Forward Thinking
Stay Informed. Raise the bar.®
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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ASL welcomes the following new staff members who joined the firm over the past couple of months in various departments. Willrene Nero, from Porterville, joined ASL […]
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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ASL verwelkom die volgende nuwe personeellede wat die afgelope paar maande in verskeie departemente by die firma aangesluit het. Willrene Nero, van Porterville, het in April […]
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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Ons ondervind gereeld by ons kliënte, en veral by kleiner organisasies, dat bestuur van mening is dat dit nie koste-effektief of nodig is om omvattende kontroles […]
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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We often find that our clients, especially smaller firms, are of the opinion that establishing security controls is not cost-effective. Yet, it is often in these […]
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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Do you need a Digital CFO on an outsourced basis? A Chief Financial Officer (CFO) is the strategic leader behind the financial management pillar of a […]
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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Stemming from the paradigm shift associated with the global changes over the past two years, expectations around employment and client relationships have shifted. No longer are […]
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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Die eerste R2 miljoen van ‘n kapitaalwins of -verlies met die verkoop van ‘n primêre woning moet vir kapitaalwinsbelastingdoeleindes (KWB-doeleindes) buite rekening gelaat word. Dit beteken […]
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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The topic of divorce is a sensitive one and, given the emotional impact a divorce has on all parties involved, it is often seen as a […]
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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During the 2022 Budget Speech, the Minister of Finance announced that the corporate tax rate will be reduced from 28% to 27% with effect for years […]
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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Tydens die 2022-begrotingsrede, het die Minister van Finansies aangekondig dat die korporatiewe belastingkoers van 28% tot 27% verlaag sal word met effek op jare van aanslag […]
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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The continuing conflict between Russia and Ukraine, the impact of COVID-19, and the US monetary policy review, were among the many factors that affected world markets […]
Jun 14, 2022
Published by blog-admin at Jun 14, 2022
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Die voortgesette konflik tussen Rusland en Oekraïne, die impak van COVID-19 en die Amerikaanse monetêrebeleidsoorsig, is van die vele faktore wat wêreldmarkte in die tweede kwartaal […]
Jun 13, 2022
Published by SG_Admin at Jun 13, 2022
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Two things business owners learnt fast over the last couple of years: one, they cannot always be in control, two, they are certainly much more at […]
Jun 13, 2022
The first R2 million of a capital gain or capital loss on the disposal of a primary residence, must be disregarded for capital gains tax (CGT) […]
Jun 13, 2022
Published by SG_Admin at Jun 13, 2022
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It is no secret that SME’s are the most significant contributor to economic growth and job creation in South Africa. However, their importance notwithstanding, SMEs are confronted with […]
Apr 20, 2022
The importance of appointing a professional executor in your last will and testament should never be underestimated. Understandably, we all want to appoint a person who […]
Mar 31, 2022
With cryptocurrencies becoming more and more accessible for people to invest in, many investors remain unaware of the tax implications. In 2018, the South African Revenue […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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Xero is cloud accounting software that enables accountants, advisors, and business owners to access a business’s accounting records from anywhere, at any time. It is a […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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SAICA Applied Test of Competence (APC) We hereby congratulate all staff members who successfully completed the APC assessment in December 2021. This is the largest ASL […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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Dit is vir ons hiermee aangenaam om te bevestig dat Ryan Slabbert en Jan Odendaal, wat beide as assistentbestuurders in die oudit-en-gerusstellingsafdeling gewerk het, tot kliëntebestuurders […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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It’s no secret that SMEs are the most significant contributor to economic growth and job creation in South Africa. However, their importance notwithstanding, SMEs are confronted […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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Once the “big” question has been asked and met with a resounding “Yes!”, the planning for your dream wedding commences. A big part of the planning […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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Korporatiewe bestuur is in wese die wyse waarop entiteite bestuur en gereguleer word. Suid-Afrikaanse wetgewing bevat verskeie vereistes waaraan maatskappye moet voldoen om ‘n goeie korporatiewe […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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Remote working has become the norm in the digital era for many