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Categories
Monthly Archives: October 2015
LOOK OUT FOR “GHOST TAX PRACTITIONERS” DURING THE TAX SEASON
Johannesburg, Thursday, 7 July 2015 – The South African Institute of Chartered Accountants (SAICA) appeals to taxpayers to exercise caution when selecting a tax practitioner during the tax season. Taxpayers who find tax returns daunting, or may require assistance in ensuring they … Continue reading
Posted in Tax
Tagged ghost tax practioner, SARS
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ALLOWANCES AND FRINGE BENEFITS: PART 1
Travel allowance as opposed to the right of use of a business vehicle: What is the difference? The Income Tax Act defines a travel allowance as an allowance and the right of use of a motor vehicle as a taxable … Continue reading
Posted in Business
Tagged allowances, benefits, fringe
Comments Off on ALLOWANCES AND FRINGE BENEFITS: PART 1
SAICA COMMUNICATION: B-BBEE STATUS
1. Introduction Recent changes to the B−BBEE legislation have resulted in uncertainty in the market and have created practical challenges for entities in verifying their B−BBEE Status Levels, for recipients and users of B−BBEE sworn affidavits and verification certificates, as … Continue reading
Posted in B-BBEE
Tagged legislation, status levels
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PAIA MANUALS DUE BY 31 DECEMBER 2015
BY: GLEN BRESLER In 2000 the Promotion of Access to Information Act (PAIA) came into law. Its intention was to fulfil the requirements of section 32 of the Constitution, which enshrined the right of access to information by both public … Continue reading
Posted in Business
Tagged deadline, PAIA Manuals
Comments Off on PAIA MANUALS DUE BY 31 DECEMBER 2015