SARS pays back R10bn, but some taxpayers’ refunds are being withheld

Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.

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Fiscal Cliff – a far more understandable explanation

US tax revenue: $2,170,000,000,000 Federal budget: $3,820,000,000,000 New debt: $1,650,000,000,000 National debt: $14,271,000,000,000 Recent budget cuts: $38,500,000,000 Let’s now remove eight zeros and pretend it is a household budget: Annual family income: $21,700 […]

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Regulatory Changes Envisaged in 2013

The Financial Services Laws General Amendment Bill will see substantial changes and updates in respect of 11 different laws affecting the financial services industry. According to Business Day, the national treasury will attempt […]

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Inseta RE Prep Workshop

We managed to obtain the link to the registration page for those individuals wishing to attend the workshops aimed at improving their chances of writing the level 1 REs successfully. Please click here […]

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Private Equity Fund Exemptions

Board Notice 208 of 2012 provides a measure of relief in terms of certain mandate and liquidity requirements to persons conducting financial services related business with private equity funds. The Board Notice contains […]

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A Picture Paints a Thousand Words

The predictions contained in the Mayan Calendar of the demise of the world on 21 December led to quite a bit of mirth around the world. For some, it had other, worse concerns […]

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RE Standards

An article on the pass mark of recent matric exams, reminded me of one of the controversial aspects of the regulatory exams – the pass mark of 65/66%. Professor Jonathan Jansen is arguably […]

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Inseta Preparation Workshops

The workshops, aimed at assisting those who had difficulty in passing the level 1 regulatory exams, will run from 22 January to 19 February 2013. The FSB circular 13 of 2012 indicated that […]

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Yesterday, Tomorrow and Thereafter

Bobby discusses the second test starting tomorrow, and Paul looks at the period leading up to when the official number one side in test cricket is crowned. We came across a wonderful website […]

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Regulation of Tax Advisors

This legislation will also affect all financial advisors who provide tax services to their clients. With the promulgation of the Tax Administration Amendment Act at the end of last year, all tax practitioners […]

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Important Changes to Fit & Proper Requirements

The publication of Board Notice 202 of 2012 brings about very important changes to the definitions of “Annual Expenditure”, “Liquid Assets” and “Management Accounts”, amongst others. This may impact significantly on your financial […]

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The demise of Hayibo

One of the sad demises of 2012, was the Hayibo website. Their satirical look at current affairs led to them being described as “South Africa’s second-best source of made-up news, after the SABC”. […]

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Make financial planning a priority in 2013

This latest “GrayIssue” from Allan Gray is a well written article inviting clients to: “Make financial planning a priority in 2013” Research from the US1 shows that financial planning is a critical factor […]

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FSB Circular 13 of 2012

This is a follow-up circular to FAIS circular 12/2012 distributed on 7 December 2012. The purpose of this circular is to communicate information regarding the following: Additional information regarding the extension of the […]

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Compliance Report Workshops

Our normal Telematics broadcast will be hosted on the 6th February 2013, from 09H00 to 12H30 at the following 8 venues: Bloemfontein East London Johannesburg Klerksdorp Polokwane Port Elizabeth Pretoria Stellenbosch Special Face-to-face […]

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