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.

Pension Funds Adjudicator proposes 35% increase in levy for 2024/25

The Minister of Finance will have to submit the increase to Parliament for approval because it exceeds the Consumer Price Index.

FSCA publishes draft 2024/25 budget for comment

In line with previous financial years, FSPs will be the main contributors to the Authority’s revenue from levies.

FAIS Ombud budgets for more levy income despite 0% increase

The Office can no longer look to the FSCA to make up for any shortfalls in income.

Ombud Council’s 2024/25 budget reflects shift to operational independence

Bridging finance from National Treasury may not be required now that it has certainty of receiving levy and special levy income.

CMS’s proposed medical scheme levy for 2023/24

It is markedly higher than the increases over the past three financial years.

How you can benefit from the Skills Development Levy

Do you, as an employer, understand why you are paying a Skills Development Levy (SDL)? Do you know that this gives you access to funds for training? Many business owners just see it […]

FSB Levy Reminder

By now you should have received a letter from the FSB advising details of the annual FSB and FAIS Ombud levies payable by the end of October. If you did not, it could […]