The latest South African accounting, tax, payroll and business finance news, with practical insights for your business.
66 articles matching “Accounting Compliance” Clear search
Compliance
CIPC has introduced geolocation functionality for company and close corporation address changes. SMEs should review their registered physical address now to avoid inaccurate records, rejected amendments and unnecessary administrative costs.
Read articleTax & SARS
SARS has updated the facility code list used in Box 30 of the Goods Declaration to include a new Durban container depot. Importers, customs agents and finance teams should check their master data, shipment records and reconciliation controls before using the new code.
Read articleTax & SARS
SARS guidance confirms that schools leaving the VAT system must complete key corrections, asset reviews and credit-note processes by the November 2026 VAT period.
Read articleTax & SARS
South Africa’s 2026 draft tax bills are moving through parliamentary consideration. They are not law yet, but businesses should monitor the process and assess potential compliance implications.
Read articleTax & SARS
SARS’s updated 2026 guidance means qualifying micro-businesses with annual turnover of up to R2.3 million should reassess whether Turnover Tax remains suitable for their structure, records and growth plans.
Read articleTax and SARS
SARS now allows taxpayers, registered representatives and tax practitioners to request the unmerging of incorrectly combined entity records directly on eFiling. Businesses should review their profiles before submitting tax returns or making payments.
Read articleTax & SARS
A recent SARS investigation into alleged VAT refund fraud is a timely reminder for South African businesses to strengthen VAT records, approval controls and supporting-document checks.
Read articleTax and SARS
SARS’s October 2026 SMME guidance reminds businesses to confirm that the correct registered representative is linked and activated before managing tax affairs on eFiling.
Read articleTax and SARS
SARS has confirmed an important 2026 filing-season change to the tax treatment of certain assessed losses. Sole traders and individuals with side-business income should review whether the revised Section 20A threshold affects their provisional tax estimates and record-keeping.
Read articleAccounting & Reporting
CMS Circulars 27 and 28 introduce future auditor-rotation requirements for public-interest medical schemes and encourage joint or shared audits. Finance teams should begin mapping tenure, independence and transition requirements well before 2028.
Read articleCompliance
CIPC is introducing stronger verification for certain company director amendments, including one-time password confirmations by a majority of the board.
Read articleTax
SAICA has asked National Treasury to clarify how provisional taxpayer status is determined and to provide relief where obligations only become clear after year-end. The proposal is not law, but it highlights practical cash-flow and compliance risks for businesses with irregular income.
Read article
