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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Financial Intelligence Centre Fixes

Many readers received a “request for account rejected” notification from the FIC following their online registration on the new “goAML” system. The reasons for rejection include: 1) 1st Phase FIC verification (Sec 43b […]

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Remorse as Mitigation in debarment cases

While, in the past, saying sorry and meaning it, assisted appellants, there are limits to what having regret can achieve. Bhupesh Nathoo versus Registrar In January 2016 we reported on an appeal by […]

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Super Rugby Playoffs

The quarter finals are here at long last. I thought you may find it interesting to hear the views from rugby writers in New Zealand, as all three our matches are against Kiwi […]

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2016 Nelson Mandela Annual Lecture

This is an extract from the lecture by Bill Gates at Pretoria University. If there is one thing I’m sure of, it is this: Africa can achieve the future it aspires to.That future […]

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Authentication of RE Certificates

We often receive queries from employers regarding the validity of RE certificates produced by prospective applicants. This is indeed wise, as we are aware of instances where people fraudulently replicate documents by means […]

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The proof of the pudding…

A recent finding by the FSB Appeal Board drew attention to the need for honesty and integrity in all circumstances. The Registrar debarred the appellant on 14 September 2015. Timeline On 8 June 2015 the […]

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SA Health Perspective

The Future Health Index 2016 is an international survey which “… highlights the opportunities and barriers to a more connected and integrated form of healthcare that will better serve future generations. By measuring […]

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FICA Awareness Training

Moonstone Business School of Excellence developed an on-line workshop to assist learners to acquire the necessary learning with the least interruption to the business. Obviously, we are unable to build training on your […]

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FSP FICA Obligations

There appears to be a fair amount of uncertainty about what exactly a financial adviser’s obligations under the Financial Intelligence Centre Act are. I suspect that, in many instances, many would rather NOT […]

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All Blacks skep hul eie voorsprong

Baie mense in Suid-Afrika raak warm onder die kraag as van hul landsgenote die All Blacks ondersteun wanneer hulle teen die Springbokke speel. Dieselfde geld vir my as ek sien hoe kollegas wat […]

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Is Loan securitisation legally binding?

My colleague Paull Lawrence recently sent me an interesting article on the subject: Property owners are often taken aback when, after defaulting on the loan repayment, they receive a summons from an entity […]

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2016 Budget Tax Bills

On 8 June, National Treasury and the South African Revenue Service (SARS) published the 2016 Draft Taxation Laws Amendment Bill (TLAB) and the 2016 Draft Taxation Laws Amendment Bill (TALAB) for public comment. […]

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Moonstone Survey Winners

In May, Insight-Discovery, in conjunction with Moonstone, conducted a survey amongst Investment advisers, the outcome of which will be of tremendous value to product providers. A draw was conducted with the aid of […]

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Clarity on a refuted claim

Brevity can sometimes also be the soul of a twit. In a recent article on a complaint dismissed by the FAIS Ombud, we wrote: This case concerned a claim that was declined as […]

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Honesty and Integrity

A recent finding by the Board of Appeal in the Teixeira case clarified certain matters around the very broad definition of this important fit and proper consideration. Briefly: the adviser was debarred by […]

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