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johang

Profile: Specialising in tax and exchange control, Johan spent time with PwC in the UK, the financial capital of the globe, and on his return spent 3 years with PwC Cape Town in the Corporate International Tax department before joining STBB as a candidate attorney in 2011. Johan practices within the Corporate Commercial department and has extensive commercial drafting experience with a specific focus on business acquisitions, going-concern transactions and advises on tax aspects of commercial and property-related transactions. Since 2015 Johan heads the Non-Resident practice within STBB. His expert services range from assisting foreign investors in remitting their proceeds from fixed property out of South Africa and drafting and regularising loan agreements through the SARB to obtaining Tax Directives and various types of Tax Clearance Certificates from SARS. As an admitted attorney, conveyancer and registered tax practitioner, Johan’s skill set makes him an invaluable asset in advising and assisting STBB’s diverse clients.

Newsflash | VAT Rate increased to 15%. Which rate applies to your transaction?

On 21 February 2018 the Minister of Finance, during the 2018 annual budget, announced that the VAT rate will increase by 1 percentage point to 15% effective from 1 April 2018. General VAT is essentially an inclusive tax, meaning that

Newsflash | 2018 Budget News

Minister of Finance, Mr Gigaba, delivered the National Treasury’s budget for 2018/2019 this afternoon. The following amendments stand out: VAT increases from 14% to 15% on 1 April 2018. Estate duty increases from 20% to 25% on dutiable portion of

Buchanan’s Brief | Issue 1 of 2017 | New Tax On Loans To Trusts

A new insert in the recently amended Income Tax Act sees interest-free and low- interest loans to trusts now made subject to donations tax of 20%. And not only does it apply to loans made from 1 March 2017, but

Trusts – Should You Be Charging Interest On Loans Made To A Trust

When will s7C apply? Clients who have made, as well as those who are considering making, interest-free or low-interest loans to trusts must take note of a recent inclusion to the Income Tax Act (“the Act”). This inclusion comes in

Newsflash | 2017 Budget News

Minister of Finance, Mr Pravin Gordon, delivered the National Treasury’s budget for 2017/2018 this afternoon. The following amendments stand out: Super Tax Bracket (Individuals) – 45% on income above R1,500,000 p.a. Trust Tax Rate increased to 45% (from 41%) Increase

Thought of the Week | Trusts – Tax Implications of Interest Free Loans

From 1 March 2017 new and existing interest free, or low interest loans made to trusts by a natural person or a company with a connected person relationship, will be subject to the tax implications of Section 7C. Effectively, the

Thought of the Week | Trusts – Interest On Loans

During the 2016 budget speech Minister Gordhan alluded to the amendment of the taxing provisions pertaining to loans made to trusts to curb the avoidance of estate duty and donations tax. The draft legislation will apply to “direct and indirect

Thought of the Week | Moved Abroad but Buying Property in SA

We receive many queries from South Africans who have moved abroad, seeking to buy property in South Africa and rent it out pending an anticipated future return. If you have not formally emigrated and have a South African ID, you

Thought of the Week | Remember to diarise “Odometer day”!

The Income Tax Act allows taxpayers who use their private vehicles for work purposes to claim a tax deduction from the allowance received. This excludes travel between your home and work place, which is regarded as private travel. To claim

Thought of the Week | Section 35A withholding tax on non-residents selling immovable property

A recent amendment to the Income Tax Act will treat the advance payment, a withholding tax of 5%, 7.5% or 10% of the sale proceeds required where a non-resident sells immovable property, as a final payment in certain circumstances. It

Newsflash | VAT Rate increased to 15%. Which rate applies to your transaction?

Newsflash | 2018 Budget News

Buchanan’s Brief | Issue 1 of 2017 | New Tax On Loans To Trusts

Trusts – Should You Be Charging Interest On Loans Made To A Trust

Newsflash | 2017 Budget News

Thought of the Week | Trusts – Tax Implications of Interest Free Loans

Thought of the Week | Trusts – Interest On Loans

Thought of the Week | Moved Abroad but Buying Property in SA

Thought of the Week | Remember to diarise “Odometer day”!

Thought of the Week | Section 35A withholding tax on non-residents selling immovable property

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