-
Recent Posts
- Sometimes the best management is to take a back seat
- How to prepare your business plan
- The CIPC to intensify compliance enforcement from January
- Important: SA’s rankings on the ease of doing business index, and an exciting new business registration platform
- Crunch time for SA – The medium term budget policy statement and what it means to you
Archives
- December 2019
- November 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- January 2016
- December 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- January 2012
Categories
Monthly Archives: November 2017
Your Tax Deadlines for November and “Watch Out, SARS is On The Warpath!”
Non-provisional taxpayers using eFiling or electronically submitting from a SARS office need to file their 2016/2017 Income Tax Returns on or by 24 November. Secondly, tax compliance levels are slipping and SARS is planning to aggressively counteract this, noting that … Continue reading
Posted in Tax
Tagged Income Tax Returns, SARS, Tax
Comments Off on Your Tax Deadlines for November and “Watch Out, SARS is On The Warpath!”
Disappointing – SA Slips Down the World Competitive Index
Every year we report on the World Economic Forum’s (WEF) Global Competitiveness Index. This year South Africa slipped from 48th to 61st in the rankings. What was disappointing is that previously we were ranked 3rd in terms of corporate efficacy … Continue reading
Posted in Economy
Tagged Economy, WEF, World Economic Forum’s
Comments Off on Disappointing – SA Slips Down the World Competitive Index
The Latest on the SVDP
Access to the Special Voluntary Disclosure Program (SVDP) closed at the end of August 2017 and the government netted a little over R1 billion. There were two thousand applications for this amnesty. Whilst this is not the final amount as … Continue reading
Posted in Tax
Tagged Special Voluntary Disclosure Program, SVDP, Tax
Comments Off on The Latest on the SVDP
SMEs Beware: POPI is Finally Becoming a Reality
“Forewarned is forearmed” (wise old proverb) The Protection of Personal Information Act (POPI) has been in the public domain for several years and has been enacted into law, but its enforcement provisions are not yet in effect. The appointment of … Continue reading
Posted in Protection
Tagged Personal Information, POPI, Protection
Comments Off on SMEs Beware: POPI is Finally Becoming a Reality
How are We Doing on the “Better Life Index”?
Since the introduction of double entry bookkeeping in the fifteenth century, it has been widely accepted that profit equates to value. This concept moved to nation states and today we measure how well a country is doing by its Gross … Continue reading
Posted in Economy
Tagged Better Life Index, GDP, Organisation for Economic Cooperation and Development
Comments Off on How are We Doing on the “Better Life Index”?
Tax on Offshore Income – A Change in Plan
SARS recently issued a draft Tax Bill which proposed taxing South African residents the difference in taxation on offshore income earned. Thus, if 10% tax was paid on overseas income then the taxpayer was liable to pay what would have … Continue reading
Posted in Tax
Tagged Income Tax law, SARS, Tax
Comments Off on Tax on Offshore Income – A Change in Plan
Climate Change: Make Sure Your Home is Correctly Insured
TV and other media have extensively covered natural disasters recently – fires in Knysna, storms and floods in Gauteng and KZN and then more fires along Table Mountain. There is now no doubt that these events are occurring more frequently … Continue reading
Posted in Insurance
Tagged Climate change, Insurance, Natural disasters
Comments Off on Climate Change: Make Sure Your Home is Correctly Insured
Inflation’s Different Effects on Different Income Groups: The Danger for South Africa
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 CPI figure is a composite of five quintiles of income groups – from the … Continue reading
Posted in Budget
Tagged CPI, Inflation, Statistics SA
Comments Off on Inflation’s Different Effects on Different Income Groups: The Danger for South Africa
The Special Voluntary Disclosure Programme Begins – What’s Changed?
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 affairs. As promised, here is an update for you on current changes to the … Continue reading
Are You Struggling to Get Your Tax Refund?
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 has received as one of the focal points of the current political struggles and … Continue reading