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Constitutional Court delivers bad news for loyalty programme operators

Constitutional Court delivers bad news for loyalty programme operators By Opinion By Jean du Toit and Elanie Nunez On 21 May 2021, the Constitutional Court handed victory to SARS in a decision that may have sweeping ramifications for retailers who operate loyalty plans similar to the Clicks ClubCard loyalty programme. What was at stake for Clicks and other retailers? The matter of Clicks Retailers Limited v Commissioner for the South African Revenue Service [2021] ZACC 11 involved the application of section 24C of the Income Tax Act No. 58 of 1962 to its loyalty programme. Section 24C allows taxpayers to defer paying tax on income if it accrues in terms of a contract and that income will also be used to finance future expenditure. The taxpayer may then, in terms of section 24C, claim a deduction in respect of such future expenditure, provided the income and the obligation to incur the future expenditure arise from the same contract.

ConCourt delivers bad news for loyalty programme operators

ConCourt delivers bad news for loyalty programme operators
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Some Central Coast schools now allowing prom, in-person graduation

Some Central Coast schools now allowing prom, in-person graduation Copyright 2019 The Associated Press. All rights reserved Rich Pedroncelli/AP and last updated 2021-05-01 01:50:05-04 Now in the orange COVID-19 tier, some schools in San Luis Obispo and Santa Barbara Counties will allow prom and in-person graduation ceremonies. Melanie Nunez, a senior and ASB Executive President at Lompoc High School, was direct about what has been lost during the pandemic. “We have waited for this for so long and obviously they’re milestones, at least for me as a senior,” she said. Deputy Superintendant at Lompoc Unified School District Bree Valla described how different the prom in her district would be this year.

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