Latest News

Tax implications for expatriates returning to SA

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Returning to South Africa after having spent an extended period abroad may raise various questions regarding tax implications.

The job market: good or bad news?

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Sanelle Hobbs of Exceed Human Resource Consultants discusses this, that and the other regarding the South African job market.

Non-profit and public benefit organisations

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Confusion often arises around the terms non-profit organisation and public benefit organisation.

Unit trust retirement annuities

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No initial product fees and a simple flat annual administration fee make the new unit trust retirement annuities (RA) one of the most cost-efficient ways to save for retirement.

New tax changes reduce burden on small businesses

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A ‘very small business’ as defined in the new Draft Revenue Laws Amendment Bill – a business with a turnover that does not exceed R1 million – may in future opt to be taxed on gross turnover rather than on taxable income.

Disclosure of exchange control violations

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In addition to the Voluntary Disclosure Programme available to tax payers – the so-called Tax VDP – the Minister of Finance announced a voluntary disclosure programme for regularising the exchange control affairs of current and former South African residents.

Was dit Trevor Manuel se laaste begrotingsrede?

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Soos verwag is, het mnr. Trevor Manuel ’n neutrale begrotingsrede gelewer. Gegewe die wêreldwye ekonomiese krisis en die huidige politieke omstandighede in Suid-Afrika, kon die begrotingsrede nie mense se verbeelding aangryp nie.

Studiebeurse deur werkgewers

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Studiebeurse wat deur werkgewers aan hul werknemers – of dié se familielede – toegestaan word, is vrygestel van inkomstebelasting.

The Brummeria decision

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The decision of the Supreme Court of Appeal in the case of SARS v Brummeria Renaissance (Pty) Ltd and others (2007 SCA 99, 69 SATC 205) is well known.

Diversification adds value

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The current bear market is turning into a once-in-a-few-lifetimes event! Most economic modelling has failed due to the extremity of this event, which shows significant similarities to the 1929 and 1960s periods.