When a taxpayer files a tax return, SARS may send a request for verification or “audit request” in which it seeks clarification and/or supporting documentation from a taxpayer. Source: BusinessTech
The South African Revenue Service has sent audit requests to taxpayers requesting them to disclose cryptocurrency trades and purchases. Source: MyBroadband
The Ford Motor Company says it will increase its presence in South Africa, with plans to invest R15.8 billion and create 1,200 jobs in the coming years. Source: BusinessTech
The number of commercial property owner occupiers who are selling or relocating because of financial pressures continued to rise in the fourth quarter of 2020, commercial property data from FNB shows. Source: BusinessTech
Low-code is an approach to software development where applications are developed and delivered with the help of code generation and automation. Source: BusinessTech
Eskom’s proposed electricity tariff changes could see the electricity bill of average South Africans skyrocket, according to energy expert Ted Blom. Source: MyBroadband
Security group Tracker has published its the latest Tracker Vehicle Crime Index, detailing how the country’s lockdown has impacted hijackings and other vehcile crimes in South Africa. Source: BusinessTech
Since the start of 2021, there have been numerous signs that Apple Pay will soon arrive in South Africa. Source: MyBroadband
Civil society group Corruption Watch has published a new report showing how South African employees lost out on payments through the Temporary Employer/ Employee Relief Scheme (TERS) as a result of corruption and maladministration. Source: BusinessTech
VodaLend offers South African businesses fast turnaround times on application approvals and the ability to access the cash they need with minimal effort. Source: MyBroadband
