Tax & Advisory » Page 12

Latest News

Tips: exchange control & local borrowing restrictions

Posted in ,

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

Posted in ,

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

Posted in ,

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

Posted in ,

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

Posted in ,

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

Posted in ,

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

TLA offers CIMA training

Posted in ,

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 incentives for green initiatives

Posted in ,

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

Reserve Bank news

Posted in ,

A summary of recent circulars issued by the South African Reserve Bank regarding Exchange Control Relaxations.

Depreciation allowances

Posted in ,

In an interpretation note of November 2009, SARS provided a schedule of depreciation write-off periods applicable to all types of machinery and equipment.