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Tips: exchange control & local borrowing restrictions

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Many companies are finalising their financial statements for the year ended 28 February 2009, while previous exchange control approvals for local borrowings by ‘affected persons’ expire on 31 August 2009.

Estate duty: Pay less by giving more

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One of the most important reasons for a proper estate plan is to minimise estate duty and any possible capital gains tax liability.

Corporate social investments and tax

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Do you wish to make a corporate social investment (such as a bursary scheme for underprivileged persons), but don’t know whether it will qualify for a tax deduction?

Interne oudit voeg waarde toe

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Een van die belangrikste wysigings aan die Maatskappywet wat gedurende die jaar in werking getree het, is die vrystelling van statutêre oudit vir maatskappye wat nie as openbare weldaadsorganisasies (non-public benefit organisations) geklassifiseer is nie.

Joshua Foundation

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Tenk Loubser (Cape Town) recently made a donation to the Joshua Foundation in support of its community projects. The Foundation has developed a mentorship programme which uses rugby skills complemented by a strong life skills component as a medium to encourage youth to reach their full potential.

Financial planning for women

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“South Africa’s happiest women are married, child-free and self-employed.” (Well, there are always exceptions!)

TLA offers CIMA training

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Tenk Loubser & Associates (Cape Town) Inc now offers training for candidates who wish to qualify for the CIMA Advanced Diploma in Management Accounting (NQF 6).

Tax allowance for saving energy

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Have you ever considered replacing the electrical geysers of your B&B with a more energy-efficient alternative such as solar energy but have been discouraged by the substantial capital expenditure?

BEE and tourism

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The long-awaited Tourism Sector Code on black economic empowerment has been effective since 22 May 2009.

Tax incentives for green initiatives

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South Africa’s greenhouse gas emissions rank among the top 20 in the world and contribute 1,8% to global emissions.