Moonstone Information Refinery – Page 164

RAF faces claims surge if form falls

SCOPA says the RAF 1 form may have kept claims out of the system, leaving the Fund exposed to a wave of unrecognised liabilities if it is set aside.

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.

And a bitter-sweet decision regarding the ‘sugar tax’.

Our updated Fica Awareness Short Course is one of many courses MBSE offers so you can fulfil your CPD requirements.

Final version of guidance notice on intermediary remuneration published.