TGS South Africa News
April 25, 2018
“Never take your eyes off cash flow because it’s the life-blood of business” (Richard Branson) The Companies Act is underpinned by the assumption of liquidity and […]
April 25, 2018
One of the most intractable problems facing South Africa is high unemployment, particularly (and this is a global problem) among the youth. Initiatives to deal with […]
April 25, 2018
Are you aware that less than 40% of the petrol price is made up of actual petrol cost? Most of it goes to pay tax (Fuel […]
April 25, 2018
“We’re running the most dangerous experiment in history right now, which is to see how much carbon dioxide the atmosphere… can handle before there is an […]
April 25, 2018
SARS has released a media statement on Bitcoin in which it states that people dealing in Bitcoins or other cryptocurrencies are subject to normal Income Tax […]
April 25, 2018
Your annual EMP501 reconciliation for the period 1 March 2017 – 28 February 2018 is due for submission by 31 May 2018, together with all Employees […]
March 29, 2018
The “new” Companies Act of 2008 promised to place greater accountability and liability burdens on directors. This was in response to directors being given greater powers […]
March 29, 2018
“The only man I envy is the man who has not been to Africa – for he has so much to look forward to” (Richard Mullin) […]
March 29, 2018
“Digitalisation – the use of digital technologies to change a business model and provide new revenue and value-producing opportunities” (Gartner Glossary) Surveys show that small to […]
March 29, 2018
The new minimum wage provisions, originally due to start on 1 May but now reportedly facing delay due to the high number of submissions received from […]
March 1, 2018
Many have predicted 2018 to be a year of progressive change. Well, we at Quantum and 1.2.3. Consulting believe in embracing change. It is part of […]
March 1, 2018
“What people really want is fairness. They want people paying their fair share of taxes” (Barack Obama) In the Medium Term Budget Speech (MTBS) last October, […]
March 1, 2018
For ease of reference please find below – The new tax tables for individuals and trusts (with notes). The new tax tables for Small Business Corporations. […]
March 1, 2018
A well-known attorney recently said he is constantly surprised by the number of shareholder disputes that could be quickly resolved if there was a shareholder agreement. […]
March 1, 2018
There are only run-of-the-mill deadlines for March. When eFiling you can upload twenty files per day as supporting documentation – these files can be no more than […]
February 26, 2018
There is no such thing as a black list. It simply means that there are negative data on your credit report that is hosted at a […]
February 2, 2018
“Join the slow e-mail movement! Read your mail just twice each day. Recapture your life’s time and relearn to dream.” (Dan Russell, IBM Researcher) We live […]
February 2, 2018
George, the CEO of a company, was driving with his Finance Director, James, to a meeting. George had learned of a recent Tax Court case around […]
February 2, 2018
The cost of tax compliance has recently been in the spotlight as SARS’ revenues have fallen and pressure is mounting on taxpayers to spend even more […]
February 2, 2018
The Minister of Finance makes his Budget Speech on 21 February and would like to hear your tips for the Budget. To submit your suggestions go […]