View the collection of Deloitte South Africa press releases....
| Skills Shortage in South Africa - Is Home Affairs on the right track? |
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21 September 2007 |
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South Africa is seen as the land of milk and honey for many African countries because of its strategic position and its fast growing economy. Consequently, our country’s borders are often infiltrated by people who come in search of a better life but the majority do not view immigration compliance as an important aspect when entering the country and they often cross borders illegally. The thousands of Zimbabweans crossing the borders daily is a prime example of this. On the other side of the spectrum are the qualified skilled professionals who wish to come to South Africa to benefit from its growing economy and the... |
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| Chartered Accountancy - The fast track to success in business |
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18 September 2007 |
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The South African Chartered Accountancy (SA (CA)) qualification is internationally accepted, respected and highly-paid. It opens up opportunities to specialise in disciplines as interesting and diverse as auditing, corporate finance, information technology, marketing, fraud investigation and investment advice. The profession offers great flexibility in earning potential, advancement, and exciting opportunities to work in many parts of the world. Four years of intensive academic training plus three years of professional skills development result in South African CAs being very sought after abroad. The Big Four accounting firms contribute... |
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| Bluetooth cell crims hit SA malls (Weekend Witness) |
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11 August 2007 |
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Hackers "Bluesnarf" bank info off phones. Handbag hacking - the new name for the latest in cellphone cyber crime - is coming to a mall near you. According to Dominic White, consultant at Deloitte s Enterprise Risk Services, while most local criminals are still preoccupied with simply filching your phone for re-sale more sophisticated cellphone crimes are round the
corner. |
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| When bluetooth bites (Sunday Tribune) |
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05 August 2007 |
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Turn on the "blue tooth" application on your cellphone in a crowded room, scan for anyone who is active and
send a message to someone with the same make of phone.Whip out your laptop and look up the cellphone brand's website, use the call divert application on your phone and tap in some codes - in a few simple steps you have hijacked someone's cellphone to use and abuse until the owner discovers that he or she has become a victim of technology. |
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| Deloitte research suggests modernising the role of HR to meet increasing strategic challenges |
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16 July 2007 |
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Senior business and human resources executives all agree that people issues are critical to business success, but business leaders believe that HR may be struggling to serve both the enormous strategic and operational implications, according to a new global study conducted by Deloitte and the Economist Intelligence Unit. “Aligned at the Top”, a global and cross-industry survey of 531 HR and non-HR executives, revealed that 85% of participants believe that people are vital to all aspects of their organisation’s performance, and that number rises to almost 90% when respondents were asked to predict three to five years hence. Yet,... |
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| Accounting vs Tax: The great divide |
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28 June 2007 |
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The introduction of the International Financial Reporting Standards (‘IFRS’) and the alignment of the Statements of South African Generally Accepted Accounting Practice (‘GAAP’) with IFRS have resulted in a growing divide between the treatment of certain items of income and expenditure for accounting and taxation purposes. |
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| Ammendments to the Value Added Tax Act: Easing the administrative burden |
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28 June 2007 |
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During 2006 SARS introduced drastic changes to the VAT legislation relevant to local authorities. Most municipalities would have welcomed the idea of simplified VAT administration, which was mentioned as one of the reasons for the amendments. It was widely understood that the new dispensation would do away with... |
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| Offshore companies: Avoid the diversionary tax trap |
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28 June 2007 |
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South African companies that sell goods through offshore subsidiaries may be at risk of the income of these foreign subsidiaries being subjected to tax in South Africa. A South African-controlled offshore company will... |
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| VAT on "direct export sales": Have you got it right? |
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28 June 2007 |
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Rules to be followed before you can levy VAT at the zero rate on a “direct export”. A “direct export” arises when a vendor sells and consigns or delivers movable goods to the recipient at an address in an export country as evidenced by documentary proof to the satisfaction of the Commissioner. Contained in Interpretation Note No.30 (Issue 2), applicable from 1 April 2006 are-
• an explanation of the requirements that need to be adhered to in connection with “direct export” transactions; and
• the prescribed documentary proof that is acceptable to the... |
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| Tax relief for HIV+ employees |
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28 June 2007 |
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Following a public outcry on the taxation as a fringe benefit of medical treatment that HIV+ employees received from their employers, the tax law was changed last year (2006) to exempt this benefit from tax. In the quest for a healthy and productive staff and to curb health-related absenteeism, some employers introduced programmes in terms of which they provided medical treatment to their HIV+ employees. These programmes were aimed mainly at benefiting lower level employees who are typically not members of medical aid schemes and cannot afford the cost of medical treatment for their condition.
Please use the... |
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