employees. Employees are demanding more flexibility in the way they perform their services, with […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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SAID- en eFiling korrespondensie Na aanleiding van die onlangse bedrog en die kaping van efiling profiele wat deur die Suid-Afrikaanse Inkomstediens (SAID) ondervind is, het hulle […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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The 2022 Budget Speech was delivered by Finance Minister Enoch Godongwana on Wednesday, 23 February 2022. Herewith follows a summary of some of the highlights: Rebates […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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Die 2022-begrotingstoespraak is op Woensdag, 23 Februarie 2022, deur die Minister van Finansies, Enoch Godongwana, gelewer. Hiermee volg ‘n oorsig van sommige van die hoogtepunte: Belastingkortings […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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Februarie is pas agter die rug… Ons het ‘n maand oorleef wat gewoonlik gepaard gaan met die betaal van belasting, vrae oor die aanwending daarvan en […]
Mar 22, 2022
Published by blog-admin at Mar 22, 2022
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February is finally behind us… We have survived a month that can be marked by the dread of taxes, questions about its application and then also […]
Mar 11, 2022
When is it appropriate to set up a trust? A trust and the use thereof is often associated with complex wealth structures and frequently the potential […]
Mar 10, 2022
Xero is cloud accounting software that enables accountants, advisors and business owners to access a business’s accounting records from anywhere and at any time. It […]
Feb 21, 2022
TAX CONSIDERATIONS WHEN EMPLOYEES WORK REMOTELY ABROAD Remote working has become the norm in the digital era for many employees. Employees are demanding more flexibility in […]
Jan 10, 2022
TAX TREATMENT OF SPOUSES MARRIED IN COMMUNITY OF PROPERTY South African tax residents are taxed on amounts received or accrued to them. However, individuals married in […]
Nov 30, 2021
South African tax residents are taxed in South Africa on amounts received by or accrued to them from worldwide sources and includes pension benefits, irrespective of […]
Nov 16, 2021
Withholding taxes: practical considerations and best practices There are numerous considerations one must keep in mind when dealing with entities in foreign countries. One of these […]
Nov 5, 2021
Published by SG_Admin at Nov 5, 2021
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Shareholder Relationships: Shareholder agreements, Memorandum of Incorporation and Memorandum of Understanding explained. When starting a business, certain essential documents set the foundation and boundaries on how […]
Oct 25, 2021
What is a usufruct? A usufruct is a limited real right given by the testator/testatrix to someone (“usufructuary”) other than the person (“heir”) to whom an […]
Oct 14, 2021
Consequences and obligations of individuals that cease to be a tax resident in South Africa South Africa (SA) uses a resident-based tax system, which means that […]
Sep 22, 2021
Capital gains tax: consequences on the disposal of a primary residence used partially for purposes of trade[1] In our previous article (link to Home Office Expenses) […]
Sep 20, 2021
Published by blog-admin at Sep 20, 2021
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Over the past year, our internal focus on organisational structure has been aimed at ensuring that each of the firm’s structures fully supports our clients’ needs. […]
Sep 20, 2021
Published by blog-admin at Sep 20, 2021
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Oor die afgelope jaar het ons interne fokus op organisasiestruktuur ten doel gehad om te verseker dat die firma se strukture ons kliënte se behoeftes ten […]
Sep 20, 2021
Published by blog-admin at Sep 20, 2021
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Are you looking for investors to jump on board to propel your business in a new direction? Or are you part of a significant business restructuring […]
Sep 20, 2021
Published by blog-admin at Sep 20, 2021
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A company needs sufficient liquidity to sustain its operations. A person needs sufficient liquidity to sustain a household. An estate needs sufficient liquidity to ensure the […]
Sep 20, 2021
Published by blog-admin at Sep 20, 2021
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Die moderne werkplek is ‘n omgewing wat voortdurend verander en vereis dat werknemers en organisasies hul vaardighede konstant moet innoveer en aanpas om vorentoe te beweeg. […]
Sep 20, 2021
Published by blog-admin at Sep 20, 2021
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By Francois Kriel, Director at Kriel & Co Gartner estimated in 2020 that 65% of people across the world will have their personal data protected by […]
Sep 20, 2021
Published by blog-admin at Sep 20, 2021
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“The blockchain does one thing: It replaces third-party trust with mathematical proof that something happened.” Over the past few years, blockchain and the industry it represents […]
Sep 20, 2021
Published by blog-admin at Sep 20, 2021
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If an employee works from home and has set aside a room to be occupied for the purpose of “trade”, e.g. employment, they may be allowed […]
Sep 20, 2021
Published by blog-admin at Sep 20, 2021
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Die jaar is besig om verby te snel en ons is bykans in die laaste kwartaal van 2021. Ons wens elkeen sterkte en voorspoed toe met […]
Sep 20, 2021
Published by blog-admin at Sep 20, 2021
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We are almost down to the last quarter of the year and 2022 is fast approaching. Good luck to everyone wrapping up their work duties before […]
Sep 17, 2021
A trust is an effective and efficient vehicle to use in one’s estate planning and planning for a family’s (financial) future. National Treasury, in association with […]
Sep 5, 2021
