tax evasion

Understanding Beneficial Ownership: Key insights for compliance

With the introduction of new requirements by the Companies and Intellectual Property Commission (CIPC), companies must ensure they accurately disclose information on beneficial owners to remain compliant. 

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Splurging big while reporting small?

SARS intensifies lifestyle audits to combat tax evasion Ahead of Tax Season 2024, the South African Revenue Service (SARS) has stepped up its use of lifestyle audits to identify discrepancies between individuals’ reported income and their actual lifestyle.  This move aims to ensure that all taxable income is accurately declared to combat tax evasion. What

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