Time to separate the Tax Ombud from SARS to strengthen independence

It’s long been a bone of contention that the Tax Ombud is seen by some as an enforcement arm of SA Revenue Services. That’s not what the Tax Ombud was set up for – nor does it want to be perceived that way. The Office of the Tax Ombud (OTO) was set up as an...

Thousands of South Africans to feel bite of new expat tax

From Businesstech: Several thousand South Africans are set to be impacted by new amendments to the Income Tax Act which will come into effect from 1 March 2020. Currently, South African tax residents who render services outside the country on behalf of an employer for...

Saiba trains and places 49 unemployed accountants in employment

It was a day of celebration for 49 formerly unemployed trainee accountants as they graduated from a four-month training programme hosted by the SA Institute of Business Accountants (Saiba) designed to prepare them for employment. Of the 50 enrolled on the programme in...

CIPC compliance checklist raises concerns

The Companies and Intellectual Property Commission (CIPC) Compliance Checklist, which became effective from 1 January 2020, now requires all companies except close corporations to answer a 24 question compliance list. The purpose of the checklist is: to ensure...