B2B Central

Mazars

24 Feb 2023

Budget 2023: No wealth tax, but trustees beware

By Staff Writer

SARS warned that it is increasing its focus on trusts following SARS’ analysis of tax compliance by trusts and beneficiaries.
27 May 2022

Covid-19 likely to affect fraud statistics for years to come

By Staff Writer

The Covid-19 pandemic has had a marked effect on the fraud cases that have been reported among businesses over the last two years.

16 May 2022

REITs poised to bounce back as pandemic eases

By Staff Writer

Marc Edelberg, Partner at Mazars Cape Town, explains how remote working and the rise of e-tailing have catalysed an interesting shift in the future trajectory of REITs both locally and globally.
14 Mar 2022

What keeps cryptocurrency auditors awake at night?

By Staff Writer

Cryptocurrency, a new and emerging asset class – valued at around $1.7tn – is being retrofitted into existing rules and regulations that are not tailored to govern the unique way in which it operates.
17 Feb 2022

Minister Godongwana will require the grit and wisdom to make tough decisions, says Mazars head of tax

By Staff Writer

Mazars experts provide predictions on the upcoming 2022 Budget Speech and share their specialist opinion on the country’s most pressing issues.
09 Jun 2021

Why SARS should be more clear on tax compliance for cryptocurrencies

By Staff Writer

It has been more than three years since SARS’s media statement on cryptocurrencies. In this statement, SARS said that it would apply “normal income tax rules” to cryptocurrencies when assessing whether a gain is revenue or capital in nature, and that crypto assets are not seen as currency for income tax purposes.
12 Apr 2021

Regulating cryptocurrencies imperative for mass adoption

By Staff Writer

The infamous case of South Africa’s Mirror Trading International (MTI) has been crowned as the world’s largest cryptocurrency Ponzi scam. A total of around $589 million was lost, affecting hundreds and thousands of investors, according Chainanalysis’ 2020 Crypto Crime Report.
01 Feb 2021

Is Bitcoin the new gold?

By Staff Writer

Bitcoin’s price has once again soared in recent months – as has the price of some of its other cryptocurrency peers, such as Ethereum – making this very modern form of investing a very ‘hot’ topic at the moment. The seemingly ever-increasing price of Bitcoin leaves the world holding its breath once again – as we did at the end of 2017 – waiting in anticipation for the apparent bubble to burst.
26 Feb 2020

BUDGET 2020 - Reaction: Speech aims to win back investor confidence

By Janice Roberts

Minister Tito Mboweni walked the tightrope in delivering his Budget Speech 26 February 2020.
26 Feb 2020

The 2020 Budget will be an exercise in balancing Treasury’s books

By Janice Roberts

South Africa is in critical need of a concrete plan from Treasury for the 2020/21 financial year if it is to overcome its existing economic challenges.

20 Nov 2019

Partnership promotes B-BBEE compliance

By Janice Roberts

Financial services regulatory compliance firm, Compli-Serve SA is pleased to announce that it has concluded an agreement with Mazars Consulting Services “Mazars”, whereby Compli-Serve will refer clients who require broad-based black economic empowerment (B-BBEE) verification or consulting services. 
30 Oct 2019

Treasury to again see a significant revenue shortfall by end of financial year

By Janice Roberts

During the 2019 Medium-Term Budget Policy Statement, delivered on Wednesday 30 October, Minister of Finance, Tito Mboweni, confirmed that Treasury would once again see a significant revenue shortfall by the end of the financial year. With this year’s revenue gap predicted to be around R53 billion, the Minister’s report on the state of revenue collections...