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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.

Skills required by financial directors

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The roles and responsibilities of financial directors have changed dramatically over the last decade

New CIPRO requirements

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According to articles published in newspapers such as Business Day, Rand Daily Mail and the Sunday Times in September 2010, a company was hijacked by exploiting a weakness in the CIPRO system that deals with the appointment and resignation of directors in a company.

Investing offshore

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In response to an announcement by the Minister of Finance – that the foreign capital allowance for private individuals resident in South Africa was increased to R4 million per resident per annum – many clients have made offshore investments.

Basic principles for employee privacy

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Once the Protection of Personal Information Bill has been passed, employee privacy will be protected by certain rules.

Donate blood

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“Save a life; donate blood”. Every 3 months the blood bus parks in front of our offices at Parc du Links, Somerset West. Our aim is to make our clients aware off the fact that with a little effort from yourself, you can save a life. The next date is scheduled for 8 March 2011.…

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.

Loss of data poses serious business threat

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Failing to backup your business data, especially critical data, is nothing short of a recipe for disaster. Nothing is quite as important to a business as the data that is stored on the hard drives of its computer systems.

Hersien polisse en verlig druk

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

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.