The risk of EFT fraud when selling a car
Electronic Funds Transfers, better known as EFTs, have become a popular payment method in South Africa, accepted by many in lieu of cash or cheque payments. This allows buyers to reverse payments and essentially fraud sellers into thinking that they’ve been paid. Many accept the printed EFT document as “proof” of a cash payment into […]
SARS prescription
Imagine the following scenario: a taxpayer named Andrew is on his annual vacation for four weeks. On the fifth day of his vacation, he is lying carefree in the sun with his toes wiggled into the warm beach sand. A thought crosses his mind: perhaps he must check his email for a change. Fast forward […]