Foreword
Welcome to this edition of Balance Point. In a business environment where regulatory expectations, digital risks, and compliance requirements continue to change and evolve, staying informed is no longer optional – it is essential. This edition brings together a focused set of insights designed to keep you informed, without demanding your time. From the growing […]
PAIA Annual Reports for the 2025/2026 financial year
We wish to bring to your attention that the Information Regulator (“Regulator”) has issued a formal notice calling for the submission of PAIA Annual Reports for the 2025/2026 financial year. This request aligns with similar requests issued by the Regulator during the 2024 and 2025 calendar years. The submission of PAIA Annual Reports is a […]
Staff News
Farewell Adrian After more than 12 years at ASL, Adrian de Geus will be leaving the firm at the end of March. Following a period of introspection and reflection on his personal vision, Adrian has decided to start his own practice closer to home. We thank Adrian for his valuable contribution over the past years […]
Roles and responsibilities of trustees
A trust remains a widely used estate and generational planning mechanism to safeguard assets against various risks and to ensure efficient tax planning across generations. A trust is established by a founder, whose intentions and wishes are recorded in the trust deed. The trust deed governs how the trust must be administered and identifies the […]
2026 National Budget Summary
Tax relief and threshold adjustments Following a difficult 2025 Budget marked by revenue pressure and fiscal restraint, the 2026 National Budget signals a noticeable shift in approach. Delivered on 25 February 2026, the Budget recognises the significant burden borne by taxpayers over the past two years. In response, Government has implemented full inflationary adjustments to […]
Foreword
Welcome to 2026 – and to the first edition of our newsletter for the year. To each of our clients and business partners, we extend our sincere wishes for a prosperous, balanced and successful year. May 2026 be a year of steady growth and sustainable success for you. We look forward to building on the […]
ASL celebrates Mandela Day at Tereo Community School
The ASL team had the privilege of spending time with the learners of Tereo Community School on Friday, 25 July. In the spirit of Madiba’s legacy of kindness, service, and giving back, our team dedicated their 67 minutes (and more!) to bringing smiles, laughter, and encouragement to the children. We visited each class to read […]
AI and the impact on taxpayers and tax practitioners
ASL is committed to helping you remain compliant in an evolving tax landscape where the South African Revenue Service (SARS) is increasingly relying on artificial intelligence (AI) to strengthen tax administration. SARS has set its sights on recovering more than R513 billion in unpaid taxes, particularly in VAT and PAYE, and AI is central to […]
Unbundling of the UIF and the Compensation Fund
The unbundling of the Unemployment Insurance Fund (UIF) and the Compensation Fund (CF) is a restructuring project within South Africa’s Department of Employment and Labour (DEL). Through this process, the two entities will be separated from the DEL and will operate as independent Schedule 3 entities under the Public Finance Management Act (PFMA). This transition will subject them to […]
Annual returns: Recent changes and how it affects your company
In South Africa, companies registered with the Companies and Intellectual Property Commission (“CIPC”) are required by law to submit annual returns. This obligation ensures that the CIPC maintains up-to-date records on the status and operations of all companies operating within the country. Failure to comply with this requirement can result in severe consequences, including deregistration. […]