Moonstone Information Refinery – Page 145

Banxso licence withdrawal – FST dismisses reconsideration bid

The Tribunal dismisses separate applications brought by Banxso and four executives, saying they lack legal standing.

Many businesses are operating under the false belief that their insurance policy adequately covers data security and privacy exposure.

Soaring global equities should be seen in the context of the business cycle.

National Treasury says it hopes to get South Africa off the list before January 2025.

No surprise as the Financial Action Task Force adds SA to its list of countries under special scrutiny.

Treasury expects grey-listing will have ‘a limited impact’ on financial stability and the costs of doing business with South Africa.

UT managers fight for market share | Coronation faces huge tax bill | MyMo accounts scandal | Insurance fraud | Discovery’s interim profits

Accountable institutions are expected to fulfil their compliance obligations

What you should know about the Financial Action Task Force, its evaluation of South Africa, and how grey-listing works.

It also wants to address the inconsistent treatment of non-resident beneficiaries when capital gains are distributed.

The incentive applies only to the panels themselves and body corporates are not eligible.

National Treasury signals its opposition to higher tax rates.

Taxable income bands in the withdrawal tables adjusted by 10%.

And the bounce-back loan-guarantee scheme will be reworked to help small businesses finance renewable energy projects.

Outstanding issues will be finalised later this year.

The jury is still out on National Treasury’s projected debt stabilisation over the medium term.

Threshold raised by R100 000.

General fuel levy and RAF levy to stay the same.