SA’s top companies are increasingly taking a more transparent approach in reporting on their tax affairs, with companies disclosing their tax strategy, performance, as we...

From a news flow and publicity point of view, an extraordinary thing happened in December 2019. The last cabinet meeting of the year was on Friday 13 December. That was a...

During the “off season” I was able to catch up on some reading. I have long been a follower of Garry Kasparov (erstwhile chess world champion and Russian grandmaster) and...

The new year is upon us and so too are the New Year’s Resolutions most of us have set for 2020. While we are usually quite dedicated to these resolutions at the beginning...

For years, cost savings has topped the list of benefits offered by cloud computing. This is one of the factors that has resulted in the massive increase in the use of clo...

Contributions to pension, provident and retirement annuity funds are tax deductible but limited to 27.5% of the greater of remuneration or taxable income, up to a maximum...

We’ve roared into a new decade with devastating wild fires across Australia and tensions once again mounting in the Middle East. While this may feel like simply more of t...

Choosing an appropriate medical aid scheme can be overwhelming and while the country is experiencing a grim economic period, tightening your belt is essential. However, c...

With the latest GDP growth figures showing that the economy contracted 0.6% in the third quarter, SAA heading into business rescue, and the problems at Eskom persisting,...

There are a number of ways to save and a retirement annuity fund, is one of the potential investment tools which offer a tax efficient way to save towards retirement.

You...

South African life insurers detected 3 708 fraudulent and dishonest claims to the value of R1.06 billion in 2018.

The 2018 fraudulent and dishonest claims statistics, rele...

It is difficult to be disciplined when your salary increases. Building savings habits, however, and giving them the priority they deserve, assists in avoiding the downwar...

Despite various geopolitical and economic challenges at the beginning of 2019, markets managed to deliver very strong returns for the year. And investors will be relieved...

Whether you’re a late investment bloomer or you’re hoping to join the working world and begin building your financial dynasty in 2020, it’s never too early – or too late...

Issued: 12 December 2019

1. PURPOSE

1.1 The purpose of this Communication is to inform the industry and stakeholders about the Financial Sector Conduct Authority’s (“the A...