ConCourt judgment in Capitec vs SARS clarifies important VAT principles

The decision addresses the recovery of VAT on payments made under loan cover provided free of charge.

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Who watches the watchdog?

The establishment of the Financial Services Tribunal has brought much-needed legal certainty to the industry – in particular, those who are disgruntled by the views of decision-makers, as well as rulings by the […]

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For whom the bell tolls

On 26 October, alone, the FSCA issued six warnings to the public against providers of financial services which the regulator suspected were conducting unregistered business. Four of the six were involved in the […]

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For whom the bell tolls

On 26 October, alone, the FSCA issued six warnings to the public against providers of financial services which the regulator suspected were conducting unregistered business. Four of the six were involved in the […]

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How do I love thee? Let me count the ways

Elizabeth Barrett Browning’s Sonnet 43 is arguably her best known one. It came to mind when Roché Cowley, a regular contributor to our humour section, recently shared the following with me. What would […]

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How do I love thee? Let me count the ways

Elizabeth Barrett Browning’s Sonnet 43 is arguably her best known one. It came to mind when Roché Cowley, a regular contributor to our humour section, recently shared the following with me. What would […]

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Knowing where to tap

Possibly the single biggest pandemic issue affecting the short-term insurance industry was the contingent business interruption (CBI) controversy. At first, insurers denied liability, claiming that the lockdown was not an insured peril. It […]

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Knowing where to tap

Possibly the single biggest pandemic issue affecting the short-term insurance industry was the contingent business interruption (CBI) controversy. At first, insurers denied liability, claiming that the lockdown was not an insured peril. It […]

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Garden Snakes can be Dangerous

Green Tree Snakes  (Dendrolaphis punctulata) can be dangerous. Yes, tree snakes or grass snakes, not brown snakes or taipans. A couple in Townsville, Australia, had a lot of potted plants. During a recent […]

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Bless me Father…

An elderly Italian man who lived on the outskirts of Rimini, Italy, went to the local church for confession. When the priest slid open the panel in the confessional, the man said: “Father […]

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Irish Mirth

Definition of an Irish husband: He hasn’t kissed his wife for twenty years, but he will kill any man who does.  Murphy told Quinn that his wife was driving him to drink. Quinn […]

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Stiff Upper Lip English

On a train from London to Manchester, an Australian is berating the Englishman sitting across from him in the compartment: “You English are so stuffy. You set yourselves apart too much. You think […]

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‘Mayday! Mayday!’

This guy takes his new boat down to Cape Town from Jo’burg for a fishing trip. On his way back with the boat, his 4×4 breaks down outside Beaufort West.     He […]

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The Obedient Wife

There was a man, who worked hard all his life, saved all of his money – and was a real miser. Just before he died, he said to his wife…’When I die, I […]

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A Lesson in Irony…

The Food Stamp Program, administered by the U.S. Department of Agriculture, is proud to be distributing this year the greatest amount of free Meals and Food Stamps ever, to 46 million people. Meanwhile, […]

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THE THREE NUNS

THREE NUNS WERE ATTENDING A RUGBY FINAL… THREE MEN WERE SITTING DIRECTLY BEHIND… BECAUSE THEIR HABITS WERE PARTIALLY BLOCKING THE VIEW, THE MEN DECIDED TO BADGER THE NUNS HOPING THAT THEY’D GET ANNOYED […]

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Sibling Logic

Sibling Logic Teacher to Billy: “Billy, if you have five sweets and your sister asks for one, how many will you have left?” Billy: “Five.”  

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