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Rules on Special Shops for Diplomats Under the Spotlight


South African Revenue Service A recent notice on Rules on Special Shops for Diplomats has been corrected. The South African Revenue Service published the correction notice in Government Gazette 44716.…

Rules on Special Shops for Diplomats in Place


South African Revenue Service Rules on Special Shops for Diplomats have been inserted into Customs and Excise Act Rules. The South African Revenue Service (SARS) published the amended Rules in…

Customs and Excise Act Rules Amended


South African Revenue Service Customs and Excise Act Rules have been amended. The South African Revenue Service published the amended Rules in Government Gazette 44700. Rule 49G.48.05 on transitional arrangements…

National Green Finance Taxonomy on the Cards


National Treasury National treasury has called for comment on a Draft National Green Finance Taxonomy. A Green Finance Taxonomy is described as an “official classification or catalogue that defines minimum…

NA Gives Green Light to Appropriation Bill


Parliament The national assembly has passed the Appropriation Bill and sent it to the national council of provinces for concurrence. The bill was tabled in parliament in February during Budget…

MFMA Exemption for Municipalities Withdrawn


National Treasury The exemption of municipalities and municipal entities from the provisions of the Local Government: Municipal Finance Management Act (MFMA) 56 of 2003 and regulations has been withdrawn. National…

Division of Revenue 2021


Published in GG 44173 of 22 February 2021 Explanatory summary

Parliament Passes Division of Revenue Bill


Parliament Parliament has passed the 2021 Division of Revenue Bill and sent it to president Ramaphosa for assent. The bill was tabled in February during Budget 2021. The bill aims…

Military Pensions Adjusted


National Treasury Military pensions have been adjusted. National treasury published the new amounts in Government Gazette 44635 in terms of the Military Pensions Act. The act refers to various formulas…

IRBA Seeks Two Members for Investigating Committee


Independent Regulatory Board for Auditors The Independent Regulatory Board for Auditors (IRBA) seeks two members for its Investigating Committee. The call for nominations was made in Government Gazette 44615. IRBA…