![]() ![]() ![]() Briefing presentation for RFP16/2020: Performance Monitoring Solution.Standards and Legislation news – 10 December 2020 19/2020 - Authorised Dealer in foreign exchange 18/2020 - Amendments to the Currency and Exchanges Manual for Authorised Dealers Global Forum Secretariat and African Tax Administration Forum deliver new toolkit to help countries set up and run effective exchange of information units – 14 December 2020 Global Forum Secretariat and African Tax Administration Forum deliver new toolkit to help countries set up and run effective exchange of information units – 14 December 2020.Transparency on tax rulings now the global norm, according to new peer review assessments for over 120 jurisdictions – 15 December 2020.OECD publishes information on the state of implementation of the hard-to-value intangibles approach by members of the Inclusive Framework on BEPS – 16 December 2020.Public comments received on the Reports on Pillar One and Pillar Two Blueprints – 16 December 2020.OCPO ADVISORY TO GOVERNMENT INSTITUTIONS: Afribusiness NPC v The Minister of Finance (Case no 1050/2019) ZASCA 140 (2 November 2020).Status overview of all DTAs and Protocols – Multilateral Convention to implement tax treaty related measures to prevent base erosion and profit shifting (MLI) Synthesised Text.VAT 409 – Guide for Fixed Property and Construction for Vendors. ![]() You are encouraged to review the Tax Directives Interface Specification prior to testing. The Trade Testing dates will be communicated in January 2021. This is necessary to prepare for the go-live date planned within the first quarter of the 2021/2022 Financial Year. SARS will introduce enhancements to the Tax Directives process as indicated in the IBIR-006 Tax Directives Interface Specification Version 6.103. In addition, the validation of source code 4102 – PAYE has been updated to be clear and concise. The correct validation for information code 4587 – Section 10(1)(o)(ii) exemption taken into account by the employer for PAYE purposes has been reinstated. Updated PAYE BRS Employer Reconciliation version 19.5.Arrest of SARS officials for alleged corruption. ![]()
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