TGS South Africa News

September 28, 2018

Directors Beware! You Could Be Held Personally Liable For Data Breaches

Hacking into computers has become common place. In the United States it grew by 45% in 2017. Yahoo, one of America’s largest Internet search engines, was […]
September 28, 2018

Surviving a Business Crisis: Consider Your Turnaround Options

“Turnarounds seldom turn” (Warren Buffett)   In the life cycle of any business, it will almost inevitably experience a crisis. This is always a very difficult […]
September 28, 2018

Will the 21st Century Really Be Africa’s Time to Flourish?

“We really need to have a third wave, and it needs to happen in sub-Saharan Africa” (Bill Gates)   Two factors often cited as to why […]
September 28, 2018

Your Tax Deadlines for October

The due date for non-provisional taxpayers who submit their income tax via eFiling or electronically at a SARS branch is 31 October. Time is running out […]
August 31, 2018

Do You Need Business Interruption Insurance?

Catastrophes like floods and fires do occur and there is insurance to cater for these types of events. There are two different types of insurance cover […]
August 31, 2018

Beware: Employee Misrepresentation on CVs is Getting Worse

Not surprisingly, considering what we hear every day in the news, employers are finding that candidate employees are more and more embellishing and misrepresenting aspects of […]
August 31, 2018

Employers Take Note – We Can Still Learn From the Peter Principle

“Leadership is nature’s way of removing morons from the productive flow” (Dilbert) The ‘Peter Principle’ has been around for nearly fifty years. Recent research has underlined […]
August 31, 2018

Corporate Governance in a Time of Complexity and Crisis

Events have moved swiftly in recent years. One of the largest South African conglomerates, Steinhoff, has virtually collapsed amidst allegations of dubious structures and transactions. Some […]
August 31, 2018

Travelling Abroad – Do You Have To Declare Your Personal Possessions On Re-Entry?

There is some confusion over whether to declare your laptops, golf clubs, iPads and other such valuables that you travel out of the country with. The […]
August 31, 2018

Your Tax Deadlines For September

The third provisional payment for the 2017/2018 tax year is due on or by 28 September 2018. This payment is voluntary and you only need to […]
July 31, 2018

The New Travel Allowances: How Do They Affect You and Are They Working?

For the new tax year changes were made to how we are reimbursed for business travelling expenses.   Why did SARS make changes and to which […]
July 31, 2018

SARS’ New Service Charter – A Positive Step

New management at SARS is trying to rebuild the institution as the world class organisation it once was. Amongst the outcomes it hopes to achieve in […]
July 31, 2018

Box Clever With Cash When You Retire

“The question isn’t at what age I want to retire, it’s at what income.” George Foreman   There are many things to consider when you retire. […]
July 31, 2018

Good Staff Relationships Are Just As Important As Pay

There are strikes seemingly now all the time and usually the dispute is over wage increases and benefits. On the other side of the coin, when […]
July 31, 2018

Your Tax Deadlines for August and SARS’ World Map of International Tax Agreements

If you are an individual provisional taxpayer your first 2019 provisional payment is due on 31 August. P.S. If South Africa’s various double taxation agreements, information […]
June 28, 2018

Your 2018 Tax Season Deadline: Brought Forward By Three Weeks?

“The best way to teach your kids about taxes is by eating 30 percent of their ice cream” (Bill Murray) The 2018 tax season for individuals […]
June 28, 2018

Will Cash Disappear From Society?

“Forewarned is forearmed” (Wise old proverb) In the last decade we have witnessed the slow death of the cheque.  Today we have Bitcoin, payment apps and […]
June 28, 2018

Have You Been Hacked? Check Now!

In May this year data the ViewFines website was hacked, exposing a database containing the passwords, cell phone numbers, email addresses and I.D.s of 934,000 South […]
June 28, 2018

Small and Medium-Sized Businesses: How to Stay Healthy and Profitable

Today getting an SME going is incredibly difficult as they face enormous red tape (FICA, getting loans, VAT registration and so on) and have difficulty getting […]
June 28, 2018

Your Tax Deadlines for July, and Keep Your Car Allowance Logbook Up To Date!

There are no major deadlines this month. Just a reminder for those on a car allowance to keep comprehensive logbooks as per SARS requirements of all […]