
Stack up the evidence when claiming interest expenses
Taxpayers carrying on trade as an investment holding company should ensure they can demonstrate a high degree of involvement in the operations of the subsidiaries.
Taxpayers carrying on trade as an investment holding company should ensure they can demonstrate a high degree of involvement in the operations of the subsidiaries.
A high-value good is an actual physical item, and facilitating the trade of high-value goods does not make one a HVGD.
The FSCA has launched the second and final batch of the 22-module online course for board members of retirement funds.
The Authority should have conducted its own investigation and not relied solely on information provided by the insurer, the Tribunal says.
The FSCA publishes its latest list naming thousands of entities that allegedly owe retirement fund contributions.
The agenda includes FICA compliance, the roll-out of Omni-CBRs, and managing the risks around business email compromise.
The FSCA reiterates that copy or mirror trading amounts to unlicensed discretionary FSP business.
One of the businesses admitted to issuing more than 4 000 policies and collecting R14 million in premiums without having a licensed underwriter.
The Authority warns key individuals not to associate their names with ODP operators without knowing how they are conducting their business.
Jooste was more blameworthy than others because he deliberately contravened the law and was well qualified to understand his conduct’s implications, the FSCA says.
The FSCA is still waiting for him to make good on the reduced fine of R20m imposed in December 2022 for insider trading.
An application clause will provide for the Pension Funds Act to prevail over the Divorce Act where the Acts’ provisions conflict.
The Authority’s Statement on Consumer Vulnerability will inform its engagements with stakeholders, starting this year.
The FSCA’s inspection identified defects with the implementation of the RMCP and a failure to conduct a thorough client due diligence.
The response to the Centre’s appeal to submit the outstanding risk and compliance returns ‘is not good enough’.
You can break tax residency via the SARS tax emigration process or annually via the application of a double taxation agreement.
The Labour Court upholds AdviceWorx’s application to enforce its restraint agreements against advisers who joined Wealth Associates.
Notifications