TGS South Africa News
March 28, 2019
The Companies and Intellectual Property Commission (CIPC) has often been viewed as just an administrator and recorder of decisions made by companies. In February however, the […]
March 28, 2019
“If governments tax products like sugary drinks, they can reduce suffering and save lives. They can also cut healthcare costs and increase revenues to invest in […]
March 28, 2019
There are only run-of-the-mill tax deadlines in April, but some interesting information emerged from the recently-released 2018 edition of SARS’ Tax Statistics – For the first […]
February 27, 2019
The following proposed tax changes were announced Income tax rates are left unchanged. The primary rebate was marginally increased but the overall effect of this is that […]
February 27, 2019
“People who complain about taxes can be divided into two classes: men and women” (Anon) How long will you work for the taxman today? Input your […]
February 27, 2019
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have […]
February 27, 2019
Risk management has become increasingly popular in the past twenty years. It is also a corner stone of good governance. Despite this increased focus, businesses are […]
February 27, 2019
There has been an anomaly in VAT law which new legislation has now largely resolved. The problem with the old position It has always been simple […]
February 27, 2019
There are no major tax deadlines for March but SARS is again warning taxpayers to – Only use registered Tax Practitioners, Ask for the practitioner’s registration […]
January 31, 2019
“Artificial Intelligence is a tool, not a threat” (Rodney Brooks, Roboticist) There has been fear that the rise of Artificial Intelligence (AI) and robots will considerably […]
January 31, 2019
In the life cycle of your company there will be times when you need to recapitalise the business. When would you need to issue shares? A […]
January 31, 2019
With the release of final Regulations for the Protection of Personal Information Act (“POPIA”, often referred to as “POPI”), the Act’s commencement has become imminent. Once […]
January 31, 2019
Concepts the West has taken for granted are now being openly questioned, such as, is liberalism bad, is capitalism flawed, and does the company deliver what […]
January 31, 2019
On 20th February the Minister of Finance, Tito Mboweni, will make his budget speech. Traditionally, the Minister asks the public what they would like to see […]
January 31, 2019
The second provisional tax payment for the 2018/2019 tax year is due by 28 February. If your taxable income is below R1 million your estimate of taxable […]
January 8, 2019
“South Africa has lost R700 billion to corruption over the last 20 years” (Institute of Internal Auditors) The Companies Act requires a company to set up […]
January 8, 2019
The Minister of Finance warned in his 2017 Budget speech that VAT on electronic services would be widened. Treasury has now published regulations that come into […]