IFAC released another podcast in their series about small and medium sized practices adapting to the rapidly changing global economy. The podcasts features a conversation with Hamish Mexted, Founder and Director of Convex Accounting. IFAC spoke to Hamish about his experience with a range of pressing topics for SMPs, including: Read more and listen to …
The following High Court Judgments were delivered: CSARS v Matsepe (40873/20) [2022] ZAGPPHC 801 (27 October 2022): Re: Sequestration of company director’s estate at SARS’s instance – reasons for sequestration order. Read the Judgment here. CSARS v Louis Pasteur Investments (Pty) Ltd and Others (A139/21) [2022] ZAGPPHC 754 (7 October 2022): RE: Procedure and evidence: …
New High Court Judgments and Labour Court Judgements Delivered Read More »
Tax Practitioners have the right to lodge a dispute when you are not in agreement with an assessment. SARS hosted a webinar to assist Tax Practitioners to educate taxpayers about their rights and obligations relating to the dispute process. The following topics was covered: Definition of the dispute process and the types of disputes that …
SARS dispute process: The rights and Obligations of Tax Practitioners and Taxpayers Read More »
The new online Traveller Declaration System is being introduced at all South African international airports, commencing with King Shaka International Airport on 29 November 2022. What does the new system entail?The new system allows travellers, including South African citizens and residents, leaving or entering South Africa by air to complete and submit an online traveller …
The South African Traveller Declaration System pilot project launched Read More »
The third edition of The Social and Ethics Committee (SEC) Trends Survey was jointly conducted by The Ethics Institute and the Institute of Directors in South Africa and published in October 2022. The current edition of the SEC Trends Survey provides insight into the nature, composition, effectiveness, but also challenges and impediments of the SEC. …
Digital transformation stays a clear leader in technology trends, due to the growth of data to be handled at any one time. Accountants will need to embrace the rapid advances in accounting technology if they want to remain relevant in the accounting industry. AutomationAutomation has been a growing trend in the accountancy and finance sectors, …
5 Technology Trends that is Transforming Accounting Read More »
On 4 November 2022, the Minister of Finance promulgated the Preferential Procurement Regulations, 2022 (2022 Regulations) in terms of the Preferential Procurement Policy Framework Act 5 of 2000 (PPPFA). On 8 November 2022 National Treasury published a media statement regarding the new regulations here. Importantly, the National Treasury media statement said the 2022 Regulations would …
Promulgation of new Preferential Procurement Regulations Read More »
New Tax Practitioner registration criteria effective 1 June 2022 A RCB may register an individual as a tax practitioner on or after 1 June 2022, if the individual poses a qualification: NQF level 6 and above with at least one accounting module and one tax module, plus at least 1 year’s tax working experience, NQF …
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