
TGS South Africa News
January 6, 2017
Recent legislation has been passed which obliges trustees of sectional title schemes to set up a reserve for repairs, maintenance and asset replacement of the common […]
January 6, 2017
In the life-span of a business, there will almost certainly be a protracted legal process. To a small or medium-sized business, this can prove ruinous as […]
January 6, 2017
The due date for provisional taxpayers via eFiling is 31 January 2017. Don’t forget, if you are involved in a dispute with SARS, the definition of […]
November 30, 2016
“Parting is such sweet sorrow” (Shakespeare) One of the predicted negatives from the Companies Act (the Act) and the King Codes was it would be difficult […]
November 30, 2016
Donald Trump will soon be the 45th President of the United States. So far he is still threatening to implement his populist campaign promises (e.g. partially […]
November 30, 2016
Failure by “designated” employers to lodge their employment equity reports on time risks severe penalties, with first offenders risking a fine of the greater of R1,5m […]
November 30, 2016
There have been many articles in the financial press over mandatory audit firm rotation (MAFR). This followed an announcement by the Independent Regulatory Board for Auditors […]
November 30, 2016
This year’s new minimum wages for all domestic workers are set out in the table at the end of this article. Who is covered? All domestic […]
November 30, 2016
There are no significant tax deadlines for December. Don’t forget, if you are involved in a dispute with SARS, the definition of business days allowed for each party to respond […]
November 7, 2016
“We have to show that we will stick to our undertakings on consolidation, but on the other hand we have got to be very mindful that […]
November 7, 2016
“In effect, [the High Court] held that the particular lease was not a lease. This may sound like a fragment of Alice in Wonderland. If that […]
November 7, 2016
There is a feeling that taxpayers are getting fed up over the amount of tax they have to pay. Add to this the adverse publicity SARS […]
November 7, 2016
We recently discussed the Special VDP which lets non-compliant taxpayers voluntarily disclose offshore assets and income in order to regularise both their tax and exchange control […]
November 7, 2016
Each month Statistics SA releases the inflation figure (CPI). Currently it is 5.9% which is a considerable improvement on February’s 7%. What is interesting is the […]
September 29, 2016
For the past few years, economic data has been negative. It pays to remember that the economy goes in cycles and there will be a return […]
September 29, 2016
“Aye, there’s the rub” (Hamlet) If you are a credit provider and required to register as such in terms of the NCA (National Credit Act), not […]
September 29, 2016
“A plague upon it when thieves cannot be true one to another!” (Falstaff, in Henry IV Part I) We know how time consuming dismissing staff can […]
September 29, 2016
For several years there has been considerable pressure put on government to institute a national minimum wage. The Deputy President has been heading a panel on […]
September 29, 2016
The New Tax Compliance Certificate Process Made Easy SARS has recently introduced a new Tax Compliance Status (TCS) process which will enable you to see at […]