to the place of their employment. Such transport services constitute a taxable benefit in the hands of the employee (paragraph 2(e) of the Seventh Schedule) but may attract no value where certain requirements have been met (paragraph 10(2)(b) of the Seventh Schedule). For purposes […]
Rendering of transport services by employers – More observations
Employers may provide employees with a transport service from their homes to the place of their employment. Such transport services constitute a taxable benefit in the hands of the employee (paragraph 2(e) of the Seventh Schedule) but may attract no value where certain requirements have been met (paragraph 10(2)(b) of the Seventh Schedule). For purposes […]
EXEMPTION FOR FOREIGN SALARY EARNERS
South African tax resident individuals are liable to income tax on their worldwide income. In other words, where a South African tax resident individual were to earn a salary for employment which may from time-to-time be exercised outside of the borders of the Republic, that income earned is still included in that South African tax […]