TGS South Africa News
March 28, 2019
“A fine is a tax for doing wrong. A tax is a fine for doing well.” (Ecard humour) (Note: If you aren’t yourself an expatriate, please […]
March 28, 2019
“So much of what we call management consists in making it difficult for people to work” (Peter Drucker) In a recent interview of a prosecutor, he […]
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
“Prediction is very difficult, especially if it is about the future” (Nils Bohr – Nobel Laureate) Normally the market and economic commentators react favourably to interest […]
January 8, 2019
A recent Supreme Court of Appeal (SCA) judgment has confirmed a view that our courts have held for a long time – namely that when a […]
January 8, 2019
Recently the artist Banksy put up for auction a work called “Girl with Balloon”. It was sold for GBP860,000. No sooner had it been sold than […]