The Accounting and Tax Workstream has published a new white paper on the MPG Publications page titled:
Tax considerations of transitioning from JIBAR to ZARONIA for legacy contracts
The paper explores the potential tax implications arising from the transition across affected financial instruments and taxpayers. Its objective is to support contractual continuity, maintain economic equivalence, and provide tax certainty as the market prepares for the cessation of JIBAR.
SAIFM members are encouraged to review and share the paper within their organisations and relevant industry bodies. Comments may be submitted to MPGsecretariat@resbank.co.za by 21 May 2026.
The full paper can be accessed here:
https://www.resbank.co.za/content/dam/sarb/publications/financial-markets/committees/mpg/mpg-ralated-documents/2026/tax-considerations-on-legacy-contracts-jibar-to-zaronia.pdf
