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.
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:
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.
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.
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.
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.
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.
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.
Indien kontantvloeiprobleme u slapelose nagte besorg, kan u dit oorweeg om u polisse te herstruktureer om uitgawes te besnoei.
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.