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20 07 2012

PKF 90th Celebration

PKF Durban officially turned 90 years old in March 2012, and the Partners decided to host a party for all former article clerks and some of the current staff who had been a part of the PKF Durban family for more than 10 years. After months of contacting former clerks, arranging d├ęcor and preparing prizes, Thursday 13 September arrived on the calendar. Last-minute details were fixed in place, the Durban Country Club looked spectacular, and we were ready to reconnect with old friends to relive memories and make new ones.

28 02 2012

Tax Update 2

A reminder to all employers that the 2013 PAYE interim reconciliation filing season is currently open and the submission due date is 31 October 2012. We have briefly set out below some of the new aspects to take note of.

23 02 2012

Tax Update

The Value Added Tax Act requires a VAT registered supplier of goods or services to issue a tax invoice to the recipient of goods or services within 21 days of making a supply. If a supplier subsequently grants an allowance to the recipient that results in a decrease in the original purchase price of the goods or services supplied (in terms of an agreement), the supplier must issue a credit note.

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