Mazars Messenger April 2019
In this issue:
1. What to consider when appointing an auditor
2. The CIPC Is taking on wrongdoing by directors: A R4.3bn example
3. VAT taxpayers: New relief on correcting tax invoices
4. POPIA is now imminent: Don’t underestimate the work involved
5. Directors: Potential liabilities faced when issuing shares
6. The insurance industry: The need for actuaries
7. VAT or Transfer Duty?
8. Botswana income tax amendment bill
1. What to consider when appointing an auditor
2. The CIPC Is taking on wrongdoing by directors: A R4.3bn example
3. VAT taxpayers: New relief on correcting tax invoices
4. POPIA is now imminent: Don’t underestimate the work involved
5. Directors: Potential liabilities faced when issuing shares
6. The insurance industry: The need for actuaries
7. VAT or Transfer Duty?
8. Botswana income tax amendment bill
Download the full edition below or click through to read individual articles on the pages below:
What to consider when appointing an auditor
Choosing an audit firm can be a daunting and lengthy process, but making the right decision can add significant value to a business.
The CIPC Is taking on wrongdoing by directors: A R4.3bn example
As a director, you are held by the Companies Act to high standards of conduct, not to be taken lightly.
VAT Taxpayers: New relief on correcting tax invoices
Issuing accurate tax invoices is vital, but the reality is that every now and then errors will inevitably creep in.
POPIA is now imminent: Don’t underestimate the work involved
With the release of final Regulations for the Protection of Personal Information Act (“POPIA”, often referred to as “POPI”), the Act’s commencement has become imminent.
Directors: Potential liabilities faced when issuing shares
The Companies Act imposes a raft of important duties on directors, one of which is to ensure that the company remains a going concern with adequate liquidity and solvency.
The insurance industry: The need for actuaries
The insurance industry is gearing up for one of its most radical financial reporting changes in the last two decades, and insurers are running out of time to interpret and apply these new requirements to their insurance contracts and reporting.
VAT or Transfer Duty?
It can be quite confusing understanding when VAT is payable on the transfer of immovable property and when transfer duty is payable. The aim of this article is to make this issue clear.
Botswana income tax amendment bill
On the 7th of December 2018, the Botswana Government promulgated the Income Tax Amendment Bill, No. 35 of 2018 (“the Bill”). The Bill introduces new transfer pricing legislation into the Botswana Income Tax Act.