
Tax Court clarifies VAT treatment of cashback and fee rebates
The Court finds that cashback credits reduced the original fee, rather than constituting payment for a separate supply by customers.
The Notice also sets out who does and does not have to submit a tax return.

The Court finds that cashback credits reduced the original fee, rather than constituting payment for a separate supply by customers.

The FST rejects the member’s loss calculation based on assumed money market returns, affirming that the fund’s rules limit accrual to bank interest.

From disputed dependants to contested deaths, trustees are judged on how they investigate and explain their decisions.

The R1.78m payout reflects both underlying performance and a founding-member booster designed to accelerate early value.

Inspections highlight persistent gaps in professional scepticism and the growing challenges of integrating technology into audits.

With 31 May approaching, advisers face a tighter window and higher stakes – choosing CPD that delivers practical value, not just compliance.

The revised draft standard sets out detailed qualitative and quantitative public disclosure requirements and is open for comment.

The threshold determines access to key labour protections, with changes affecting working conditions, contract status, and how disputes are resolved.

Baseline inflation is seen peaking at 4% in Q2, with scenario analysis pointing to possible rate hikes if second-round effects emerge.

The products feature tiered fees, contribution boosts, and integration benefits, subject to defined terms and conditions.

The appointment strengthens Medscheme’s foothold in the employer-based healthcare sector.

As third-party submissions open, SARS urges employers to file early and accurately or risk triggering errors, delays and taxpayer verifications.

The JSE issues a public censure and suspended fine after the Komati Basin Water Authority again failed to publish a required SENS announcement on time.

Treasury takes the next step in financial sector reform.

Consumers can now block unsolicited marketing through a national registry, with strict new rules and penalties for marketers who fail to comply.

National Treasury releases the draft Capital Flow Management Regulations to replace the Exchange Control Regulations.

IRBA imposes a lifetime ban, maximum fines and full cost recovery after finding the VBS audit was riddled with missed red flags and undisclosed conflicts.