Articles by Jessica Anne Wood

SARS announces 2017 revenue target of R1.265 trillion

SARS announces 2017 revenue target of R1.265 trillion

4 July 2017 · Jessica Anne Wood

The South African Revenue Service (SARS) has announced a revenue target of R1.265 trillion for the 2017/2018 financial year.

Could we see data costs decrease?

Could we see data costs decrease?

11 July 2017 · Jessica Anne Wood

The Independent Communications Authority of South Africa (ICASA) has announced that it will conduct “an inquiry to determine the priority markets in the electronic communications sector.”

Gigaba’s 14 point plan: Will it work?

Gigaba’s 14 point plan: Will it work?

16 July 2017 · Jessica Anne Wood

Minister of Finance Malusi Gigaba announced a detailed 14 point action plan yesterday, which aims to bolster South Africa’s struggling economy. The country entered a technical recession in the first quarter of this year, and the action pl...

Beware: The latest MTN SIM swap scam

Beware: The latest MTN SIM swap scam

17 July 2017 · Jessica Anne Wood

Local mobile network provider MTN has warned customers of a new SIM swap scam that sees fraudsters getting customers to divulge their information to carry out illegal and fraudulent SIM swaps.

NCR warns against ‘pawn your car and drive it’ scheme

19 July 2017 · Jessica Anne Wood

An investigation by the NCR revealed that the terms of the “pawn to drive” agreement entered into by Sun Finance were in contravention of the National Credit Act.

The ins and outs of Wish.com

20 July 2017 · Jessica Anne Wood

Justmoney looks at Wish.com and what you should know before using this service.

Repo rate drops by 0.25%

Repo rate drops by 0.25%

19 July 2017 · Jessica Anne Wood

The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) has announced a 25 basic point (0.25%) decrease in the repo rate, bring it down to 6.75%. There were a number of contribution factors to this decision.

What the tax amendments mean for you

What the tax amendments mean for you

23 July 2017 · Jessica Anne Wood

The 2017 Draft Taxation Laws Amendment Bill (TLAB) and the 2017 Draft Tax Administration Laws Amendment Bill, have been released by National Treasury and the South African Revenue Service (SARS) for public comment.

International phone call scams

International phone call scams

26 July 2017 · Jessica Anne Wood

Your phone rings once and before you can reach for it, the ringing stops. A look at the screen indicates that the call originated from another country. Should you phone back to see what the call was about?

Could South Africans earning foreign income face double taxation?

Could South Africans earning foreign income face double taxation?

30 July 2017 · Jessica Anne Wood

The 2017 Draft Taxation Laws Amendment Bill (TLAB) and the 2017 Draft Tax Administration Laws Amendment Bill have proposed the removal of the foreign remuneration exemption.