Johannesburg, 8 July 2021 – The Employment Tax Incentive (ETI) was introduced in 2014 to encourage the employment of younger workers – 18 to 29 years old – by offering an incentive which is set-off against the employees’ tax due each month, thereby reducing the related tax liability for the relevant month/s – for the first two years of employment, subject to specific requirements being met.

Tshwane, 7 July 2021 – The Commissioner of the South African Revenue Service (SARS), Mr Edward Kieswetter, and the Chief Executive Officer (CEO) of the South African Institute of Charted Accountants (SAICA), Mr. Freeman Nomvalo, have agreed to establish a mutually beneficial partnership to build capability in SARS.

Johannesburg, 5 July 2021 – The world of accounting is rapidly changing as South Africa scrambles to regain its status as one of the world’s leaders in terms of corporate reporting. But the profession has been marred by enormous scandals involving fraud, corruption, and unethical behaviour over the past few years, causing mistrust amongst society for a profession that used to be characterised by integrity.