The latest South African accounting, tax, payroll and business finance news, with practical insights for your business.
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Business Finance
A simple rolling cash-flow forecast can help South African SMEs identify shortfalls early, reserve money for tax obligations and reduce avoidable financing costs.
Read articleAccounting & Reporting
A practical accounting insight on aligning company and tax record-retention requirements before old financial documents are deleted.
Read articleTax & SARS
A Bill introduced in Parliament on 21 October 2026 proposes raising South Africa’s compulsory VAT registration threshold from R1 million to R2.3 million. SMEs should model the possible impact, but must not treat the proposal as enacted law yet.
Read articleAccounting & Reporting
The IASB is considering proposed changes to how acquisition-related payments are classified in statements of cash flows. The decisions are not yet final, but South African finance teams can start assessing whether current transaction records will support clearer reporting if the proposals proceed.
Read articleTax & SARS
A new SAICA VAT registration FAQ highlights the need for SMEs to reassess turnover, registration status and supporting records under South Africa’s 2026 VAT thresholds.
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South African businesses selling digital services through online platforms should review how VAT responsibilities are allocated between the platform, the underlying supplier and the customer.
Read articlePayroll
SARS has reminded employers that PAYE must be paid within seven days after month-end, with earlier payment required when the seventh day falls on a weekend or public holiday. SMEs should review payroll calendars, payment controls and filing responsibilities before the next submission cycle.
Read articleTax and Compliance
SARS has announced amendments to the rules governing accredited customs clients, with retrospective effect from 1 September 2025. Importers should monitor the final Government Gazette notice and review supporting records, authorisations and customs-control procedures.
Read articleCompliance
The CIPC’s upgraded Beneficial Ownership Disclosure Module gives law-enforcement agencies faster access to company ownership information. South African businesses should use the development as a prompt to review the accuracy of their beneficial ownership records, securities registers and supporting documents.
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CIPC says entities that fail to comply with issued compliance notices may have that status recorded on their disclosure certificates and may face further enforcement. Companies should review their records and resolve outstanding notices promptly.
Read articleCompliance
CIPC has introduced the first phase of an updated director amendment process, adding OTP confirmations for certain small companies. SMEs should review director records and internal approval controls before submitting changes.
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CIPC is introducing stronger verification for certain company director amendments, including one-time password confirmations by a majority of the board.
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