Latest News

Stay up to date with the latest financial news and regulatory updates!

Visit the careers page to view the SAICA and SAIPA learnership opportunities at C2M.

section-free-creative-child-themes

New format for financial statements: XBRL

Extensive Business Reporting Language (XBRL) Article by Elzanne de Bruin AGA (SA) There are new requirements in terms of the format of financial statements namely XBRL (Extensible Business Reporting Language).  As of 1 July 2018, certain Companies and Close...

read more

SARS and Third Party Submission

Third Parties (for example attorneys, medical schemes, fund administrators and estate agents) are required by law to send information to SARS via a return. This means that a bank, for example, must provide SARS data pertaining to interest paid on a savings account to...

read more

Tax Planning for 2018/2019

It is the beginning of a new tax year and the best time to start with tax planning. There are several deductions available that individual taxpayers should be aware of. Tax Free Investments: All major institutions have tax free investment products available. These...

read more

Bitcoin and Tax

The 80’s was an awesome decade – well at least for me. The bands were great. Bon Jovi, Duran Duran, U2, Tears For Fears, The Cure, R.E.M, Depeche Mode, The Smiths, The Pixies, Alphaville, A-ha and Def Leppard to name but a few. TV was absolutely fabulous. Knight...

read more

Trusts and Estate Planning

When a person dies, that person is deemed to have disposed of his or her assets (for tax purposes) on the day before death for an amount equal to the market value of those assets at that time. All assets of the deceased fall into these deemed disposal provisions,...

read more