I've heard so. Unfortunately the only real impact is adding fees, paper work and delays to legitimate transactions, while illegal transactions will continue. All other countries manage to meet FATF requirements without exchange control, so shoving that in here is clearly not the solution (just a...
Thanks - looks interesting based on initial searching. I guess it will depend how well it's supported for customers in Namibia and merchants in SA, but will research it further.
So the SARB in all its wisdom is blocking EFT payments from CMA regions such as Namibia from April 2024, and all future payments to and from SA in ZAR must be done via SWIFT. I believe there will be a reduced rate of R15 for FNB NA -> ZA payments, but coupled with all the additional steps and...
Just file a zero income tax return for any missing years via eFiling (get an accountant if you're unsure). However, I got this SMS too but I have filed my income tax returns and when checking eFiling there's no issues. So seems it may not be valid for everyone.
Hi all,
Anyone having issues with FNB to FNB EFTs taking a day to clear? It's only impacting higher-value transactions (ie. around R2,000 or more), but most now only clear the following day around 7am rather than immediate. This is impacting our business due to the delays.
So CIPC decided to "upgrade" their website and services, including Bizportal, and after being down for 4 days since last week, the new website is completely broken. Most people can't login, and those that can login, can't actually use any of the services. Tons of placeholders everywhere with...
No sensitive cardholder data. At the moment, it seems there's some kind of data leak, but it's not clear to what extent. Basically there's been some (failed) attempts on the server using user data that should not have been available to anyone (it's too specific to be random attempts). So need to...
Thanks. But it seems they're more offering consultation for prevention, rather than specifically offering incident response for when a breach has occurred?
Can anyone recommend an (ideally) local company that can assist with a possible breach on a hosted website/server? Basically, identifying if a breach has happened, and if so, how to remedy the problem.
Thanks!
So I know you can reduce your personal tax by deducting expenses incurred while working from home (based on percentage of square meterage used), however, can you do it another way and just charge your own business rent every month? Obviously you'd have to declare the rental income in your...