How to make your Audit Committee even more effective

Issued on behalf of the IoDSA by PR Republic Having an audit committee can become a mere box-ticking exercise if it’s not functioning properly, according to the Institute of Directors of Southern Africa (IoDSA). Which would be a real waste considering all the positive effects a well-functioning committee can have on one’s organisation. However, by [...]

Not compliant with zero-rated VAT supplies?

Moneywebtax Expect penalties… According to a leading global audit firm, businesses only realise the importance of effectively managing their zero-rated supplies once challenged by revenue authorities, or when penalties imposed erode hard-earned profits. A zero-rated supply is a category of taxable goods or services where VAT is charged at a rate of zero percent. Vendors [...]