The Supreme Court of Appeal recently delivered a landmark decision in Benhaus Mining v CSARS (165/2018) [2019] ZASCA 17, finding that Benhaus Mining (Pty) Ltd ('Benhaus …
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به خواندن ادامه دهیدThe contentious issue between SARS and Benhaus Mining (Pty) Ltd (Benhaus) was essentially whether income derived by a company that, in terms of a contract with …
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به خواندن ادامه دهیدIn Benhaus Mining (Pty) Ltd v Commissioner for the South African Revenue Service (165/2018) [2019] ZASCA 1, it was held that this special regime extended to contract miners who engage in mining operations, under a contract with the holder of a mining right, and who earn a determinable fee under such agreement. For a discussion …
به خواندن ادامه دهیدBenhaus Mining Mar 2014 - Present 9 years 8 months. Drill Rig Mechanic Blue Chip Mining Oct 2012 - Mar 2014 1 year 6 months. Kuruman Area, South Africa Education Hoërskool Wagpos - More activity by Tony An important milestone in surface drilling automation has been reached. ...
به خواندن ادامه دهیدFollowing two earlier judgments of the Tax Court regarding the applicability of the Redemption Allowance to contract miners, the recent decision of the Supreme Court of Appeal in Benhaus Mining (Pty) Ltd v Commissioner for the South African Revenue Service (165/2018) [2019] ZASCA 17 has provided greater clarity regarding the position …
به خواندن ادامه دهید[1] The principal issue in this appeal is whether the appellant, Benhaus Mining (Pty) Ltd (Benhaus), derived income from mining operations in the tax years 2005 to 2009, such that it was entitled to claim deductions of capital expenditure in terms of s 15 read with s 36(7C) of the Income Tax Act 58 of 1968 (the Act) in the tax years
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به خواندن ادامه دهیدThe contentious issue between SARS and Benhaus Mining (Pty) Ltd (Benhaus) was essentially whether income derived by a company that, in terms of a contract with another company, excavates and removes topsoil, blasts rock, extracts, crushes, and screens the chrome-bearing ore, and delivers it, for a predetermined fee, …
به خواندن ادامه دهیدBenhaus is known for providing mining services using the highest safety and mining standards. We recognise the need to provide for the safety and occupational health of all …
به خواندن ادامه دهیدThe definition of "mining" in section 1 remains unchanged, accordingly taxpayers that are conducting "mining" per the definition in section 1 of the ITA (which in terms of the recent case of Benhaus Mining (refer above) will include contract mining activities depending on the circumstances) will be precluded from claiming capital …
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به خواندن ادامه دهید1 - Benhaus Mining v CSARS (165/2018) [2019] ZASCA 17 (22 March 2019) 2 - A prospecting right is separate to a mining right as defined in section 1 of the MPRDA. Disclaimer . These materials are provided for general information purposes only and do not constitute legal or other professional advice. While every effort is made to update the ...
به خواندن ادامه دهیدDirector at Benhaus Mining · Experience: Benhaus Mining · Location: City of Johannesburg. View Themba Khumalo's profile on LinkedIn, a professional community of 1 billion members.
به خواندن ادامه دهیدFollowing the Supreme Court of Appeal's (SCA) decision in Benhaus Mining (Pty) Ltd v Commissionerfor the South African Revenue Service (165/2018) [2019] ZASCA 1, contract miners have been able toaccess an accelerated capital deduction regime regarding their mining activities. In the DraftTaxation Laws Amendment Bill, …
به خواندن ادامه دهیدHall Number: 9 Stand Number: B17. About. Beowolf Mining is your strategic supplier for the mining and quarrying industry. We offer a complete range of drilling consumables to satisfy your requirements. ... Assmang and various opencast aswell as underground mining contractors. Benhaus Molori is the proud distributor of the Korean manufactured ...
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به خواندن ادامه دهیدbenhaus mining Pay & Benefits reviews Review this company. Job Title. All. Location. South Africa 10 reviews. Ratings by category. Clear. 2.9 Work-Life Balance.
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به خواندن ادامه دهیدThe Supreme Court of Appeal recently delivered a landmark decision in Benhaus Mining v CSARS (165/2018) [2019] ZASCA 17, finding that Benhaus Mining (Pty) Ltd ('Benhaus Mining'), a contract miner, is entitled to the favourable, accelerated mining capital expenditure allowance ('the mining capex allowance') in terms of section 15(a) read …
به خواندن ادامه دهیدMining by its nature requires large initial capital outlays and in recognition of this the Actprovides for an accelerated deduction of such capital expenditure by miners. In Benhaus Mining (Pty)Ltd v Commissioner for the South African Revenue Service (165/2018) [2019] ZASCA 1, it was held thatthis special regime extended to contract …
به خواندن ادامه دهیدSenior Business Consultant at BENHAUS MINING SERVICES · Self driven individual with the privilege to be part of the victories as well as the challenges organisations face for more than 13 years. Learning and adapting to an ever changing business arena. · Experience: BENHAUS MINING SERVICES · Education: North-West University / Noordwes …
به خواندن ادامه دهیدBenhaus also invested in the acquisition of simulators to enhance the skill of operators including excavator, dump truck and bulldozer training. We adhere and believe in recognition of prior learning. References Pilanesberg Platinum (North West) Sun City. Bokoni Platinum Mine (Anglo) Limpopo.
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به خواندن ادامه دهیدHowever, the recent judgement of the Supreme Court of Appeal, Benhaus Mining (Pty) Ltd v CSARS 2020 (3) SA 325 (SCA) (Benhaus), rightfully or wrongfully, …
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