Global Expertise, Local Knowledge
Welcome to PKF South Africa
PKF is one of the largest mid-tier accounting firms in South Africa, providing high-quality audit, accounting, tax and business advisory solutions.
We strive to open up your world to the possibilities for growth and inspire confidence in decision-making.
PKF works with entrepreneurial businesses of all sizes. What gives us most satisfaction is taking on an ambitious business and helping it to rise up and become one of our major clients. We have the skills and experience to help you take your business forward, giving you the focused support that developing businesses need.
Our size and structure give you direct access to real experience, fast. Our partners are accessible to you on each engagement, and are unwavering in their commitment to provide straightforward advice.
Our worldwide network is made up of experienced and trusted advisors from independent member firms globally, enabling the sharing of expertise and experience. The PKF network collaborate to deliver solutions in a timely and professional manner, which underpins our ability to offer you globally relevant advice, grounded in local knowledge.
PKF signs global partnership with Xero
Capital Gains Tax: At what point in time is it triggered?
Mr. S concludes an agreement to sell fixed property (“Property S”) to Mr. P on 20 January 2021, subject to Mr. P concluding an unconditional agreement of sale to sell his own fixed property (“Property P”) by 20 February 2021. Mr P concludes an unconditional agreement for the sale of Property P on 2 February 2021. The Deeds Office registers the transfer of Property S on 20 May 2021.
Not to be overlooked: The importance of an accurate tax return
Recent South African case law emphasises the extreme importance of ensuring tax returns are completed accurately. The incorrect disclosure of factual information in a tax return could have far-reaching consequences for the taxpayer – despite such incorrect disclosure being innocently made.