The tables outline the effective dates of IFRS Accounting Standards, separately identifying the effective date of each significant amendment made to those...
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IFRS Accounting Standards* require disclosure of material accounting policies. These include:[difl_datatable _builder_version="4.27.4"...
The third edition of the IFRS for SMEs® Accounting Standard, issued in February 2025 and effective from January 2027, brings several key amendments compared...
Before formalizing an external audit engagement, auditors are required to follow a structured process to ensure compliance with professional standards and...
The tables outline Standards of Generally Recognised Accounting Practice (GRAP) issued by the Accounting Standards Board of South Africa, effective for year-...
The tables outline the effective dates of IFRS Accounting Standards, separately identifying the effective date of each significant amendment made to those...
![Amendments to Companies Act [Amendment Act 16 of 2024 and Second Amendment Act 17 of 2024]](https://www.nexia-sabt.co.za/wp-content/uploads/2025/02/compliance-400x250.jpg)
In a previous issue, we discussed amendments made to section 30 of the Companies Act relating to a remuneration policy and report. From 27 December 2024,...
Applying professional skepticism during the audit process is integral to our auditing standards. Lacking professional skepticism in audits has led to numerous...
In July 2024, new amendments were made to the Companies Act No. 71 of 2008 (“Companies Act”), particularly related to Section 30 Of the Companies Act that...
The principles illustrated here for IFRS® Accounting Standards can also be applied equally to both IFRS for SMEs Accounting Standard issued by the...
Business News – View all
While on the surface they are just a spot of fun, team building exercises are actually a strategic investment in your business culture and performance. Done...
Growth feels like progress. Sales increase, staff numbers rise, and profit improves. Yet each of these shifts changes your tax position. Here we examine how...
A New Chapter in South African Corporate Governance South Africa’s corporate governance framework has entered a new phase with the introduction of the King V...
The latest global climate summit, COP30, confirmed a shift that South African businesses are already experiencing: climate change is no longer just a policy...
The Companies and Intellectual Property Commission (CIPC) has intensified its enforcement of statutory compliance through a renewed focus on the Compliance...
South Africa’s 2026 Budget highlights the importance of restoring the financial and operational health of public sector institutions, particularly state-owned...
South Africa’s 2026 Budget outlines a modest but improving economic outlook, reflecting gradual recovery alongside persistent structural challenges in the...
South Africa’s 2026 Budget highlights government’s spending priorities over the medium term, emphasising the need to balance fiscal sustainability with...
For many small business owners, cash flow problems feel like a financial puzzle that’s impossible to figure out. It’s a numbers game that puts us at the mercy...
Taxpayers will enjoy long-awaited tax relief with much good news contained in the 2026 Budget. It scrapped the previously announced R20 billion in tax...
Audit and accounting – View all
March 2026 Spotlight on the new Expected Credit Loss (ECL) approach in GRAP The revised GRAP 104 is effective from 1 April 2025. The new Standard introduces a...
By handling almost instantly the repetitive, menial bookkeeping tasks that previously consumed much company time and resources, Artificial Intelligence is...
The tables outline the effective dates of IFRS Accounting Standards, separately identifying the effective date of each significant amendment made to those...
IFRS Accounting Standards* require disclosure of material accounting policies. These include:[difl_datatable _builder_version="4.27.4"...
The document outlines the purpose, scope, eligibility, key features, and implementation timeline of the IFRS 19: Subsidiaries without Public Accountability...
If you want to scale your business, you need to know the numbers. But many entrepreneurs still treat financial roles like interchangeable parts. “I’ve got a...
Small and medium-sized enterprises (SMEs) are increasingly turning to artificial intelligence (AI) to cut costs, improve efficiency, and reduce administrative...
Accounting isn’t just something to worry about during tax season. It’s the engine room of every decision you make, from whether you can hire, to when you...
The third edition of the IFRS for SMEs® Accounting Standard, issued in February 2025 and effective from January 2027, brings several key amendments compared...
The 2025 Budget Speech addressed the economic stagnation of the past decade, with GDP growth averaging less than 2%. In 2024, the economy grew by only 0.6%,...
Taxation – View all
01 April: Start of the 2026/27 Financial Year 07 April: PAYE submissions and payments 24 April: VAT manual submissions and payments 29 April: Excise duty...
The global minimum tax (GMT) – called an “agreement that will really change the world” – will be implemented in South Africa by SARS in 2026/27. While it may...
The recent increases in the compulsory VAT registration threshold to R2.3 million and in the voluntary registration threshold to R120,000 are widely welcomed....
Growth feels like progress. Sales increase, staff numbers rise, and profit improves. Yet each of these shifts changes your tax position. Here we examine how...
Dr Ngobani Johnstone Makhubu Appointed as New SARS Commissioner In a landmark move for South Africa’s tax administration, President Cyril Ramaphosa has...
South Africa’s 2026 Budget Speech introduced a series of tax adjustments aimed at maintaining revenue stability while offering targeted relief to households...
South Africa’s 2026 Budget highlights government’s spending priorities over the medium term, emphasising the need to balance fiscal sustainability with...
06 March – PAYE submissions and payments 25 March – VAT manual submissions and payments 30 March – Excise duty payments 31 March – End of the 2025/6 Financial...
Budget 2026 has brought long-overdue relief to taxpayers by not imposing VAT or income tax hikes and by adjusting the tables for tax rates, rebates and...
Taxpayers will enjoy long-awaited tax relief with much good news contained in the 2026 Budget. It scrapped the previously announced R20 billion in tax...
Advisory and business – View all
A New Chapter in South African Corporate Governance South Africa’s corporate governance framework has entered a new phase with the introduction of the King V...
South Africa’s 2026 Budget highlights the importance of restoring the financial and operational health of public sector institutions, particularly state-owned...
Price changes are part of running a business at this time of the year, and generally one of the first things business owners consider when they return to the...
CEOs, globally and in Africa, are optimistic about the 2026 outlook for their organisations. In fact, most are purposefully investing in AI, talent and ESG....
ISA 402 specifically excludes services provided by financial institutions that are limited to executing transactions specifically authorized by the entity...
The 30th UN Climate Change Conference (COP30), held in Belém, Brazil, was billed as the “Implementation COP,” aiming to turn climate pledges into action....
Small and medium-sized enterprises (SMEs) often face intense pressure to innovate and make decisions quickly. Yet, the traditional boardroom setting can...
Whatever your line of work, moving from solo-business or freelancer to taking on staff is a big choice usually prompted by steady demand you can’t handle on...
South Africa’s VAT registration threshold has remained unchanged at R1 million in annual turnover since 2009. In the intervening years, inflation has eroded...
Many founders believe that sacrificing their own salary is a noble way to keep the lights on. In the early days, it can feel like a badge of honour: every...