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.

FSCA revises the timelines for the roll-out of Omni-CBR

The Authority has noted the industry’s feedback, but Moonstone’s main concern with the first version of the return remains.

Quo vadis, compliance reporting?

The process involved in replacing the old compliance reports, which were last required for the 2017 financial year, reminds me of a joke in a rag magazine, many years ago, about a new […]

FSCA publishes roadmap for phasing in Conduct of Business Returns

The FSCA has published a roadmap for the implementation of the cross-sectoral conduct of business returns (Omni-CBR), as well as the draft Omni-CBR template for public consultation. The Authority said the Omni-CBR is […]

FSCA delays release of new requirements for reporting on conduct

The FSCA says it will engage with the financial services industry in the first quarter of this year on the implementation of its cross-sectoral Conduct of Business Return (Omni-CBR). The Omni-CBR is intended […]