Suppose an employee works from home and has set aside a room to be occupied for the “trade”, e.g. employment. In that case, they may be […]
Aug 27, 2021
Published by SG_Admin at Aug 27, 2021
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Are you looking for investors to jump on board to propel your business in a new direction or maybe want to sell it to take on […]
Aug 16, 2021
Ensuring Liquidity in an estate and the importance thereof A company needs sufficient liquidity to sustain its operations. A person needs sufficient liquidity to sustain a […]
Aug 3, 2021
Tax on the Receipt of a Foreign Pension The South African Revenue Services (SARS) initially argued that a pension fund or annuity’s physical location determined how […]
Jul 8, 2021
Published by SG_Admin at Jul 8, 2021
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The Chief Financial Officer (CFO) is a strategic leader behind the financial management pillar of a company. Tasks usually includes tracking cashflow and financial planning, as […]
Jun 29, 2021
Marriage and Tax: Why choosing how you get married is as important as choosing your wedding ring. Once the “big” question has been asked and met […]
Jun 22, 2021
South African tax residents are certain of four things in life: taxes, loadshedding, death and more taxes. Taxes, like death, is unavoidable. It is of utmost […]
Jun 17, 2021
Published by blog-admin at Jun 17, 2021
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“Winter, a lingering season, is a time to gather golden moments, embark upon a sentimental journey and enjoy every idle hour” – John Boswell With the […]
Jun 17, 2021
Published by blog-admin at Jun 17, 2021
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“Winter, a lingering season, is a time to gather golden moments, embark upon a sentimental journey and enjoy every idle hour” – John Boswell Met die […]
Jun 17, 2021
Published by blog-admin at Jun 17, 2021
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Are you newly registered for Value-Added Tax (“VAT”)? Did you acquire goods to set up shop before you were VAT registered and paid the VAT on […]
Jun 17, 2021
Published by blog-admin at Jun 17, 2021
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The South African Revenue Service (SARS) recently updated their process on transferring tax types between different eFiling profiles (for example from yourself to a tax practitioner, […]
Jun 17, 2021
Published by blog-admin at Jun 17, 2021
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Die Suid-Afrikaanse Inkomstediens(SAID) het onlangs hul proses rakende die oordrag van belastingtipes tussen verskillende eFiling-profiele opdateer (byvoorbeeld van uself na ‘n belastingpraktisyn, of tussen verskillende belastingpraktisyns). […]
Jun 17, 2021
Published by blog-admin at Jun 17, 2021
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You have asked your employees or co-workers several times how they are, and they respond with, “I’m fine. As good as I can be at this […]
Jun 17, 2021
Published by blog-admin at Jun 17, 2021
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Suid-Afrikaanse belastinginwoners is verseker van vier dinge in die lewe: belasting, beurtkrag, die dood, en meer belasting. Belasting is onvermydelik. Dit is van uiterste belang dat […]
Jun 17, 2021
Published by blog-admin at Jun 17, 2021
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South African tax residents are certain of four things in life: taxes, loadshedding, death and more taxes. Taxes, like death, is unavoidable. It is of utmost […]
Jun 17, 2021
Published by blog-admin at Jun 17, 2021
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ASL verwelkom graag ons nuwe personeel en wens die volgende persone geluk wat bestuurs- en konsultasie rolle aangeneem het by die ASL groep. Nadia Auret is […]
Jun 17, 2021
Published by blog-admin at Jun 17, 2021
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ASL wishes to welcome new staff members and congratulate the following individuals who has commenced management and consultant roles at the ASL Group. Nadia Auret has […]
Jun 14, 2021
Published by SG_Admin at Jun 14, 2021
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It is no secret that SME’s are the most significant contributor to economic growth and job creation in South Africa. According to the Minister in the Presidency, SME’s […]
May 28, 2021
Published by SG_Admin at May 28, 2021
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As an entrepreneur, you are far too familiar with thinking ahead and identifying opportunities. Vision; this is what defines you as an entrepreneur. It is one […]
May 14, 2021
Section 12J was inserted into the Income Tax Act No. 58 of 1962 to provide a tax incentive to investors of qualifying venture capital companies […]
Apr 29, 2021
To have a will? Or to not have a will? That is the question. No, not really, whether you are twenty-one or ninety-one, in your first […]
Apr 19, 2021
Covid-19 has caused many people to confront death in a way that’s jolted them to action. The pandemic has focused most people’s attention on the possibility […]
Mar 25, 2021
Published by blog-admin at Mar 25, 2021
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Frances Burger, wat in Junie 2019 as Regskonsultant by ASL Advisory aangesluit het, is in Januarie 2021 tot Assosiaat bevorder. Sy het haar meestersgraad in Belasting […]
Mar 25, 2021
Published by blog-admin at Mar 25, 2021
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‘n Testament moet te alle tye voldoen aan die formaliteite van ‘n geldige testament soos omskryf in artikel 2 van die Wet op Testamente 7 […]
Mar 25, 2021
Published by blog-admin at Mar 25, 2021
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Een van die vernaamste verligtings-maatstawwe wat gedurende 2020 beskikbaar gemaak is ten einde hulp te verleen aan werkgewers en werknemers wat deur die COVID-19 pandemie […]
Mar 25, 2021
Published by blog-admin at Mar 25, 2021
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Die Minister van Finansies, Tito Mboweni, het op 24 Februarie 2021 sy derde Nasionale Begrotingsrede gelewer. Dit was sy eerste jaarlikse begrotingsrede sedert die begin van […]
Mar 25, 2021
Published by blog-admin at Mar 25, 2021
