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July 31, 2017
We have been speaking of hacking and ransomware for a while and it just grows and continues to make news. In a recent case in England, […]
July 31, 2017
There has been widespread reporting that globally, revenue authorities are clamping down on tax havens. As from next month, tax authorities from over 50 countries (set […]
July 31, 2017
The Financial Intelligence Centre Act (FICA) has been operating since 2001 but lately has been revised to bring it into line with global practices and to […]
July 31, 2017
If you are an individual provisional taxpayer, the first 2018 provisional payment is due on 31 August 2017. On another tack altogether, who knew SARS had […]
June 29, 2017
In The News Again: Mandatory Audit Firm Rotation The Independent Regulatory Board for Auditors (IRBA) has proceeded with its aim of introducing Mandatory Audit Firm Rotation […]
June 29, 2017
Blockchain Technology: New Potential in Financial Services Bitcoin is currently the best known user of a blockchain platform, but expect many more varied uses to emerge. […]
June 29, 2017
MUST YOU PAY TAX ON BITCOIN TRANSACTIONS? Bitcoin has become increasingly used in South Africa and there are some good platforms for its use. Although it […]
June 29, 2017
Directors and Shareholders: There’s Hope If You Forget Companies Act Compliance Requirements The “new” Companies Act is pitted with clauses requiring that special resolutions be passed. […]
June 29, 2017
VET YOUR SUPPLIERS! GOOD STAKEHOLDER RELATIONSHIPS WILL BOOST YOUR PROFITS Suppliers play a strategic role in your business because if they fail to deliver on time […]
June 29, 2017
TAX SEASON OPENED ON 1 JULY: HERE’S WHAT YOU NEED TO KNOW, AND DO “Giving money and power to government is like giving whiskey and car […]
May 30, 2017
“We have seen better days” (Shakespeare) When you read that nearly 75% of the middle class experience financial difficulty and a similar percentage are in debt, […]
May 30, 2017
There has been uncertainty for some time as to whether employees’ tax (PAYE) should be deducted from payments made to Non-Executive Directors (NEDs) for the services […]
May 30, 2017
Often in the dispute process, vital documents cannot be accessed. For example, a request to SARS to explain an assessment (Request for Reasons) is lodged but […]
May 30, 2017
Which is Better for Your Business? Lots of Rules or a Few Good Principles? Most of us are weighed down by compliance. Think of FICA, […]
May 30, 2017
The mid-May WannaCry “ransomware” virus affected more than 100 countries, including South Africa. It showed that these types of attacks can be spread incredibly quickly and […]
May 30, 2017
There are only run-of-the-mill tax reporting deadlines in June. As SARS is an obvious target for scams, always be cautious when receiving communication from SARS. Make […]
April 24, 2017
Your Employer Annual Reconciliation (EMP501) is due on 31 May. Don’t underestimate the amount of work involved in preparing and submitting this form, and ask your […]
April 24, 2017
The Companies Act gives directors substantial leeway to run a company and gives them considerable powers to do this. So how does it protect minority shareholders […]
April 24, 2017
The government spends over R500 billion annually on goods and services. Promises have been made for several years that government would promote small and medium-sized businesses […]
April 24, 2017
A global organisation which focuses on internal (i.e. management, owners and staff) fraud, recently released some sobering findings. Understanding them is your first step in protecting […]