Webinars On-Demand

IFRS: 

• Standards – What’s new? 

  • IFRS Monthly news summary 

• Accounting issues 

  • ASB Urgent clarification on the status of Standards GRAP 

  • National Treasury: AFS template for departments published for comment and testing 

  • National Treasury: Application of GRAP 109 and MCS Chapter 16 re Principal Agent arrangements 

  • JSE publishes its first guidance on sustainability and climate disclosures 

  • ASB Newsletter #4 - Useful lives of assets 

IRBA: 

• Standards:  

  • IAASB: Approved but not yet published: Amendments to ISA700 and ISA260 

• Legal/Ethics:  

  • Proposed IRBA Rules Arising from the International Standards on Quality Management 

• Other:  

  • IRBA Section 15 Retirement Fund Agreed-upon Procedures Engagements 

  • PPRA Transitional Provisions for 2022 Trust Account Audits (Property Practitioners) 

CIPC: 

• Notices and Practice Notes issued (enforcement and to customers): 

  • Notice 14 of 2022 – Co-Operatives that have been directed to change names by the Registrar  

  • Notice 16 of 2022 – Voluntary deregistration of companies and close corporations  

Labour Law: 

• Employment law: 

  • Labour inspectors on a mission! 

Other Laws & Regulations affecting your client AND impact on NOCLAR: 

• This month’s big 5: 

SAICA Legal Update 2022 Volume 17 Issue 11 – covers new relevant National laws up to 17 June 2022 

1. The Mine Health and Safety Act: Draft Amendment Bill; 

2. The Road Accident Fund Act: Withdrawal of notice; 

3. The Social Assistance Act: Amendment Act 2020; 

4. The Tax Administration Act: Income tax returns; and 

5. The Value-added Tax Act: Domestic reverse charge relating to valuable metals 

SAICA Legal Update 2022 Volume 17 Issue 12 – covers new relevant National laws up to 8 July 2022 

1. The Labour Relations Act: Code of good practice (Managing exposure to Sars-Cov-2 in the workplace); 

2. The National Environmental Laws Amendment Act 2022 (Not commenced); 

3. The National Environmental Management Act (Draft prior informed consent procedure for certain hazardous chemicals and pesticides in international trade); 

4. The Pension Funds Act (Asset spreading requirements); and 

5. The Special Investigating units and Special Tribunals Act (Investigations). 

• Other acts and articles: 

  • Employment Equity submission 

• COIDA Update: 

  • OHSA Commercial Diving Regulations 2022 

SARS: 

• Guides (new, updated & issued): 

  • VAT 404 – Guide for Vendors (Issue 14) 

  • Guide on Income Tax and the Individual (2021/22) 

  • Tax Exemption Guide for Companies Wholly Owned by Institutions, Boards or Bodies 

  • Tax Exemption Guide for Institutions, Boards or Bodies 

• Interpretation Notes (updated & issued): 

  • Draft Interpretation - Persons not eligible to register as a Tax Practitioner and deregistration of registered Tax Practitioners for Tax Non-compliance 

• Notices and other publications issued: 

  • Trusts are reminded of their duty to register trusts for income tax purposes 

  • Specified persons who must submit returns for the 2022 year of assessment 

  • SARS Media Release re 2022 Tax Filing Season 

  • Average Exchange Rates 

• SCA cases: 

  • SARS wins R71m Vat case against Capitec 

  • CSARS v Candice-Jean van der Merwe (211/2021) [2022] ZASCA 106 (30 June 2022) 

  • Media Release re SARS sews victory protecting the textile industry 

Regulator news: 

• SAICA press releases and other publications: 

  • FAQs re the Companies Act 

• SAIBA press releases and other publications: 

  • Newsletters: 

  1. CFO Talks (CFO Talks™ is devoted to sharing ideas and conversations between CFOs. It is a platform which facilitates insightful and powerful talks relevant to CFOs) 

     • https://cfotalks.com/  

  2. Accounting Weekly (weekly newsletter) 

     • https://accountingweekly.com/  

• Companies Tribunal:  

  • 3 Cases finalised in June 2022 

  • Quarterly Newsletter  

    • Companies Tribunal bulletin Volume 1: April to June 2022 

    • April to June 2022 

• LPFF:  

  • 4 Publications re Engagements on Legal Practitioners' Trust Accounts 

• FSCA publications & press releases:  

  • FSCA is conducting an investigation into the affairs of Regenesis Markets (Pty) Ltd 

  • FSCA fines Poneso Employee Benefits and Actuarial Consultants (Pty) Ltd and Poneso Consulting (Pty) Ltd 

  • FSCA appoints Statutory Manager for N-e-FG Administrators (Pty) Ltd 

  • Update on Administrative Sanction imposed on Ravensberg Advisory and Consulting Services 

  • The FSCA warns against Regulatory Examination Misconduct 

  • 3 Warnings issued against fraudulent FSPs 

  • FSCA Q4 eNewsletter (March 2022) 

• CGSO:  

  • Warning issued against an online retailer (PC Link Computers) 

  • Tips for online suppliers on how to ensure compliance with the CPA 

• Legal Ombud:  

  • Office of the Legal Service Ombud newly launched 

• OTO:  

  • Fair Play (Issue 24) - Office of the Tax Ombud Newsletter 

• Department of Labour:  

  • Booklet on Entrepreneurship - How to start your own business 

• SARS:  

  • SARS Tax Practitioner Readiness Programme 

  • Latest Tax Practitioner Newsletter 

  • Latest Government Connect newsletter