Monthly Archives: January 2013

In 2010, 35% of software used in South Africa was “pirated” – either it is downloaded illegally or a counterfeit copy of the software is purchased. The commercial value of this is in excess of R4 billion. It also puts … Continue reading →

The Companies Act of 2008 (“the Act”) requires that directors live in an era of transparency and accountability, and they can face severe consequences if they cannot show they have applied their minds when situations go awry. Thus, it is … Continue reading →

Do you pay for your staff’s professional memberships? Can you claim the VAT inputs? Until now, many professional firms have, when paying their staff’s annual membership dues to the relevant professional body, been claiming the input VAT on this expense. … Continue reading →

2012 – What a year! What a year it definitely was with many highlights. To name but a few, South Africa takes gold for various events at the London Olympics Games and Table Mountain is named one of the seven … Continue reading →

SARS recently released their annual tax statistics for 2012 which make for some interesting reading. 33% of taxes come from individuals. This is made up of 6 million taxpayers of whom 1.5 million are below the threshold of submitting tax … Continue reading →

On 14 November 2012, Logista hosted its annual get-together for our former employees. As with previous years this was a very successful evening! The event allows us to network with our former colleagues. It creates a platform to exchange ideas … Continue reading →

The dieselThe diesel rebate or refund has been in existence for more than a decade and is claimed as part of the value added tax (VAT) process.  It applies to you if you use it for your own “primary production … Continue reading →