select id_cat from cat_articole where parent_cat = 0 and denum_cat = 'Labour & HR'
303
Labour HR16
 
Our Products
Latest News

Managing your company's Human Resources just got easier!

Human Resources can be a complicated minefield of interpersonal relationships and employee wellbeing. Many people refer to it as the touchy-feely side of employee management. These people underestimate the importance of HR in any company for addressing the complicated physiology between [read more...]

If you wish you had constant access to a labour law expert, we have just the thing

Labour law is always changing, or at least it feels like it is. Really it's just that there are so many rules and pitfalls you need to be careful of. The law protects employees' rights so well that it's easy for you to break that law, without even realising it. This is why labour lawyers make [read more...]

Revealed: The one tool that'll help you manage your company's health and safety with the click of a button

Health and safety is confusing sometimes. You have so many responsibilities that it's easy to lose track. What would make your life some much easier is if you had a tool that could give you all the answers, templates, secrets and advice you need to run your company's workplace health and safety [read more...]

Solve double taxation problems in two easy steps

by , 25 April 2013
The world is a much smaller place today than it was 50 years ago. International investments are now common. Double tax agreements and different tax laws play a more significant role. Read on to discover how you can solve double taxation complications to maximise your savings, while staying compliant with international and local tax requirements.

International double taxation is the 'taxation of the same profits, in the same taxpayer's hands, in the same period, by two or more countries,' explains The Practical Tax Loose Leaf Service. This is also known as juridical double taxation.

But through unilateral relief and international tax treaty relief, you can avoid double taxation and maximise your savings.

Unilateral relief exists where no tax treaties are concluded. Countries use the unilateral relief method to 'avoid double taxation where that country can't conclude any double tax treaties with certain host countries,' says the Loose Leaf.

International treaty relief happens when countries enter into agreements with each other to eliminate or alleviate double taxation suffered by their residents in other countries.

Here's how to determine how you'll be taxed.

The two step solution to solving a double taxation problem

Step #1: Determine if you're a South African resident or not. If you are, then you'll be taxed in South Africa on your worldwide income, irrespective of its source. If you're a non-resident, you'll be taxed on your income or capital gain derived from a South African source or deemed source only.

Step #2: Consider if there's a problem of international double taxation. If you're subjected to taxation on the same profits, during the same period, in two or more countries, determine which country is afforded taxing rights.

'Where both countries have taxing rights, claim the foreign tax paid as a credit against your tax liability in the country where you are a resident,' says the Loose Leaf.

Using this two steps approach ensure you save and don't pay tax twice.



Labour and HR Club Top Question:

BBEE Codes of Good Practice

Is it true that the current BBEE Codes of Good Practice will change? [see the answer]

Related articles


Comments
0 comments




Hot Topics
Every year, SARS rejects 90% of all Vat Registrations. Don't become a statistic.
>>>more
Strikes can cripple your business - find out how to prevent them
>>>more
9 Golden rules of Performance Appraisals
>>>more
Make a dismissal stick, even if it goes to the CCMA
>>>more
You have to dismiss an employee, but do you know how?
>>>more
Exclusive report: Calling all HR managers - this is a must read!
>>>more
Improve your cash flow and eliminate simple accounting mistakes
>>>more
The HR resource that's making over 13 240 managers' lives MUCH easier!
>>>more
Cut your health and safety training bill by 80%
>>>more
Most Popular Articles
Related Products
40 Tools to Manage your Business Tax Risk

>>>more
Attention Employers! From the Department of Labour: Not displaying summaries of the EE Act and BCEA in the workplace is punishable by law

>>>more
Your 1 tool to 100% health and safety compliance is now available

>>>more
Do You Claim Every Input Tax Credit There Is?
Dear Reader,

Welcome to the Tax Bulletin and thank you so much for joining us!

To make sure you receive the Tax Bulletin please add
taxbulletin@newsletter.fspbusiness.co.za to your address book.

All you need to do is add taxbulletin@newsletter.fspbusiness.co.za to your 'safe senders' list to make sure your email service provider won't mistake the Tax Bulletin for spam.

Because I know you're interested in finding ways to reduce your tax risk, pay less tax and stay out of trouble with SARS, you should know the Tax Bulletin has been helping readers like you, with this, for over 11 years.

Are you an accountant or bookkeeper? Don't let an Excel problem interrupt your workflow

Over 5 920 Excel questions are searched on Google in South Africa every month...

If you're adding to that statistic, you'll know how hard it is to find a solution that specifically relates to your Excel problem.
But not anymore!
 
Click here to get Excel guru, Adrian Miric to solve it in the next five minutes.

 

Categories

Labour & HR - Employment equity | Employment contracts | Discipline and dismissal | Leave | Policies and Procedures | Performance Management
Workplace Safety - Personal Protective Equipment | COID | Risk Assessment | Health and Safety Training | Compliance | HSE Representatives
Tax - Capital Gains Tax | Provisional Tax | Turnover Tax | Donations Tax | Dividends Tax | Income Tax
Accounting | Vat | Our Products | Videos | DOWNLOADS | LATEST NEWS

TAG Cloud

MOI Labour Law Leave HR health and safety Employment Contracts Risk Assessment DISMISSAL Employment Equity Absenteeism IT14SD Strikes Discipline Construction CCMA Recruitment Employment terms and conditions First Aid Trade unions Health and Safety Representative Performance management Skills Development Act Basic Conditions of Employment Act Tax Accounting OHSA Allowances and deductions Tax Audit Capital Gains Tax Company cars Depreciation Dividends Donations Tax Employee taxes Exports and imports Fringe benefits PPE Input tax Medical expenses health and safety induction Provisional Tax Tax invoices Sars Tax returns Travel allowances Occupational Health and Safety Act Vat Vat registrations Vat refunds health and safety inspection Vat return COID


© 2014 Fspbusiness.co.za. All rights reserved.

Videos | Downloads | Contact Us | Privacy Policy | FAQ | Our Products | About Us | Our Experts | Disclaimer | Useful links

Disclaimer
Copyright 2014, Fleet Street Publications (Pty) Ltd. The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. No action or inaction should be taken based solely on the contents of this publication. We do research all our recommendations and articles thoroughly, but we disclaim all liability for any inaccuracies or omissions found in this publication. No part of this publication may be reproduced or transmitted in any form or by means of electronic or mechanical, including recording , photocopying, or via a computerised or electric storage or retrieval system without permission granted in writing from the publishers.

Stop employees abusing sick leave!

Find out how with the Labour Bulletin.

You'll also get all the news on changes in labour laws in the Labour Bulletin.

«
powered by
Fokus Digital Services