SACAP and NPA Partner to Enforce Architectural Profession Act
IFRS Foundation Releases Section 13 Educational Module for Third Edition of IFRS for SMEs
Electronic Communications Amendment Bill: Parliamentary Process Begins
9th SACU Summit to Review Strategic Plan and Customs Modernisation
Proposed JSE Listings Requirements Amendments on Corporate Governance
Ithala SOC Limited: Repayment Progress and Regulatory Updates
Parliament to Finalise 2026 Appropriation Bill and Departmental Budget Votes
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The International Auditing and Assurance Standards Board (IAASB) has initiated a post-implementation review of International Standard on Auditing (ISA) 540 (Revised), Auditing Accounting Estimates and Related Disclosures.
The Prudential Authority has issued a draft directive prescribing requirements for the Internal Liquidity Adequacy Assessment Process (ILAAP), with comments due by 30 April 2026.
The Independent Regulatory Board for Auditors (IRBA) has adopted narrow-scope amendments to align auditing and review standards with revised definitions of listed and public interest entities.
The Independent Regulatory Board for Auditors (IRBA) has approved the Final Pronouncement on Ethics Standards for Sustainability Assurance, introducing a new Part 5 to the IRBA Code of Professional Conduct. The National Assembly and NCOP have called for submissions on the 2026 Division of Revenue Bill and the 2025/26 Special Appropriation Bill, with deadlines set for March 2026. The Department of Sport, Arts & Culture has published the draft South African Geographical Names Council Amendment Bill for public comment, proposing a restructured framework for naming committees. The Department of Employment & Labour has gazetted four sets of amendments to regulations under the Compensation for Occupational Injuries & Diseases Act, No. 130 of 1993, to facilitate the implementation of the 2022 Amendment Act. The Department of Trade, Industry & Competition has invited public comment on substantive draft amendments to the International Trade Administration Act, No. 71 of 2002, which may result in a new legislative framework for trade administration. The Information Regulator has published final regulations under the Protection of Personal Information Act, No. 4 of 2013, providing detailed rules for the processing of health information by specific categories of responsible parties.
The Department of Employment and Labour has gazetted the Labour Law Amendment Bill, 2025, which proposes significant changes to five key pieces of South African labour legislation.
The International Federation of Accountants (IFAC) has launched a global research initiative and online resource to analyze the rapid growth of private equity investment in professional accountancy firms and its regulatory implications. The South African Reserve Bank has released nine draft circulars for public comment, detailing proposed exchange control reforms as outlined in the 2026 Budget Review. The Independent Regulatory Board for Auditors (IRBA) has released Staff Audit Practice Alert 12, providing updated guidance and frequently asked questions regarding sustainability assurance engagements following the adoption of ISSA 5000. The Economic Regulation of Transport Amendment Bill has been signed into law, correcting errors in the 2024 principal Act and clarifying the implementation timeline for new transport regulatory agencies. The Financial Intelligence Centre (FIC) has released a draft public compliance communication (PCC) providing guidance to Special Purpose Vehicles (SPVs) that qualify as accountable institutions under the Financial Intelligence Centre Act, No. 38 of 2001. The Financial Intelligence Centre has published a draft public compliance communication regarding the implementation of the ‘travel rule’ for crypto asset service providers. The Department of Forestry, Fisheries and the Environment has gazetted a revised Biodiversity Management Plan for the African geranium, repealing the 2023 framework. The Department of Co-operative Governance and Traditional Affairs has submitted the draft Traditional and Khoi-San Leadership Bill to Parliament following the gazetting of its explanatory summary.
SARS has issued Government Notice 7182, increasing the tax-free prescribed rate per kilometre for motor vehicle travel to R4.95, effective 1 March 2026. The South African Revenue Service has issued a notice under the Income Tax Act, No. 58 of 1962, increasing the tax-free reimbursative travel rate to R4.95 per kilometre effective 1 March 2026. SARS has issued Notice 7182 in Government Gazette 54228, increasing the tax-free rate per kilometre to R4.95 effective 1 March 2026. The South African Revenue Service has increased the prescribed tax-free rate per kilometre to R4,95 for the 2026/27 year of assessment. The South African Revenue Service (SARS) has published updated daily and overnight subsistence allowance rates, effective for years of assessment commencing on or after 1 March 2026. The National Assembly’s Human Settlements Committee is currently deliberating on the Prevention of Illegal Eviction from & Unlawful Occupation of Land Amendment Bill, which seeks to streamline eviction processes and criminalise the incitement of illegal land occupation. The National Council of Provinces (NCOP) has passed the 2025/26 tax and rates Bills, marking the final parliamentary stage before these measures are signed into law by the President.The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.
