Khwalo News


TAX RETURN (IRP6)

The South African Revenue Service (SARS) would like to remind you of the submission deadline for the Provisional Income Tax Return (IRP6) and the accompanying provisional tax payment deadline of 31 August 2018....

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CIPC ANNUAL RETURNS

We have been informed by CIPC that SMEs who do not prepare their annual financial statements within six (6) months of year-end will face a 10% penalty on revenue. This is the result of a recent High Court order (CIPC v Citi connect 9503/18) that confirmed the CIP's authority to issue administrative penalties for general non-compliance to the Companies ACT, 2008...

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Urgent Notice: BEE Certificates

We urge all our clients that we have issued BEE certificates for, that they must return them so that we can help them with sworn affidavits. Based on the correspondence we received from the B-BBEE Commission all the entities are supposed to provide sworn affidavits instead of BEE Certificates issued. The sworn affidavits will be issued based on the company turnover... ...

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