News from PKF VGA
Landline: +27 (0)10 595 9610Email: info.vga@pkf.co.za
Our Minister of Finance, Mr Enoch Godongwana has delivered his first maiden budget speech for the 2022 / 2023 fiscal year on Wednesday, 23 February 2022.
Currently, provisional taxpayers with business interests are required to disclose assets and liabilities on their tax return.
KwaZulu-Natal and parts of Gauteng were severely affected by the unrest in July 2021 with many businesses seriously impacted or completely destroyed.
As the SARS year end of 31 March approaches, SARS will focus on cash collections in all forms and manner in order to try and ensure that budget proposals as tabled are met.
If your company applied and received COVID-19 TERS benefits then you should be aware that Phase 2 of the UIF audits on companies who benefited from COVID-19 TERS funds will be starting soon.
