EXPLORE CENTURION

Thought Leadership

Key Changes in the Finance Act 2021

On 8 December, the National Assembly received the 2021 Finance Bill (the Bill) for consideration and eventual passage. As a build-on of the 2020 version, the Bill seeks to amend multiple laws such as the; the Capital Gains Act; Stamp Duties Act, Personal Income Tax Act; Companies Income Tax Act; Tertiary Education Trust Fund (Establishment Act) etc.

Read More

South African Revenue Service (Sars) Implements New Rules for the Customs and Excise Client Accreditation

The South African Revenue Service (SARS) is established in terms of the South African Revenue Service Act 34 of 1997 as an autonomous agency, which is responsible for administering the South African tax system and customs service. SARS recently implemented new rules under section 64E of the Customs and Excise Act No.91 of 1964 (“the Act”).  The old Rules which provided for accredited client status have been repealed in their entirety and replaced by a new set of Rules. This new set of rules became effective on 23 July 2021.

Read More

Recent Amendments in the Mozambican Investment Law Regulation

Investment has played a pivotal role in the economic development of Mozambique. It has been recorded that the country has been one of the ‘fastest-growing economies’ on the African continent for the last two and a half decades wherein it has outdone both regional and global growth averages with its rich oil and gas reserves that

Read More

Mauritius; End of the Grandfathering Era – What Next?

The Mauritian Global Business regime has currently been undergoing various changes designed at enhancing the attractiveness and competitiveness of the Mauritius International Financial Centre (IFC), in line with the Organization for Economic Cooperation and Development (OECD)’s BEPS initiatives.

Read More