Posts by editor

Directors of companies should take note of the provisions regarding financial assistance to directors or director-related parties, as laid down by the new Companies Act of 2008 and, particularly, section 45 of the Act. Read more…

For more information please refer to our morning seminar on the Tax Administration Act to be held on Thursday 18 October 2012. We can also arrange an in-house workshop on the Tax Administration Act to be presented to your personnel, if this is more convenient for you. Please refer to the draft agendas for either the seminar or inhouse-workshop attached.

Joining a professional organisation may represent an outstanding return on what amounts to a modest, manageable investment of time, money and effort. The connections you make, the resources you have access to and the ideas and advice you’ll discover may turn out to be beneficial to both your professional development and your career. Read more…

The Promotion of Access to Information Act (PAIA) requires all public and private companies to make specific information about the company, close corporation, private or public entity available on request. Read more…

In an effort to achieve greater equality in the treatment of medical expenses across income groups, the medical scheme contribution deduction (limited to a prescribed capped amount) is replaced by a medical scheme contribution tax credit for taxpayers under the age of 65. Read more…

Exceed Private Client Services offer a variety of property-related services, including property valuations, rental administration and bond applications. Read more…

Paragraph 51A of the Eighth Schedule of the Income Tax Act, introduced in 2010, pertains to companies and trusts being used to purchase residences to avoid the imposition of transfer duty. Read more…

The Tax Administration Bill (TAB) is expected to come into effect during the last quarter of 2012. Some of the most noteworthy advantages and disadvantages of several new provisions of the Bill are discussed here. Read more…

Amendments to the tax legislation on key person insurance policies require employers to take action in respect of certain policies before 31 August 2012. Read more…