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Increased accountability for estate agents

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From 1 March 2011, all estate agents have had to meet the requirements of the Financial Intelligence Centre Act 38 of 2001 (FICA). Read more…

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Tax incentives in the pipeline for VCC investors

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According to the Draft Taxation Laws Amendment Bill published in June 2011, a new venture capital company (VCC) regime will apply from 1 January 2012, should the draft amendments be implemented. Read more…

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Cost and management accounting functions can be contracted

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Exceed Tax and Advisory Services has announced that it is making CIMA management accounting staff available to perform cost and management accounting functions for clients. Read more…

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FTSE/JSE All Share Index

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Read more for an update on the FTSE/JSE All Share Index for the period 01 August 2011 – 18 August 2011 which includes an update on market and funds.

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Global & Local Market Overview – July 2011

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The month of July has been fraught with market uncertainty and big decisions by policymakers. The U.S. has put a band-aid on the fiscal situation by raising the debt ceiling and committing to a debt reduction plan; whilst in Europe the ECB failed to soothe market fears with the European Financial Stability Fund. The market reaction has been sceptical in light of implementation delays and other concerns. Read more…

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Rewarding employees for their achievements

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The year is almost out and many employers contemplate rewarding their employees for their hard work while, at the same time, motivating them for 2012. Janine Nieuwoudt of BMT Dimensions gives the following basic rules regarding rewards in Practical Guide to Human Resources Management. Read more…

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Amending Memoranda of Incorporation

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Since the new Companies Act of 2008 came into effect on 1 May 2011, companies have been faced with challenges regarding compliance with its numerous provisions, including the Memoranda of Incorporation. Read more…

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Retention periods for accounting documents

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Due to various legislative requirements, accounting documentation should be retained for a certain period. To assist clients with ascertaining the relevant retention periods, a summary of the most important acts and provisions is supplied. Read more…

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Permanent Voluntary Disclosure Programme for tax payers

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Although the Voluntary Disclosure Programme (VDP) for tax payers ended on 31 October 2011, all is not lost for those who missed the deadline. A permanent VDP is in the pipeline. Read more…

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Support for SA Children’s Home

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Tenk Loubser Inc recently sponsored a hole and four-ball at a golf day hosted by Sanlam Client Centre in aid of the South African Children’s Home in Cape Town. Also showing their support by participating in the event were rugby celebrities Toks van der Linde and Breyton Paulse. Read more…

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