In the 2011 Budget Speech, the South African Finance Minister, Pravin Gordhan, announced that a proposed withholding tax was to be implemented from April 2012 at a rate of 15% on all gambling winnings above R25 000. Then, in the 2012 Budget Speech, the Minister announced that significant changes will be made to the current taxation [...]
Publications
RSS feed for this section
Are you up-to-speed with the new B-BBEE codes?
In October 2012, the Department of Trade and Industry (DTI) released the revised Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good mzo tshaka (newsletter article feb 2013) v5 FINAL (mt) Practice for public comment. The 60 days allowed for comment expired in December 2012. We detail some of the proposed changes business owners should now [...]
Introducing our expanded service portfolio
Following our report on the memorable reveal event we held on 13 February, we are proud to unveil our expanded portfolio of services. The vision behind our expansion is neatly articulated by our new slogan: Tailored. Entrepreneurial. Solutions. Supporting business clients Whether they are businesses or individuals, we are accomplished at assisting clients from all [...]
The new Companies Act: what business owners need to know
Most people are now aware that the new Companies Act1 (the new Act) came into effect on 1 May 2011. But as business owner, are you aware that you have until 30 April 2013 to bring your shareholders agreements and company’s MOI into line with the new Act? Failure to do so may result in [...]
Tax avoidance or tax evasion: what’s the difference?
In our law, it is an accepted principle that people may organise their affairs in such a way that they minimise the amount of tax they pay − as long as they stay within the confines of the law and do not cross the line into tax evasion. But, the question that needs asking is: [...]