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“Stay committed to your decisions, but stay flexible in your approach” – Tony Robbins Dis vir ons ‘n besonderse voorreg om aan die begin van ‘n […]
Mar 24, 2021
Frances Burger, who joined ASL Advisory in June 2019 as a Legal Consultant, was promoted to Associate in January 2021. She completed her master’s degree in […]
Mar 24, 2021
As we move into the next phase of recovery, business decision-makers should now apply even deeper and more dedicated focus to return to pre-COVID financial […]
Mar 24, 2021
Background Financial emigration is the process by which South African residents formalise their non-resident status for exchange control purposes. During the 2020 Budget Speech, it […]
Mar 24, 2021
Finance Minister Tito Mboweni delivered his third National Budget Speech on 24 February 2021. It was his first annual budget address since the start of the […]
Mar 24, 2021
Filing VAT returns have never been this easy! Xero recently launched the VAT201 Report as a better alternative for the long existing VAT Audit Report. […]
Mar 24, 2021
Feb 15, 2021
Published by SG_Admin at Feb 15, 2021
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As with all things small – such as a puppy, a baby or even your new business – at some point what once start off as […]
Feb 1, 2021
Published by SG_Admin at Feb 1, 2021
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Last year proved that business owners that incorporate contingency financial planning to circumnavigate any event have the best chance of thriving in a business climate laden […]
Jan 18, 2021
Published by SG_Admin at Jan 18, 2021
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Angela Duckworth, psychologist and researcher, coined the term ‘grit’; it is to have passion and perseverance for long-term and meaningful goals. Aristotle believed tenacity was one […]
Jan 11, 2021
Published by SG_Admin at Jan 11, 2021
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The year 2020 has been a year full of change for businesses. Teams are working from home more than ever before. Teachers have learned how to […]
Dec 14, 2020
Published by SG_Admin at Dec 14, 2020
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2020 – The year in which transparent, ethical and compassionate leadership was unmuted This year saw leadership, management and teams align like never before. It was […]
Nov 30, 2020
Published by SG_Admin at Nov 30, 2020
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The egg and chicken situation of leadership vs management Well we all know when starting out as an entrepreneur or business owner, that you are the […]
Nov 16, 2020
To all our clients, colleagues and friends in business, Kindly note that our offices will be temporarily closed from the 9 April 2021 to 11 April […]
Nov 16, 2020
Published by SG_Admin at Nov 16, 2020
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What can you as ‘n business owner do when your business is under duress and in need of short-term liquidity? It happens too often that businesses […]
Nov 2, 2020
Published by SG_Admin at Nov 2, 2020
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Successful SMEs get paid on time. Here’s how… We regularly hear that SMEs are the lifeline of the economy. Retail Capital’s Chief Executive Karl Westvig couldn’t […]
Oct 19, 2020
Published by ASL at Oct 19, 2020
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Behind the silver lining of any small business, there’s a cloud Small businesses are facing unprecedented times where access to capital or funding can be more […]
Oct 5, 2020
As we move into the next phase of recovery, business decision-makers should now apply even deeper and more dedicated focus to return to pre-COVID financial health. […]
Sep 14, 2020
In just two seasons from autumn to spring, everything has changed! From where and how customers work, to how they spend their money and entertain themselves. […]
Sep 11, 2020
Sep 10, 2020
As we further navigate and process the changes brought about by the uncertainty of the COVID-19 pandemic, managers and directors of businesses remain under pressure. Not […]
Sep 10, 2020
Were you one of the few that have beaten digital disruption at its own game and reacted ahead of the pack? Or were you forced to […]
Sep 10, 2020
Two things business owners learnt fast during 2020: one, they cannot always be in control, two, they are certainly much more at the mercy of unexpected […]
Sep 10, 2020
Kliek hier vir AFRIKAANS Requirements for a valid logbook Individuals The 2020 tax season officially started on 1 September 2020 and individual taxpayers are required to […]
Sep 10, 2020
Click here for ENGLISH Vereistes vir ‘n geldige Logboek Individue Die 2020 belastingseisoen het amptelik op 1 September 2020 oopgemaak en daar word van individuele belastingbetalers […]
Sep 10, 2020
Sep 10, 2020
As a result of the COVID-19 pandemic and the national state of disaster that was declared in South Africa on 15 March 2020, a nationwide stay-at-home […]
Sep 10, 2020
The 2020 Draft Taxation Laws Amendment Bill (TLAB) and 2020 Draft Tax Administration Laws Amendment Bill (TALAB) were published by the National Treasury and the South […]
Sep 10, 2020
Die konsep Wysigingswet op Belastingwette van 2020 (TLAB) en die konsep Wysigingswet op Belastingadministrasie van 2020 (TALAB), was deur Nasionale Tesourie en die Suid-Afrikaanse Inkomstediens (SAID) […]
Sep 1, 2020
When you apply your budget right, from the start, it is the one thing you can control Two things business owners learnt fast during 2020: one, […]
Aug 17, 2020
Trends in Fintech that may shore up your business capabilities and profitability The rise of the digital era has significantly changed the way businesses operate, forcing […]
Aug 3, 2020
ASL Advisory blog post – publication date 3 August 2020: Join the digital disruption game Were you one of the few that have beaten digital disruption […]
Jul 30, 2020
On the 1st of August, ASL will be celebrating its 22nd birthday. As we stand in the midst of unprecedented times of uncertainty and challenges in a world we […]
Jul 30, 2020
Op 1 Augustus vier ASL sy 22ste bestaansjaar. Te midde van ongekende onsekerheid en uitdagings in ‘n wêreld wat nie meer is soos wat ons dit […]
Jul 20, 2020
