News and Views - March 2008

Disclaimer: Please note that this article is at least 12 months old.
Any information herein was accurate when published on 17 March 2008

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In this issue...

Final Dividend withholding Tax

Secondary Tax on Companies has been replaced by a final dividend withholding tax which will become effective in 2009. This allows both companies and SARS to develop systems and procedures to administer this tax. - Click here to read more


Annual Returns for Close Corporations

The compulsory submission of annual returns for Close Corporations becomes effective on 1 May 2008 - Click here to read more


Responsibilities of Trustees of Retirement Funds

The fiduciary role of the trustee of a retirement fund is more onerous than is often understood. Trustees may be held to account if they have not discharged their responsibilities in good faith - Click here to read more


Electronic Funds Transfer Fraud

The increasing use of electronic funds transfers is accompanied by an increase in EFT fraud. Users do not always understand how EFT systems operate and the controls that should be in place and rigorously enforced to avoid what could be calamitous financial consequences - Click here to read more


Disclaimer: Please note that this article is at least 12 months old.
Any information herein was accurate when published on 17 March 2008