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SARS is ramping up penalties and tax bills (BusinessTech)

Legal experts at Cliffe Dekker Hofmeyr (CDH) have warned taxpayers that the South African Revenue Service (SARS) is on the offensive when it comes to those ...

SARS will exercise its discretion to grant an extension only if there are “reasonable grounds” that exist for an extension to be granted. The warning to taxpayers is that failing to submit a return that is due or failing to submit one on time constitutes “non-compliance” – and if SARS is satisfied that non-compliance exists, it must impose the appropriate penalty in accordance with the table in section 211 of the TAA. “From a more technical legal point of view, it appears that SARS’ legal basis for the issuing of an auto-assessment is section 95 of the Tax Administration Act 28 of 2011 (TAA), which states that SARS may make an original assessment based in whole or partly on an estimate if a taxpayer does not submit a return,” it said.

Intesa Sheds Up to €20 Billion of Assets as ECB Faults Risk (Bloomberg)

Intesa Sanpaolo SpA is cutting risk-weighted assets by as much as €20 billion ($21.6 billion) after the European Central Bank faulted the lender's ...

Own a Lenovo ThinkPad X1 Carbon for up to 50% less (XDA Developers)

If you're looking to buy a new laptop, Lenovo's ongoing deals give you up to 50% off a ThinkPad X1 Carbon, though other models are also discounted.

The Intel version comes with an Intel Core i7-12700H along with up to an Nvidia GeForce RTX 3070 GPU, while the AMD models can be configured with up to an AMD Ryzen 9 6900HX CPU and a Radeon RX 6800S GPU. Aside from the processor and RAM, the Lenovo Tab P11 Pro has a stunning 11.2-inch OLED display with 2.5K (2560 x 1536) resolution, plus it has a 13MP rear camera and an 8MP front-facing camera for video calls. This is a fairly powerful tablet with a MediaTek Kompanio 1300T processor and up to 6GB of RAM. These models are starting at $1,439.99 for the AMD model (instead of $1,799) and $1,559.99 for the Intel model (instead of $1,949.99). In addition to ThinkPads, Lenovo is also offering some big deals on its gaming laptops, and again, you can customize them with the specs you want, so you can save quite a bit depending on what you're looking for. You also get 128GB of SSD storage. You can configure either model with up to 24GB of RAM, and the AMD model can go up to 1.5TB of SSD storage, while the Intel model goes up to 2TB. For example, a top-tier configuration with an Intel Core i7-1280P, 32GB of RAM, and a 1TB SSD, plus an OLED display, comes out to just $2,053, which is an absolutely fantastic price for those specs. The Legion 5 Pro Gen 7 features similar processors, but it comes with up to an Nvidia GeForce RTX 3070 Ti on both Intel and AMD models, and these GPUs can use more power, so you get that much more performance. The AMD-powered Lenovo legion 5 comes with up to a Ryzen 7 6800H processor and Nvidia RTX graphics up to an RTX 3070 Ti with 140W of power. If you've been wanting to upgrade your laptop to something newer and more capable, Lenovo's latest deals may be just what you're looking for. But there are other similar offerings across Lenovo's ThinkPad lineup.

PwC sees off Deloitte to retain HSBC audit worth up to $1bn (Financial Times)

PwC has retained the most valuable audit contract on the London Stock Exchange after overcoming a challenge from Deloitte to sign off the accounts of HSBC ...

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Zverev opens up on diabetes condition that made parents 'very ... (SuperSport)

The German former world No 2, who is on a comeback from tearing ankle ligaments at the French Open last year, was diagnosed aged three with the chronic ...

"You can become anything you want with this kind of illness. "In matches, you never saw me do a shot or anything like that ... "There are a lot of Olympic gold medallists with diabetes. "This is what really stuck in my mind, made me quite upset, to be honest. There is no way you can play such a hard physical sport. there is no way you can be a professional athlete with this kind of illness.

SpaceX astronaut says he saw rainforests burning and dried-up ... (Business Insider South Africa)

From the ISS, you can see many fires between the dark patches of rainforests and the light green areas of agriculture, Astronaut Matthias Maurer said.

They remained on the ISS for six months, conducting scientific experiments, before returning back to Earth in May 2022. "Then you fly further on and you see like desert areas, and you think shouldn't there be a lake here? "That's when you understand people are burning down the rainforests to create more room for agriculture." You don't see anything." - Astronauts can see from the ISS the impact that the climate crisis is having on Earth, he said. When observing Earth from space, you can see dark green areas, which are rainforests, and light green areas, which are agricultural areas, Maurer said.