
NON PROFIT COMPANY COMPLIANCE ISSUES
Even though many pieces of legislation impose regulatory requirements on the NPO sector, a serious lack of compliance in this sector was uncovered last week. According to the Ministry of Social Development, more than half of the 140 513 NPO’s are non-compliant. Chief Executive of the SA Institute of Tax Professionals, Stiaan Klue, believes “as professional bodies we realise that volunteers manage most NPO’s, with a passion for helping the poor. Under dire and difficult circum