What is your business telling you? Amidst the clutter of information overload, breaking news headlines and scientific facts, we often find that stories can cut through […]
Jun 18, 2020
In this quarter’s newsletter we share a wealth of information on how to deal with COVID-19, as we recognise that the pandemic has severe implications for […]
Jun 18, 2020
On 5 May 2020, SARS Commissioner Edward Kieswetter announced key changes to the upcoming tax filing season for personal taxes, which will comprise three phases. Phase […]
Jun 18, 2020
Op 5 Mei 2020 het die Kommissaris van die Suid-Afrikaanse Inkomstediens (“SAID”), Edward Kieswetter, die sleutelveranderinge aan die komende seisoen vir die indiening van persoonlike belasting […]
Jun 18, 2020
In light of the current COVID-19 pandemic, President Cyril Ramaphosa announced certain relief measures in an attempt to provide for the wellbeing of the people of […]
Jun 18, 2020
In die lig van die huidige COVID-19 pandemie het President Cyril Ramaphosa sekere verligtingmaatreëls aangekondig in ‘n poging om voorsiening te maak vir die welstand van […]
Jun 18, 2020
There are various ways for a shareholder to exit a company and one of the most important factors is usually the tax payable upon exit. It […]
Jun 18, 2020
Daar is verskeie maniere om ‘n transaksie te struktureer wanneer jy ‘n maatskappy verlaat. Een van die belangrikste faktore is gewoonlik die belasting wat betaalbaar word […]
Jun 18, 2020
Published by ASL at Jun 18, 2020
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The Companies and Intellectual Property Commission (“CIPC”) has enhanced the Compliance Checklist, which can be accessed by logging on to the CIPC E-Services platform. From the […]
Jun 18, 2020
The difficult economic environment, as a result of the COVID-19 outbreak, is exceptional by any standard, and it comes with extreme scope and levels of uncertainty. […]
Jun 18, 2020
Jun 18, 2020
The past few months have been characterised by unprecedented levels of uncertainty and anxiety. We have all experienced a sense of collective grief, where we had […]
Jun 15, 2020
Think like the youth, embark on success It is inevitable that every business will go through tough times somewhere during its lifespan. The recent effect of […]
May 11, 2020
The urgency of setting financial business priorities The difficult economic environment as a result of the COVID-19 outbreak is exceptional by any standard, and it comes […]
May 4, 2020
Ever heard of ‘a Black Swan’ event? By now it is clear that the COVID-19 health pandemic falls into this description as it is typically an […]
Apr 20, 2020
Approach your Smart Digital Strategy We are living in a time where digital transformation couldn’t be more important for companies to adopt in order to stay […]
Apr 7, 2020
What’s in our app stack? Being able to work remotely has been a developing topic over the last few years, no doubt. But since the large-scale […]
Mar 31, 2020
Published by ASL at Mar 31, 2020
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Click here to ENGLISH Die Companies and Intellectual Property Commission (“CIPC”) het ‘n kennisgewing (Kennisgewing 52 van 2019) in Augustus 2019 uitgestuur waarin hulle die CIPC […]
Mar 20, 2020
Published by ASL at Mar 20, 2020
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Kliek hier vir AFRIKAANS The Companies and Intellectual Property Commission (“CIPC”) issued a notice (Notice 52 of 2019) in August 2019 in which they introduced the […]
Mar 17, 2020
ASL verwelkom graag negentien nuwe personeellede wat in Februarie by ons aangesluit het, onder wie een assistent-bestuurder en sewentien leerlingrekenmeesters in die onderskeie Oudit- en Rekeningkundige […]
Mar 17, 2020
Mar 17, 2020
Published by ASL at Mar 17, 2020
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Cybersecurity, privacy and the safeguarding of personal information are now more relevant to clients than ever before with the remaining provisions of the Protection of Personal […]
Mar 17, 2020
Click here for ENGLISH Tito Mboweni, Minister van Finansies, het op 26 Februarie 2020 sy tweede toespraak op die nasionale begroting gelewer. Belastingbetalers kan ’n bietjie […]
Mar 17, 2020
Kliek hier vir AFRIKAANS Finance Minister Tito Mboweni delivered his second National Budget Speech on 26 February 2020. Taxpayers can breathe a little easier as he […]
Mar 17, 2020
Published by ASL at Mar 17, 2020
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From 18 March 2020, users of the popular Xero accounting platform will be able to automate even more administrative tasks and say goodbye to manual data […]
Mar 6, 2020
Small to medium enterprises (SMEs) are currently caught in a sticky spot. Load-shedding is a national reality. The indicator dial on youth unemployment is steadily […]
Oct 29, 2019
Professionele identiteit kan gedefinieer word as ‘n persoon se professionele selfkonsep – ‘n stel van persoonlike eienskappe, oortuigings, waardes, motiewe en ervarings wat voortspruit uit werksaktiwiteite. […]
Oct 29, 2019
Published by ASL at Oct 29, 2019
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“What gets measured, gets managed”. This quote provides the essence of why data analytics is important. With the use of today’s technology, there is a wide […]
Oct 29, 2019
Published by ASL at Oct 29, 2019
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In die Belastingafdeling streef ons daarna om alle aansoeke en registrasies so vinnig en pynloos moontlik af te handel en in die proses die kliënt se […]
Oct 29, 2019
When talking strategy, it is important to remember that it is no more than determining how the vision of the business will be achieved. Of paramount […]
Sep 27, 2019
“There are two primary choices in life: to accept conditions as they exist, or accept the responsibility for changing them.” – Denis Waitley What are those conditions in your […]
Sep 27, 2019
“There are two primary choices in life: to accept conditions as they exist, or accept the responsibility for changing them.” – Denis Waitley Wat is daardie posisie vandag in jou besigheid? Is […]
Sep 26, 2019
Published by ASL at Sep 26, 2019
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The new standard on lease accounting (IFRS 16) was issued in January 2016 with major changes, of which the most significant are the following: The new […]
