Latest News

Retirement fund changes: how it affects your retirement fund

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The National Treasury and the Financial Services Board have recently finalised the revision of Regulation 28 of the Pension Funds Act of 1956, which governs retirement fund investment structures.

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Target your customers and hit the business bull’s-eye

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Gerhard Visagie of Exceed UK discusses the importance of knowing your customers, identifying your best customers and increasing your chances of success.

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Accredited training in the workplace

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MBAT (Madiba Bay Accountancy Training) is an accredited training provider offering short courses and learnerships, mainly in the financial sector. Its skills development programme is ideal for employees working with basic accounting on a daily basis.

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Planning for business success

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Running a business without a business plan is like driving blindfolded. Your chances of reaching your destination are slim.

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Scrapping allowance

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In an Interpretation Note (no 60) published by SARS on 10 January 2011, information is given regarding the so-called scrapping allowance referred to in section 11(o) of the Income Tax Act.

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Capital vs ordinary income generated by trusts

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Trusts may distribute income to some beneficiaries and capital gain to others.

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New skills development strategy for South Africa

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The key driving force of the new national skills development strategy (NSDS III) for South Africa is improving the effectiveness and efficiency of the skills development system.

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Consumer Protection Act and Property Transactions

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The new Consumer Protection Act has important ramifications for property transactions. Put in a nutshell, property sellers, buyers and estate agents should be aware of the following:

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Testamentary trust provisions must be constitutional

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Freedom of testation is a fundamental principle of our law of succession (also enshrined in section 25 of the Constitution). However, when property is bequeathed to a testamentary trust, the testator should ensure that it’s provisions are constitutional.

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Benefits of outsourcing HR services

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The popularity of outsourcing human resources services to professionals has been on the increase because of its significant benefits.

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