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        <title>Polity.org.za | Werksmans</title>
        <description><![CDATA[Above-and-Beyond Approach Ensures Optimal Outcome That Position Our Clients For Success. We Deliver A Unique Client Experience, Going Far Beyond The Application Of Law. Solution-driven Thinking. Corporate and Commercial. Unrivalled Expertise.]]></description>
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            <title>Are raising fees similar to interest? The Supreme Court of Appeal says yes</title>
            <link>https://www.polity.org.za/article/are-raising-fees-similar-to-interest-the-supreme-court-of-appeal-says-yes-2026-09-09</link>
            <description><![CDATA[In our article published in February 2025, which can be accessed at https://werksmans.com/are-raising-fees-similar-to-interest/, we discussed a judgment by the Tax Court sitting in Cape Town determining that raising fees constitute finance charges which are “similar to interest” and therefore tax deductible if they are incurred in the production of income, even if they are capital in nature. SARS appealed the Tax Court’s finding directly to the Supreme Court of Appeal (SCA). On 7 September 2026, the SCA handed down judgment in C:SARS v Cornucopia Trust (469/2025) [2026] ZASCA 116, finding in favour of the taxpayer. The issue]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Wed, 09 Sep 2026 09:25:00 +0200</pubDate>
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            <title>The Competition Commission’s Rural and Township Economy Project – Be well advised to sit up ...</title>
            <link>https://www.polity.org.za/article/the-competition-commissions-rural-and-township-economy-project-be-well-advised-to-sit-up-and-listen-2026-09-04</link>
            <description><![CDATA[On 3 September 2026, the Competition Commission of South Africa (‘the Commission’) published a research report highlighting its findings on the Rural and Township Economy Project (‘the Report’). The purpose of The Report is to inform policy makers, regulators, and business leaders about the economic dynamics in South Africa’s township and rural areas, focusing on competition and economic participation. It was authored by researchers within the Commission’s Economic Research Bureau, Qhawe ...]]></description>
            <author>Creamer Media Reporter  </author>
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            <pubDate>Fri, 04 Sep 2026 14:43:00 +0200</pubDate>
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            <title>The regulator is watching: New enforcement signals for POPIA and PAIA compliance</title>
            <link>https://www.polity.org.za/article/the-regulator-is-watching-new-enforcement-signals-for-popia-and-paia-compliance-2026-09-01</link>
            <description><![CDATA[The Information Regulator (Regulator) has put down a marker. In a media briefing held today, 31 August 2026, the Regulator delivered a comprehensive account of its enforcement activities under both the Protection of Personal Information Act (POPIA) and the Promotion of Access to Information Act (PAIA). The briefing also marked a significant institutional milestone: 2026 is the Regulator’s 10-year anniversary, having been formally established in December 2016, and five years since the ...]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Tue, 01 Sep 2026 08:40:00 +0200</pubDate>
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            <title>Could a smartwatch topple your company’s security?</title>
            <link>https://www.polity.org.za/article/could-a-smartwatch-topple-your-companys-security-2026-08-27</link>
            <description><![CDATA[Organisations have spent the last decade locking down workplace technology like laptops, smartphones and enterprise networks to prevent system breaches. But wearable tech like AI-enabled smart glasses, earbuds, watches and rings has slipped under the radar, despite being able to receive and record confidential communication and analyse documents. With millions of these devices in use every day, they are a governance blind spot that companies should be seriously considering. Wearables, once associated mainly with fitness tracking, have become embedded in daily life. According to the IDC’s Worldwide Wearable Device Tracker, global wearable-device shipments totalled 145.7-million units in Q1 2026, an increase of 4.3% year-on-year. And unlike laptops and smartphones, they are not always seen as part of an organisation’s technology environment.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Thu, 27 Aug 2026 10:05:00 +0200</pubDate>
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            <title>Revisiting zero-tolerance policies: The NBCCI’s ruling on cannabis use</title>
            <link>https://www.polity.org.za/article/revisiting-zero-tolerance-policies-the-nbccis-ruling-on-cannabis-use-2026-08-25</link>
            <description><![CDATA[In National Union of Metalworkers of South Africa obo Nyawuza / PFG Building Glass [2024] 6 BALR 595 (NBCCI), the National Bargaining Council for the Chemical Industry (“NBCCI“) considered an unfair dismissal dispute concerning an employee who was dismissed for misconduct after testing positive for the presence of cannabis in his system. FACTS]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Tue, 25 Aug 2026 13:58:00 +0200</pubDate>
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            <title>When can you set your mind at ease? Tax and the prescription issue</title>
            <link>https://www.polity.org.za/article/when-can-you-set-your-mind-at-ease-tax-and-the-prescription-issue-2026-08-21</link>
            <description><![CDATA[SARS is generally prohibited from challenging income tax assessments that are over three years old, unless it can prove that the taxpayer was not correctly assessed as a result of fraud, misrepresentation or the non-disclosure of material facts on the part of the taxpayer. For SARS to assess after the three-year prescription period, two requirements must be met: (1) there must be fraud, misrepresentation or non-disclosure by the taxpayer; and (2) the fraud, misrepresentation or non-disclosure must have been the reason why the full amount of tax was not assessed – in other words, there must be a causal link between the taxpayer’s conduct and the incorrect assessment. If either of these requirements are not met, SARS is not entitled to make adjustments to your income tax assessments that are over three years old.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Fri, 21 Aug 2026 09:47:00 +0200</pubDate>
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            <title>The Bogeyman that is the GAAR</title>
            <link>https://www.polity.org.za/article/the-bogeyman-that-is-the-gaar-2026-08-21</link>
            <description><![CDATA[The general anti-avoidance rule – or the GAAR as it is “fondly” referred to in the tax world – has had a lot of media attention in the past short while. The GAAR has been the feature of tax legislation for many decades, though it has gone through various iterations. The latest version, which came into force in 2006, was designed to counter a number of principles that had been handed down by the courts that allowed taxpayers to escape the grasp of that legislation. Interestingly it has taken some twenty years before some substantive and detailed decisions have been handed down by the courts on the “new” version.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Fri, 21 Aug 2026 09:45:00 +0200</pubDate>
        <a_id>728437</a_id>
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            <title>South African exporters: Take note!</title>
            <link>https://www.polity.org.za/article/south-african-exporters-take-note-2026-08-21</link>
            <description><![CDATA[The EU’s Carbon Border Adjustment Mechanism has shifted from paperwork to payment in 2026 and South African exporters of steel, aluminium, cement and iron are squarely exposed. CBAM certificates became payable from 1 January 2026, and steel, aluminium, cement and iron exporters to the EU face rising costs as certificate coverage climbs from 2.5% of embedded emissions in 2026 to 100% by 2034. South Africa’s rising domestic carbon tax is the main lever to offset the EU charge but only if emissions data is verified and reported. What exactly is CBAM?]]></description>
            <author>Creamer Media Reporter  </author>
            <category>Werksmans</category>
            <pubDate>Fri, 21 Aug 2026 09:42:00 +0200</pubDate>
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