June 27, 2022

Exposure Draft of the Proposed IRBA Rules Arising from the adoption of ISQM

IRBA issued an exposure draft of the Proposed IRBA Rules Arising from the International Standards on Quality Management (The proposed IRBA Rules) for public comment. Information The exposure draft highlights the following proposed IRBA rules: Proposed Rule 1: Firm Chief Executive Officer (CEO) A firm’s CEO should be a registered auditor (RA), subject to firms …

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IFAC calls on global business leadership to drive trust and sustainable value creation by championing an “integrated mindset”

Assurance / By Eszter Rapanos

New IFAC initiative highlights the critical role of CFOs and finance functions in enabling an integrated mindset Jun 14, 2022 Information and implication Functional and information silos within organizations are barriers to delivering high-quality sustainability-related information, which is necessary for decision making and trustworthy corporate reporting. Boards and CEOs are turning to CFOs and finance …

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Value-Added Tax Act Schedule 1 amendment to motor vehicles

Maintain, Tax / By Eszter Rapanos

Following the changes to the Customs act, Schedule 1 to the Value-Added Tax Act, 1991 was amended to include licensed customs and excise storage warehouses as places where diplomats maybe able to obtain new motor vehicles. Information Paragraph 8 of Schedule 1 to the Act was amended to include new vehicles obtained from a licensed …

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Amendment of Rules: Selling duty free motor vehicles to diplomats

Tax / By Eszter Rapanos

Customs and Excise Act, 1964 Amendment of Rules Implementation date: 24 June 2022 SARS Notice R 2188 identifies who may sell new motor vehicles free of duty to persons entitled to diplomatic immunities or privileges Information The following persons may now sell new motor vehicles free of duty to persons entitled to diplomatic immunities or …

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SARS Release submission dates 2022 Income Tax Returns

Tax / By Eszter Rapanos

3 June 2022 Notice: The notice provides definitions of individual who must and those who are not required submit an income tax return for the 2022 financial year. Deadlines for submission of income tax returns were published. Information: Final dates to submit income tax returns: (a) companies, within 12 months from the date on which …

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Exposure Draft of the Proposed IRBA Rules Arising from the adoption of ISQM

IFAC calls on global business leadership to drive trust and sustainable value creation by championing an “integrated mindset”

Read More Regarding Recent CIPC Notices Published And Compliance Due

Value-Added Tax Act Schedule 1 amendment to motor vehicles

Amendment of Rules: Selling duty free motor vehicles to diplomats

SARS Release submission dates 2022 Income Tax Returns

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