Uncertain tax positions: navigating the IFRIC 23 gauntlet
27 Jun 2022
BY Kristel van Rensburg AND Charles de Wet
The increased focus by SARS to increase revenue collection has amplified the pressure on statutory auditors to ensure that they accurately conclude the correct tax position and, ensure that the appropriate corresponding provisions are raised.
READ MORE
VAT domestic reverse charge on “valuable metal” soon to be implemented
27 Jun 2022
BY Annelie Giles
Although concerns of VAT refund fraud in the second-hand gold industry are not new, a new modus operandi whereby the fraud is supposedly committed has been identified.
READ MORE
Collateral arrangements: a brief history
27 Jun 2022
BY Magda Snyckers
In the context of providing shares as security by transferring ownership of the shares, the STT consequences are therefore an important consideration.
READ MORE
Don’t get complacent about POPIA: time for a data protection health check
27 Jun 2022
BY Ridwaan Boda AND Era Gunning
Many organisations have invested large amounts of time and money into their POPIA compliance. However, numerous organisations are still unsure as to what the “must-haves” or mandatory obligations are when it comes to compliance.
READ MORE
Africa Business In Brief
issue 454 | 26 Jun 2022
issue 454
READ MORE
Zondo: clients suspected of illegal transactions should have a say before banks close their accounts
23 Jun 2022
BY Aslam Moosajee
Judge Zondo stated that it is unacceptable that banks should have no obligation to hear what a client has to say before the bank may close the client’s account on suspicion that the client may be involved in illegal or corrupt transactions
READ MORE
No more masks, but can employers still enforce mask-wearing in the workplace?
23 Jun 2022
BY Lauren Salt
Employers should, before abandoning or maintaining mask-wearing in the workplace, consult their risk assessment.
READ MORE
Verification of clients under FICA and the dangers of asking for too much
21 Jun 2022
BY Aslam Moosajee , Era Gunning , Jessica Blumenthal AND Shenaaz Munga
The recent case of Nedbank Limited v Houtbosplaas (Pty) Ltd and Another raises interesting considerations for accountable institutions aiming to comply with their obligations under FICA.
READ MORE
High Court yet again sets aside adverse findings by the B-BBEE Commission
21 Jun 2022
BY Aslam Moosajee , Parusha Desai Valodia , Sanjay Kassen AND Shenaaz Munga
Corporates will be encouraged by this judgment which reinforces that the Commission must conduct its investigative proceedings in a manner that is fair and lawful.
READ MORE
Financial Provision Regulations: extension to 19 September 2023
21 Jun 2022
The Minister of the DFFE, has extended the date for existing holders of rights or permits to comply with the Regulations pertaining to the Financial Provision for Prospecting, Exploration, Mining or Production Operations to 19 September 2023.
READ MORE
Converting a private limited liability company into a limited liability partnership: key tax considerations
21 Jun 2022
BY Dieudonné Nzafashwanayo
The conversion of an LLC into an LLP may be attractive to many companies, but there are a number of tax aspects to consider, all of which remain unclear.
READ MORE
tax in brief | issue 85
21 Jun 2022
tax in brief | issue 85
READ MORE
Africa Business In Brief
issue 453 | 19 Jun 2022
issue 453
READ MORE
Invitation for Public Comments/Written Representations on South Africa’s Draft Mine Health and Safety Amendment Bill, 2022
17 Jun 2022
Comments on the Draft Bill are due by 29 JUL 2022.
READ MORE
Is commissioning an oath virtually the future for South African courts?
14 Jun 2022
COVID-19 and the movement restrictions that were imposed in South Africa during the lockdown made administering an oath in person difficult.
READ MORE