Sep 26, 2019
Wat is vruggebruik? Vruggebruik is die reg wat aan ’n persoon gegee word om die eiendom van ’n ander te gebruik en te geniet en gevolglik […]
Sep 11, 2019
A shareholders’ agreement sets out how a private company should be operated and regulates the various shareholders’ rights and obligations. It is therefore important that a […]
Aug 29, 2019
A management buyout (“MBO”) is a form of acquisition where a company’s existing management team acquire a large part, or all of the company, from either […]
Aug 29, 2019
Op Donderdag, 01 Augustus, het ons ASL se 21ste bestaansjaar gevier met ‘n gesellige funksie by De Warenmarkt in Stellenbosch. Volgens ware ASL tradisie het almal […]
Aug 29, 2019
Hierdie artikel volg op ons vorige artikel rakende belasting op buitelandse indiensnemingsinkomste (meer algemeen bekend as “expat tax”). Daar is ‘n algemene wanpersepsie dat, ten einde […]
Aug 29, 2019
Aug 29, 2019
With the filing season officially open and many taxpayers expecting possible refunds, it is unfortunately also a great opportunity for criminals to obtain personal details of […]
Aug 20, 2019
The objective of the National Credit Act No. 34 of 2005 (“the Act”) is, amongst other, to: promote the social and economic well-being of South African […]
Aug 13, 2019
Die doelwit van die Nasionale Kredietwet Nr. 34 van 2005 (“die Wet”) is om: die sosiale en ekonomiese welsyn van Suid-Afrikaners te bevorder; om ‘n billike, […]
Aug 13, 2019
Preparing yourself and your business for your inevitable exit from that business, whether by choice or fate, is one of the most neglected aspects we see […]
Aug 6, 2019
Published by ASL at Aug 6, 2019
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Decision making is a core component in our daily processes and is a very important function of management. Management who are part of planning, organising and […]
Aug 6, 2019
Published by ASL at Aug 6, 2019
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A dividend is the distribution of a reward from a portion of the company’s earnings and is paid to a class of its shareholders. Dividends are […]
Aug 6, 2019
Aug 6, 2019
Jacques Potgieter becomes Associate It is with great excitement that we hereby announce that Jacques Potgieter was promoted to an Associate within the ASL Group with […]
Aug 6, 2019
Jacques Potgieter word Assosiaat Dit is met groot opgewondenheid dat ons hiermee bekend maak dat Jacques Potgieter met ingang vanaf Julie 2019 bevorder is tot Assosiaat […]
Jun 3, 2019
Artikel 10(1)(o)(ii) bied verligting aan belastingbetalers om nie op buitelandse indiensnemingsinkomste (“employment income”) belas te word nie aangesien die buitelandse maatskappy reeds LBS / belasting op […]
Jun 3, 2019
Section 10(1)(o)(ii) provides relief to taxpayers by not taxing foreign employment income, as the foreign company is already deducting PAYE / tax on that income. However, […]
Jun 3, 2019
Jun 3, 2019
Published by ASL at Jun 3, 2019
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In terms of the Companies Act No 71 of 2008 (“the Act”), a director may be removed either by the shareholders or by the board of […]
May 31, 2019
Published by ASL at May 31, 2019
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Die Wysigingswetsontwerp op Suid-Afrikaanse Maatskappye (“die Wetsontwerp”) is op 21 September 2018 vir publieke kommentaar gepubliseer. Wesenlike wysigings aan die bestaande Maatskappywet No 71 van 2008 […]
May 31, 2019
A verbal or gentlemen’s agreement is simple and convenient, especially when a transaction is deemed to be straightforward and uncomplicated. Although it is general practice to […]
May 31, 2019
Generation cohorts are composed of groups of individuals who were born and raised in the same period and thus share some unique characteristics and experiences from […]
May 31, 2019
Die Nasionale Tesourie en die Suid-Afrikaanse Inkomstediens (SAID) het belastingwetgewing in werking gestel wat van toepassing is op lenings toegestaan aan trusts en/of maatskappye waar daar […]
May 31, 2019
“A person who sets up a business, taking on financial and other risks in the hope of profit”, is called an entrepreneur. Synonyms include hustler, wheeler-dealer, […]
May 31, 2019
Nuwe werknemers Op 14 Januarie 2019 het ons vir Dirk du Toit in die Rekeningkunde Departement as bestuurder verwelkom. Dirk kom oorspronklik van die Ouplaas-distrik tussen […]
May 31, 2019
Published by ASL at May 31, 2019
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Technology has influenced a whole new vocabulary over the last few years, especially with relevance to the financial sector. How many people would have been able […]
May 31, 2019
Published by ASL at May 31, 2019
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Die begin van 2019 het aangebreek en ons het dit goedgedink om ‘n kort opsomming aan u te verskaf van belangrike aspekte aangaande korporatiewe beheer wat […]
May 31, 2019
The tax season opened on 1 July 2018 and the deadlines for the current tax season were as follows: Type of taxpayer Channel Deadline All taxpayers […]
Jun 6, 2018
In die verlede was dit algemene praktyk om die ‘basiese bedrag’ vir die indiening en betaling van die IRP6’e te gebruik. Die ‘basiese bedrag’ is die […]
Jun 6, 2018
Een van die mees algemene navrae waarmee ons op ’n daaglikse basis te doen kry, is hoe lank dit die Suid-Afrikaanse Inkomstediens (SAID) sal neem om […]
Jun 6, 2018
Artikel 20A het met ingang van 1 Maart 2004 in werking getree. Hierdie artikel handel oor die omheiningsbepalings wat verhoed dat natuurlike persone hul belasbare inkomste […]
Jun 6, 2018
Met die EMP501-rekonsiliasies vir die jaar geëindig Februarie 2018 wat teen 31 Mei 2018 ingedien moet wees by die Suid-Afrikaanse Inkomstediens (die SAID) sowel as die […]
Jun 6, 2018
Published by ASL at Jun 6, 2018
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In a previous article, we looked at the strengths and opportunities associated with employee motivation. This article will place a focus on the strengths and opportunities […]
Jun 6, 2018
Published by ASL at Jun 6, 2018
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Dit staan ʼn maatskappy of beslote korporasie vry om sy naam te verander indien verkies. Vir maatskappye sal die naamsverandering ʼn spesiale besluit tot gevolg hê […]
