-
Recent Posts
Archives
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- November 2019
- October 2019
- September 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- August 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
Categories
Tag Archives: South Africa
Why the POPI Act matters
The right to privacy is enshrined in Section 14 of South Africa’s Constitution and we understand it to be a vital human right. It states: “Everyone has the right to privacy, which includes the right not to have – (a) their … Continue reading
Posted in Business
Tagged Data protection, POPI Act, POPIA, Privacy, South Africa
Comments Off on Why the POPI Act matters
Professional accountants’ responsibility to act in the public interest during Covid-19
5 March 2020 was a momentous day in that it marked the day where the first Covid-19 case was reported in South Africa. The year that followed was arguably one of the most difficult in our lifetime, with South Africa … Continue reading
Posted in Accounting
Tagged accounting, COVID-19, Finances, SAICA, South Africa
Comments Off on Professional accountants’ responsibility to act in the public interest during Covid-19
What lies ahead for SA’s budget?
On 24 February 2021, Finance Minister Tito Mboweni will deliver the annual budget address shortly on the heels of the State of the Nation Address a week earlier by President Cyril Ramaphosa. Given the expected R700 billion budget shortfall for the current cycle, Minister Mboweni will … Continue reading
Posted in Tax
Tagged Budget, Expectations, South Africa
Comments Off on What lies ahead for SA’s budget?
What you need to know about tax and work travel allowance in South Africa during Covid-19
Covid-19 has far-reaching effects for the South African taxpayer and, unbeknown to many, may be silently increasing their tax liability for the 2021 year of assessment. There is a causal link between travel allowances (and the same applies to company … Continue reading
Posted in Tax
Tagged COVID-19, South Africa, Tax, Travel
Comments Off on What you need to know about tax and work travel allowance in South Africa during Covid-19
Government increases tax-free cap on foreign income
The concept of emigration is to be replaced by a verification process. South Africans who are working and living abroad have been given some relief with a slight increase in the tax-free cap on their foreign earnings. National Treasury introduced … Continue reading
Posted in Tax
Tagged Foreign Income, South Africa, South African Reserve Bank, Tax, Taxpayer, Working Abroad
Comments Off on Government increases tax-free cap on foreign income
The relationship between audit quality and audit fees
Due to recent high-profile corporate failures in South Africa, questions are being asked about the relationship between auditor independence, the amount of fees and audit quality. There is a perception in various circles that lower audit fees equate to lower … Continue reading
Posted in Finance
Tagged AQIs, Auditor, Finances, IRBA, South Africa, the Companies Act
Comments Off on The relationship between audit quality and audit fees
Budget 2020 highlights
“Ex Africa Semper aliquid novi,” winning requires hard work, focus, time, patience and resilience. Finance Minister Tito Mboweni delivered his National Budget Speech on 26 February 2020, leaving South African taxpayers pleased by the implementation of tax relief on personal income … Continue reading
Posted in Tax
Tagged Budget speech, Budget Speech 2020, Finances, SARS, South Africa, Tax, VAT
Comments Off on Budget 2020 highlights
SARS scams
Education and awareness around identity theft, phishing and other frauds have become part of life globally. If nothing else, scamsters are innovative and keep trying new avenues of defrauding businesses and individuals. In South Africa, this is no exception, and … Continue reading
ARE YOU A SOUTH AFRICAN TAX RESIDENT INDIVIDUAL?
The question of tax residence for individuals has always been relevant in South Africa. It appears as though we find ourselves in a country which has always been a popular destination to which people from across the globe flock to … Continue reading
Posted in Tax
Tagged Resident, South Africa, Tax
Comments Off on ARE YOU A SOUTH AFRICAN TAX RESIDENT INDIVIDUAL?
SA ECONOMY: 2015 IN REVIEW
South Africa has a host of appealing competitive advantages. It remains the continent’s second-largest economy – benefitting from a large manufacturing base, more than $2.5trn worth of metal and mineral deposits, and one of the most robust financial sectors in … Continue reading