Monthly Archives: September 2017

The Password Guru Got it All Wrong!

How many times have we entered a website and been asked to enter a new password which is at least 8 characters long and contains 1 capital letter, 1 number and 1 symbol like “@”? We end up with a … Continue reading

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SARS’ Plans to Tax Income Earned Abroad

As the law currently stands, if a South African tax resident works abroad for 183 days or more (of which 60 days must run consecutively) in a year, that person is not taxed locally on foreign based earnings. Treasury has … Continue reading

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Your Will: The Master of the High Court Wants Qualified People to Assist “Lay” Executors

Many people nominate either their spouse or children to be the executor/s of their deceased estate. When the nominated person presents him or herself to the Master of the High Court (“the Master”) to get their Letter of Executorship, they … Continue reading

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Directors’ Meeting Minutes: Why Are They so Important?

The Companies Act (the Act) gives directors the power to run and manage the company’s business. In return it places responsibilities and personal liabilities on directors who do not fulfil their fiduciary duties. What is required of directors’ meeting minutes? … Continue reading

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