Recommend: Cryptocurrency – The cryptic treatment
In this article, Nico Fourie takes a closer look at the current classification and subsequent measurement interpretations concerning cryptocurrencies. Read the full article here.
Recommend: Carbon TAX in South Africa – What is the status quo?
When executive management and the board of directors of a company have a clear understanding of the potential impact of the proposed carbon tax on their business, measures can be identified and implemented to manage and minimise risk and to capitalise on the opportunities that may aris. Read the full article here.
Motoring: BMW i3
At first glance, the facelifted BMW i3 does not look very different from the original, but there is something that makes the car look refreshed. Read the full article here.
Integritax: Tax administration = sleepless nights? − Part 1
Ask many an accountant, be it a tax practitioner or a member in business, and they will tell you that tax administration and tax operational issues feature highly on the list of issues keeping them awake at night, more so than the tax technical issues these days. Some concerns hinge around whether the Tax Administration…
Integritax: Limited uptake for the extended Tax Ombud mandate
There appears to be a limited uptake of the extended mandate of the Tax Ombud, particularly when it comes to systemic and emerging issues, which is regrettable considering the potentially impactful nature of this taxpayer remedy. Section 16 of the Tax Administration Act 2011 (the TAA) deals with the mandate of the Tax Ombud, which…
Integritax: The ping pong residency conundrum
Employers sending South African employees on extended foreign secondments face various practical challenges and tax residency is one of them. The year 2017 saw National Treasury relooking the foreign remuneration exemption in section 10(1)(o)(ii) of the Income Tax Act 58 of 1962 (ITA) for the first time since the year 2000 when South Africa migrated…
Feature: Has the SA accounting profession lost the public’s confidence?
The question, ‘Has the South African accounting profession lost the public’s confidence?’ was the catalyst for conversation at a recent discussion − the first in a series aimed at bringing the topics of ethics and good governance to the fore. Read more here.
Profile: Shumani Nembudani
After Shumani Nembudani completed her chartered accounting trainee contract at Deloitte and qualified as a CA(SA), she found herself asking ‘what next?’. ‘I always felt as though working in the corporate environment capped my true potential. This is no reflection on my employer. The training was excellent, teams were great, and there was immense personal…