New expat tax changes for South Africa

Under pressure to meet tax revenue quotas the tax authority has started auditing the country’s non-compliant expatriates in earnest. It may come as a shock, especially for individuals who hoped to renounce their tax payment duties in South Africa by moving and earning a living abroad. Jonty Leon, legal manager at Tax Consulting SA, states: … Read more New expat tax changes for South Africa

How Covid19 affects year end audits

effects-of-covid19-on-audits

The world over has seen its share of the COVID19 pandemic but the effects on the financial auditing of companies remains a question for some corporate decision makers. In this article Business Innovations Group intends to answer some of the most important questions in the financial auditing sector. Can year-end audits be postponed till the … Read more How Covid19 affects year end audits

Rand to Dollar Strength

At the close of local trade, the rand quoted 0.39 percent stronger at R15.36/$, after trading in range of R15.31/$ – R15.45/$. The rand traded flat overnight. Expected range today R15.00/$ – R15.40/$. Extracted from https://www.iol.co.za/business-report/economy/rand-closes-in-on-r15-against-the-dollar-40ba81f3-e10a-40b1-8c75-fb2d53d6bd3c As the rand continues to strengthen against the dollar, USA welcomes its 46th president Joe Biden. It is said … Read more Rand to Dollar Strength

South African Ethics & Corruption

What are the pillars of ethical conduct? In short any professional sector should showcase ethics of integrity, objectivity and independence. In an article posted by https://www.bizcommunity.com on the 10th of November 2020, it is suggested that South Africa is in a crisis of ethics. “As things stand, and if the revelations and allegations at the … Read more South African Ethics & Corruption

SA’s first female Auditor-General

As South Africa continuously grows in its vision of diversity and empowerment, the business world too within South Africa can see a change in it’s dynamics. President Cyril Ramaphosa has appointed Tsakani Maluleke as it’s first female Auditor General. Maluleke has served as a Deputy AG since 2014 and now succeeds Kimi Makwetu who died … Read more SA’s first female Auditor-General