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Budget 2023 – Is transfer pricing going to be the next SARS focus area? (Part 1)
Johannesburg, Tuesday 21 February 2023 - Once again, we are close to the next Budget Speech and all eyes in South Africa will be on the Minister of Finance. Mastering the ship through the storm that South Africa has been experiencing over the past few years has been incredibly difficult and it is not going to get easier, at least for now.
SAICA congratulates candidates who achieved success in the 2022 APC
Johannesburg, Friday 24 February 2023: Today, the South African Institute of Chartered Accountants (SAICA) announced that 2 711 (58%) of the 4 671 candidates who wrote the Assessment of Professional Competence (APC) in December 2022, successfully demonstrated their competence in the assessment.
Tax incentive reforms: Not only good on paper
Johannesburg, 23 February 2023 - Tax incentives are used by governments globally as a tool to drive spending in specific zones, on infrastructure, and to attract foreign investment while simultaneously supporting a country’s efforts to stimulate economic activity and job creation. To ensure their effective usage, it is important for a government to monitor and continually reassess whether the tax incentives implemented have the desired effect.