This is what Sars is doing to tighten its supervision of trusts
It also wants to address the inconsistent treatment of non-resident beneficiaries when capital gains are distributed.
FSCA slaps Banxso and directors with record R2bn fine
The Authority says the penalties reflect the financial benefit gained from unlawful conduct and the harm to clients – handing 30-year debarments to several Banxso executives.
Here are the Ts & Cs for claiming a tax rebate for installing home solar panels
The incentive applies only to the panels themselves and body corporates are not eligible.
How much more (or less) income tax you will pay
National Treasury signals its opposition to higher tax rates.
You can take more money from your retirement fund without paying tax
Taxable income bands in the withdrawal tables adjusted by 10%.
Treasury to expand section 12B tax incentive for investing in renewables
And the bounce-back loan-guarantee scheme will be reworked to help small businesses finance renewable energy projects.
Treasury presses ahead with launching two-pot system in March 2024
Outstanding issues will be finalised later this year.
COMMENT: Budget is as good as could be hoped for
The jury is still out on National Treasury’s projected debt stabilisation over the medium term.
Diesel levy refund extended to take the pressure off food prices
General fuel levy and RAF levy to stay the same.
Here’s how much more a drink or a cigarette will cost you
And a bitter-sweet decision regarding the ‘sugar tax’.
It’s nearly March – there’s no time to waste to get your CPD hours
Our updated Fica Awareness Short Course is one of many courses MBSE offers so you can fulfil your CPD requirements.
FSCA sets out how intermediaries may be paid for RA fund transfers
Final version of guidance notice on intermediary remuneration published.
New earnings threshold impacts your rights as an employee
If you earn more, certain provisions of three pieces of labour legislation don’t automatically apply.
Here are the contributions Discovery members will pay in 2023
The scheme says members who belong to hospital and limited day-to-day plans will pay 7.9% more.
Guardrisk seeks summary judgment over unpaid premiums
Insurer and director signed a suretyship after intermediary allegedly used premiums to cover its own business expenses.
Supreme Court of Appeal rules on impact of curatorship on prescription
Shoprite Checkers contends the curator had a year within which to file the claim from the date on which he was appointed.
Criminals are now eyeing solar panels in South Africa
Are clients covered against such theft?
