Compliance/Statutory

B-BBEE Certificates and Verification Agencies

The article acts as a general overview on the necessity of B-BBEE certificates, becoming a verification agency, and equity equivalent programmes for multinational organisations.

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The Revised B-BBEE Codes of Good Practice

The first B-BBEE Codes were introduced in 2007 but, following a review, the South African Government revised the Codes in October 2013. This article discusses the changes to the codes.

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Why you don't need to submit VAT, provisional tax, and income tax returns anymore

If you're registered for VAT, provisional tax, and are a company, you have to submit these returns to SARS. And it's not just once a year. It's one company tax return, two provisional tax returns and six VAT returns. That's nine times a year. That's almost one a month you're spending time preparing for tax return submissions. How much time is that wasting you? But if you qualify for turnover tax, you may not need to do this anymore.

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