SARS Large Business Centre Re-established

SARS is currently in the process of re-establishing the Large Business Centre Unit. A multi-disciplinary project team has been working hard to refine the details and logistics required to re-establish the Unit. The interim Large Business Centre is expected to be up...

Does primary residence deduction for CGT apply to CCs?

Question: A CC owns a residential property that is occupied by the member for residential purposes as primary residence. The member do not own any other property The property was sold by CC now and can the R 2 000 000 be deducted from profit because primary residence?...

SARS wants to see your working papers

Did you know that SARS just started a new process to gain access to your working papers in the case of a SARS audit of your clients? Do you know what your rights are when this happens? Join SAIBA for the courses and events below as we assist you with your firm’...

Latest SARS and CIPC Updates

Last month SARS and CIPC issued 24 new notices and amendments. There were an additional 35 changes to legislation that may affect your clients. Some of these changes relate to: VAT quick reference guide for non-executive directors. SARS Binding ruling negatively...