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Latest from SAICA

SAICA calls for rapid, decisive action from the South African Government
Johannesburg, 15 July 2021 – Following six days of ongoing rioting and violence, which is impacting innocent citizens’ lives and livelihoods, the South African Institute of Chartered Accountants (SAICA) calls on the South African Government to implement its recent decision to strengthen law enforcement on the ground

Associate General Accountant designation now available to WITS students and alumni
Johannesburg, Thursday 15 July 2021 – Exciting new prospects for those who studied BCom Accounting at the University of Witwatersrand (WITS) after 2015. The South African Institute of Chartered Accountants (SAICA) has accredited this degree for admission into its mid-tier Associate General Accountants [AGAs(SA)] designation.

SARS Binding Private Ruling confirms concerns regarding the abuse of the Employment Tax Incentive
Johannesburg, 8 July 2021 – The Employment Tax Incentive (ETI) was introduced in 2014 to encourage the employment of younger workers – 18 to 29 years old – by offering an incentive which is set-off against the employees’ tax due each month, thereby reducing the related tax liability for the relevant month/s – for the first two years of employment, subject to specific requirements being met.