Latest news

What can you do about employees who didn't show up to work because of today's taxi strike?

It's a jungle in Jo'burg this morning. Not only is the heavy raining causing havoc on the roads, but thousands of workers are stranded due to today's National Taxi Alliance (NTA) strike. And that's bad news for your business. Here's what you need to know about how to handle employees who couldn't [read more...]

How to avoid a Miss SA type nepotism scandal in your workplace

There's a fresh scandal surrounding the Miss South Africa pageant. A few weeks back, news reports indicated that the general public wasn't happy with the choice of judges for the pageant. Now there's a rumours of t. And it's put the spotlight back on nepotism in the workplace. [read more...]

Strikes: What does 'issue in dispute' mean?

News reports this morning indicate that government intends to meet with the Association of Mineworkers and Construction Union (Amcu) today in a last ditch attempt to halt a mass strike in the mining sector. The looming strike, which is expected to have a devastating impact on the economy, has [read more...]

Tax

  • Three penalties you'll face if you don't treat double tax treaties correctly
  • It's important that you understand the provisions of double tax treaties correctly when you deal with international double taxation. If you don't, you'll face these three penalties. ››› more
  • [21 January 2014]
  • Revealed: Two implications of not meeting tax deadlines
  • While you might get away with not meeting a work deadline, this isn't the case with SARS. You'll face the music. In fact, here are the two consequences you'll face if you fail to meet a SARS deadline. ››› more
  • [21 January 2014]
  • Don't let an incomplete objection cost you R4 040 377.28 in penalties, tax and interest
  • Did you know that something as small as not ticking the correct box on an objection form to SARS could cost you a fortune in penalties and interest? Neither did H R Computek and it cost them over R4 million. ››› more
  • [21 January 2014]
  • Revealed: Three legal requirements for notional input tax
  • Notional input tax is the Vat you can claim on secondhand goods, if you're a vendor who buys the goods for your business from a person who isn't a vendor. Although you don't charge any Vat on secondhand sales, there are some important rules you must follow if you want to claim an input tax credit. Here are the three legal requirements for notional input tax. ››› more
  • [17 January 2014]
  • How to defend yourself if SARS disallows your deduction
  • SARS is very strict when it comes to deductions. It can easily say 'no' when you claim interest as a deduction. Luckily, there's a way around this. Read on to find out how to defend yourself if SARS disallows your deduction. ››› more
  • [16 January 2014]
  • Three instances when you CAN'T claim interest as a deduction
  • Tax law says you can claim interest as a deduction in the production of income. BUT, there are three instances when you aren't allowed to do this... ››› more
  • [16 January 2014]
  • Revealed: Two instances when you can claim interest as a deduction
  • Interest is the fee you pay when you borrow money. The good news is you can claim the interest you incur for the purposes of your business and in the production of your business income, as a deduction. But only in these two instances... ››› more
  • [16 January 2014]
  • Calculating CGT? Make sure you understand these two key concepts first
  • Capital Gains Tax (CGT) is a tax you pay on the profits you make on the disposal (sale) of your assets. And there are two key concepts you must understand before you calculate your CGT. Continue reading to find out what they are. ››› more
  • [15 January 2014]
  • Have you made a donation? Find out if it'll be considered an allowable deduction or not
  • Do you or your company regularly make donations? If so, read on find out whether or not your donation will be an allowable deduction. ››› more
  • [10 January 2014]



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