● Share Block Companies and Accrual — SARSTC IT 77406 & IT 77357 (24 August 2026) — Tax Court confirms rental income accrues to a share block company, not its shareholders; s10(1)(e) exempts only levy income. ● ADR Process — SARS updated guide (Issue 2) on the Alternative Dispute Resolution process — when it applies, how it works, and where the burden of proof sits. ● Interpretation note 146 — the meaning of "deemed to be one and the same person" for wear-and-tear allowance entitlement under a s44 amalgamation transaction. ● Interpretation note 54 (Issue 3) – now covering fruitless and wasteful expenditure under s23(o)(iii) for the first time since the provision was introduced in 2019. ● Binding Private ruling 430: Distribution of Loan Claim — tax consequences of a resident trust distributing part of a loan claim to a foreign trust; treated as a donation, exempt under s56(1)(l). ● Binding Private Ruling 429: Employee Incentive Trusts — cash grant to an employee incentive trust and vesting of shares to qualifying employees; s23H prepayment rules apply to the company's deduction. ● Understanding Penalties — August SARS newsletter topic — the monthly administrative penalty regime for late returns, and the distinction between administrative penalties, understatement penalties and interest. Newsworthy Items ● China Zero-Tariff Trade Scheme — New CHN Additional Information Code for traders. ● SARS Employer Interim Reconciliation — 21 September – 31 October 2026. ● SARS VDP Leaflet — Updated leaflet on the Voluntary Disclosure Programme. ● TCS Functionality Guide Updated — Non-resident directors making multiple transfers of rental income or director's fees now only need one Approval for International Transfer (AIT) application per year; specific supporting documents required for each. ● SARS Third-Party Data Bi-Annual Submission — Open 1 September – 31 October 2026 — covers banks, insurers, medical schemes, employers, s18A entities, attorneys/estate agents, trusts and more, across the IT3(b)/(c)/(d)/(f)/(t) categories. ● Amendments to Export Regulations — Proposed revision to regulation 8(2)(e)(ii) to include terminal operators licensed under the National Ports Act. ● VAT Modernisation Consultation Paper — Open for public comment until 16 October 2026.

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● UKEB Report on Accounting for Intangibles — UK Endorsement Board publication on the accounting treatment of intangible assets.

● Fixed-Term Contracts — No Genuine End Date — South African Clothing and Textile Workers Union obo Members v R Padayachee N.O. and Others (D246/2022) [2026] ZALCD (16 July 2026) — Labour Court finds "completion of task" cannot fix a contract term where no specific task is identified; employees held to be the entity's own permanent employees.

Ethics ● Compiling & Auditing the Same Financial Statements — Only permitted for voluntary (non-statutory) audits; creates a self-review threat that must be identified, evaluated and documented, with appropriate safeguards. Governance ● Related Parties Under the Companies Act — Where the Act imposes specific requirements because parties are related or inter-related: share issuances (s41), financial assistance (s44 & s45), share buy-backs (s48), and directors' personal financial interests (s75). Newsworthy Items ● CIPC Notice — Registered Address — Reminder for companies to update their registered address. ● CIPC Notice — Sustainability Reporting Working Group — Establishment of the National Adoption Readiness Working Group (ARWG) on sustainability reporting. Risk and Compliance ● FIC Directive 12 — RMCP Submissions — Gazetted 4 September 2026, effective 7 September 2026 —accountable institutions must submit their Risk Management and Compliance Programme via goAML by 9 October 2026 (legal practitioners, TCSPs, gambling institutions, credit providers) or 31 October 2026 (estate agents, Postbank, high-value goods dealers, SA Mint, CASPs), annually thereafter.