Jun 6, 2018
Published by ASL at Jun 6, 2018
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Dividendverklarings kan verskeie vorme aanneem, maar vir doeleindes van hierdie artikel bespreek ons die verklaring van ʼn gewone dividend. Ingevolge Artikel 46 van die Maatskappywet van […]
Jun 6, 2018
Published by ASL at Jun 6, 2018
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A Memorandum of Incorporation (“MOI”) can be described as the sole governing document of a company and is binding between the shareholders, directors and the company […]
Jun 4, 2018
You have worked hard for many years, and have finally saved enough funds and mustered the courage to take the big leap that you have been […]
Jun 4, 2018
Jy werk al jare lank hard en het uiteindelik genoeg fondse en moed bymekaar geskraap om die groot sprong, waaroor jy só lank droom, te neem… […]
Jun 4, 2018
Published by ASL at Jun 4, 2018
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The Companies Act No. 71 of 2008 together with amendments and companies’ regulations, stipulates requirements whether a company’s financial statements should be audited, independently reviewed or […]
Jun 4, 2018
Published by ASL at Jun 4, 2018
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Die Maatskappywet No. 71 van 2008, tesame met wysigings en maatskappyregulasies, stipuleer vereistes wat bepaal of ’n maatskappy se finansiële state geoudit, onafhanklik nagesien of slegs […]
Jun 4, 2018
In our April issue, in the article titled “Are your employees rowing in the right direction?”, we discussed the importance of shaping an engagement culture in […]
Jun 4, 2018
In ons April-uitgawe in die artikel getiteld “Roei u werknemers in die regte rigting?” het ons bespreek hoe belangrik dit is om ’n betrokkenheidskultuur in ’n […]
Jun 4, 2018
Xero recently released the annual report covering the financial and operating performance for the year ended March 2018. After 12 years of investing in growth, Xero […]
Apr 25, 2018
Published by ASL at Apr 25, 2018
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It is often difficult for business owners to cross the divide of working on your business, rather than working in your business. Although this is usually […]
Apr 25, 2018
Addisioneel tot die Artikel 6A mediese belastingkrediet is daar ook krediet beskikbaar vir individue (belastingpligtiges) wat mediese uitgawes self uit die sak uit betaal in terme […]
Apr 25, 2018
Background It is compulsory for any person / legal entity that employs staff (“the employer”) to register as an employer with the Department of Labour within […]
Apr 25, 2018
Published by ASL at Apr 25, 2018
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In our previous article about employee motivation, we looked at the reasons why we need motivated employees. In this article, we’ll look at the strengths and […]
Apr 25, 2018
Published by ASL at Apr 25, 2018
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IFRS 15 recently became effective for financial periods beginning on or after 1 January 2018. IFRS 15 is only applicable to entities that have implemented International […]
Apr 25, 2018
Published by ASL at Apr 25, 2018
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In Artikel 22(1)(b) van die Maatskappywet No. 71 van 2008 (“die Wet”) word maatskappye verbied om handel te dryf in omstandighede waartydens ’n maatskappy insolvent is. […]
Apr 25, 2018
Om by iemand in die rooi te wees is vir meeste ’n onaangename ervaring, veral as die skuldeiser die Suid-Afrikaanse Inkomstediens (die SAID) is. Omstandighede lei […]
Apr 25, 2018
Published by ASL at Apr 25, 2018
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Technology has influenced a whole new vocabulary over the last few years, especially with relevance to the financial sector. How many people would have been able […]
Apr 25, 2018
A popular question which comes up during a consultation with a client when the drafting of commercial documents is discussed is, “what is the effective date […]
Apr 25, 2018
’n Gewilde vraag wat opduik tydens konsultasie met ’n kliënt wanneer die opstel van handelsdokumente bespreek word, is “wat is die effektiewe datum van die transaksie?” […]
Apr 25, 2018
Published by ASL at Apr 25, 2018
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During the registration of a company or close corporation that entity acquires a legal personality. This legal personality comes to an end when the directors and/or […]
Apr 25, 2018
Published by ASL at Apr 25, 2018
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Gedurende die registrasie van ’n maatskappy en/of ’n beslote korporasie verkry daardie entiteit regspersoonlikheid, welke regspersoonlikheid tot ’n einde kom wanneer die direkteure en/of lede die […]
Apr 25, 2018
Over the last six months, our trainee accountants achieved success in various examinations. With great pride, we celebrated these achievements on 11 April by raising a […]
Apr 25, 2018
Oor die afgelope ses maande het ons leerlingklerke in verskeie eksamens sukses behaal. Met groot trots het ons op 11 April hierdie prestasies gevier deur ’n […]
Apr 6, 2018
Published by ASL at Apr 6, 2018
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As an Audit Department and SAICA training office, the balancing act between developing trainees to the competencies required, adhering to all regulatory requirements, remaining current and […]
Apr 6, 2018
Cryptocurrency and blockchain has been the hot topic in the media the past year. It is a concept that few truly understand, and could change the […]
Apr 6, 2018
Published by ASL at Apr 6, 2018
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In terme van die Maatskappywet 71 van 2008 (“die nuwe Wet”) bepaal artikel 7(b)(iii) dat een van die oogmerke van die nuwe Wet is om deursigtigheid […]
Apr 6, 2018
Published by ASL at Apr 6, 2018
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In terme van Artikel 33 van die Maatskappywet No. 71 van 2008 (“die Wet”) word daar van alle maatskappye en beslote korporasies vereis om jaarlikse opgawes […]
Apr 6, 2018
