Accounting

CIPC Practice note 5: changes to patent applications

9 December 2022 The Patents Division will introduce new efiling functionality on IPonline (http://iponline.cipc.co.za/) to enable the electronic submission of outstanding documentation for patent applications. A list of documents that can be electronically uploaded is included in Annexure A of Practice Note 5. From 12 December the Patent Office will issue Notices of Acceptance and …

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New Exposure Draft: International Non-Profit Accounting Guidance (INPAG)

The IFR4NPO Project has reached a major milestone in developing International Non-Profit Accounting Guidance (INPAG). Led by Humentum, a non-profit membership association, and CIPFA, the Chartered Institute of Public Finance and Accountancy in the UK, the highly collaborative project design includes engagement and consultation with all types of stakeholders all over the world. INPAG is intended to be …

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Important changes to CIPC e-services platform and implementation of card payments

20 November 2022 From the 5th December 2022, the CIPC will only accept debit/credit card payment method for transactions on the CIPC electronic platforms; however, EFTs and declining balances will be permitted for manual transactions. Application for refunds for unused balances should be made by using the functionality on the new, enhanced e-services platform which …

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CIPC Notice – offices will be closed on Friday, 18 November

9 November 2022 CIPC offices in Pretoria, Johannesburg, Cape Town and Durban will be closed to the public on 18 November 2022. Various offices will be re-opened on Monday, 21 November 2022. The lodgment of documents will be accepted until 15:30 on Thursday, 17 November. Automated services that do not require back-office intervention will carry …

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ISSB confirms requirement to use climate-related scenario analysis

1 November 2022 At the supplementary board meeting the ISSB voted to confirm that companies will be required to use climate-related scenario analysis to report on climate resilience and to identify climate-related risks and opportunities to support their disclosures.  The ISSB also agreed to provide application support to preparers including making use of materials developed by the …

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CIPC Notice – Manual name reservation service not available

25 October 2022 CIPC is currently experiencing technical difficulties with the associated name reservation service (manual name reservation) and it is receiving urgent attention. Therefore, until further notice, this service is not available to customers. What you need to note: Do not submit any Associated Name Reservations (Form CoR9.1 with proof of association with existing …

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CIPC – Manual name reservation service not available

26 October 2022 CIPC is currently experiencing technical difficulties with the associated name reservation service (manual name reservation) and it is receiving urgent attention. Therefore, until further notice, this service is not available to customers. Important to Note: Do not submit any Associated Name Reservations (Form CoR9.1 with proof of association with existing name) via …

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The office of the tax ombud (OTO) issued its annual report for 2021/22

12 October 2022 OTO celebrates nine years of ensuring fairness by helping hundreds of taxpayers secure their refunds from SARS. This includes R215 million in top 10 tax refunds collectively paid to taxpayers through the intervention of the OTO.  This is one of the many highlights discussed at the launch of the Tax Ombud Annual …

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ISSB: increasing international support for the sustainability standards

18 October 2022 The ISSB is currently considering the feedback received to its consultations on its first two proposed IFRS Sustainability Disclosure Standards, one setting out general sustainability-related disclosure requirements and one setting out specific climate-related disclosure requirements. The G20 Finance Ministers and Central Bank Governors met in Washington, DC on 12–13 October 2022 and have …

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Co-operative Name change

Office of the Registrar of Co-operatives has given notice in terms of section 11 of the Co-operatives Act of 2005 as amended, that Co-operative name have been amended as follows: IKAMVA MULTIPURPOSE CO-OPERATIVE LIMITED (2019/010624/24) has been revoked and changed to ABAKHUPHUKHA PHAMBILI MULTIPURPOSE PRIMARY CO-OPERATIVE LIMITED. You can read the notice here.

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