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Tax Debt – A Silent Killer; More Than What Meets the Eye
Tax debt can creep into your life if left unchecked; having dire financial and lifestyle, consequences for you, and potentially, your family.
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LATEST NEWS
SARS Gazettes New Era For Trusts, Aiming At Trustees And Beneficiaries
On 30 June 2023, in a Gazetted public notice, the South African Revenue Service (SARS) formally expanded its third-party reporting standards to include trusts. Now, all South African trusts, and some foreign trusts, are required to submit returns containing third-party information as specified by SARS.
Company Confidential Shareholding Days Are Over – Deadline For CIPC Beneficial Ownership
On 1 April 2023, the Companies and Intellectual Property Commission (CIPC) released its new “Beneficial Ownership Register” functionality on its e-services platform. This new requirement has placed companies under the spotlight as they must now declare their Beneficial Ownership to the CIPC.