Gegewe die Suid-Afrikaanse Inkomstediens (die SAID) se onvoorspelbaarheid en voortdurend veranderende stelsels, vereistes en prosedures is dit deel van ons missie om deurgaans op hoogte te […]
Apr 6, 2018
A properly considered business valuation can be the first step in many essential business processes and activities. Although there are many examples, these might include procurement […]
Apr 6, 2018
Published by ASL at Apr 6, 2018
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It is customary that transactions would be concluded where a company would buy-back its own securities from an exiting shareholder. The aforesaid especially held substantial benefits […]
Apr 6, 2018
Imagine an organisation where employees don’t simply work for the paycheck at the end of the month, but instead are willing to invest effort in their […]
Apr 6, 2018
Stel jou voor ’n organisasie waar werknemers nie net werk vir die salaris wat hulle aan die einde van die maand kry nie, maar eerder bereid […]
Apr 6, 2018
April to May each year is the time that employers are given to perform their employees’ tax reconciliation. During this Employer Reconciliation process, employers are required […]
Apr 6, 2018
April tot Mei is jaarliks die tydperk wat werkgewers gegun word om hulle werknemers se belastingrekonsiliasie uit te voer. Tydens hierdie werknemersrekonsiliasieproses word daar van werkgewers […]
Apr 6, 2018
Published by ASL at Apr 6, 2018
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Cloud accounting services and platforms have gained great traction across the world in recent years, with a growing number of businesses realising the tremendous benefits which […]
Apr 6, 2018
When making a purchase for your business, you should always ensure you receive a valid VAT invoice. This enables you to claim input VAT from SARS. […]
Apr 6, 2018
Wanneer u iets vir u besigheid aankoop moet u verseker dat u ’n geldige belastingfaktuur ontvang. Dit stel u in staat om insetbelasting van die SAID […]
Mar 20, 2018
In die begrotingsrede op 21 Februarie 2018, het die Minister van Finansies aangekondig dat die BTW koers vanaf 1 April 2018 van 14% na 15% gaan […]
Mar 20, 2018
In the budget speech on 21 February 2018, the Minister of Finance announced that the VAT rate will change from 14% to 15% from 1 April […]
Mar 9, 2018
Published by ASL at Mar 9, 2018
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Schedule a free one-hour meeting This will be arranged with a Cloud Implementation Specialist, a Cloud Strategist, or a Cloud Manager, who will also assist in […]
Mar 9, 2018
Alle Suid-Afrikaners is bewus daarvan hoe belangrik dit is om volledige en akkurate inkomstebelastingopgawes by die Suid-Afrikaanse Inkomstediens in te dien elke jaar, sowel as die […]
Mar 9, 2018
Published by ASL at Mar 9, 2018
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As a SAICA training office, our department largely consists of trainees completing a 3-year training contract. Throughout the contract, we are responsible for providing them with […]
Mar 9, 2018
Published by ASL at Mar 9, 2018
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Directors trading in insolvent circumstances Personal liability of directors is becoming an important issue in South Africa. The topic has been placed under the spotlight recently […]
Mar 9, 2018
Published by ASL at Mar 9, 2018
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In terme van Artikel 33 van die Maatskappywet No. 71 van 2008 (“die Wet”) word daar van alle maatskappye en beslote korporasies vereis om jaarlikse opgawes […]
Mar 9, 2018
Published by ASL at Mar 9, 2018
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Korporatiewe beheer is in wese die reëls en praktyke waarbinne ’n maatskappy bestuur en beheer word. Die direkteure van ’n maatskappy speel ’n kritieke rol in […]
Mar 9, 2018
Published by ASL at Mar 9, 2018
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Small businesses are driven by entrepreneurs, for whom the thought of technical accounting and compliance processes can often be a burdensome one. This may be due […]
Mar 8, 2018
Published by ASL at Mar 8, 2018
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For most accountants and business owners, the thought of the yearly audit or independent review is associated with stress and apprehension. In most cases, audits and […]
Mar 7, 2018
ASL het vir die sesde agtereenvolgende jaar deelgeneem aan die CANSA Relay For Life te Hoërskool Hottentots-Holland, Somerset-Wes, wat plaasgevind het op Saterdag 24 Februarie 2018. […]
Mar 7, 2018
On Saturday 24 February 2018, ASL participated in the CANSA Relay For Life for the sixth consecutive year at Hottentots-Holland High School, Somerset West. The event […]
Mar 7, 2018
Published by ASL at Mar 7, 2018
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Die wêreld beweeg voortdurend na meer digitalisering en organisasies implementeer toenemend elektroniese en outomatiese oplossings om papiergebaseerde prosesse te verminder. Een van die vele oplossings is […]
Mar 7, 2018
Published by ASL at Mar 7, 2018
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The world is constantly moving towards greater levels of digitisation, and organisations are increasingly implementing electronic and automated solutions to reduce paper-based processes. One of these […]
Mar 7, 2018
On Wednesday, 21 February 2018, all eyes were on the Minister of Finance in Parliament, where he delivered his budget speech. It became apparent over the […]
Mar 7, 2018
Op Woensdag 21 Februarie 2018 was alle oë op die Minister van Finansies in die Parlement, waar hy sy begrotingsrede gelewer het. Dit het die laaste […]
Feb 5, 2018
ASL looks forward to welcoming twelve new trainees in 2018. Trainees begin their journey at ASL with a two-week induction program, which ensures that an optimal […]
Feb 2, 2018
ASL sien daarna uit om twaalf nuwe leerlingrekenmeesters in 2018 te verwelkom. Leerling klerke begin hul reis by ASL met ’n twee week lange oriënteringsprogram wat […]
Feb 2, 2018
It is not uncommon for a company to use a trading name which is not the same as the registered name of the company, as recorded […]
Feb 2, 2018
Dit is nie ongewoon dat ’n maatskappy ’n handelsnaam gebruik wat nie dieselfde is as sy geregistreerde naam soos dit by die Kommissie vir Maatskappye en […]