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Procurement During COVID-19 Under the Spotlight

Procurement During COVID-19 Under the Spotlight


National Treasury National treasury and the Auditor-General will publish Preventative Control Guides on 9 September 2020. Treasury announced this in a briefing to parliament on procurement during the COVID-19 pandemic.…

Taxation of the Digital Economy Under Discussion


National Treasury The Coronavirus pandemic has made the discussion on the taxation of the digital economy more urgent as countries are now embarking on economic recovery plans. The deputy minister…

Schedule 2 of Customs and Excise Act Amended


South African Revenue Service The South African Revenue Service has published two amendments to Schedule 2 of the Customs and Excise Act. The amendments were published in Government Gazette 43614:…

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 43608. Rule 19A.11 is amended by…

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 43569. Rule 59A.03 is amended by…

Covid-19 Loan Guarantee Scheme Reviewed


National Treasury The Covid-19 Loan Guarantee Scheme has been reviewed to make it easier to access. In a statement, national treasury indicated that “some of the changes include that bank…

SARS Calls for 2020 Tax Returns


South African Revenue Service The South African Revenue Service (SARS) has called for tax returns for the 2020 year of assessment to be submitted. The call was made in Government…

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 43464. Rule 59A.01A is amended by…

Financial Sector Laws Bill to be Tabled Soon


National Treasury The Draft Financial Sector Laws Amendment Bill will be tabled in parliament soon. National treasury published the draft bill’s explanatory summary in Government Gazette 43441. In a recent…

Payment of Excise Duty on Tobacco Products Deferred


South African Revenue Service The payment of excise duty on tobacco products, beer and wine can be deferred for 90 days. The South African Revenue Service (SARS) published amendments to…