Join the digital disruption game
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 react quickly by implementing new measures to keep afloat in answer to the unforeseen disruption brought along by the COVID-19 pandemic? Businesses have been forced to go digital as […]
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, they cannot always be in control, two, they are certainly much more at the mercy of unexpected challenges than they ever thought. Without a doubt, businesses have been forced to step out of their comfort zone and adapt business processes in 2020. Control, which is the […]
Logbooks for individuals and diesel rebates in farming
Requirements for a valid logbook Individuals The 2020 tax season officially started on 1 September 2020 and individual taxpayers are required to file their income tax returns by the following dates: Non-provisional taxpayers 1 September to 16 November 2020 Provisional taxpayers 1 September 2020 to 29 January 2021 Many taxpayers receive a travel allowance or […]
Logboeke vir individue en dieselrabatte vir boerderye
Vereistes vir ‘n geldige Logboek Individue Die 2020 belastingseisoen het amptelik op 1 September 2020 oopgemaak en daar word van individuele belastingbetalers vereis om hulle inkomstebelastingopgawes teen die onderstaande sperdatums in te dien: Nie-voorlopige belastingbetalers 1 September 2020 tot 16 November 2020 Voorlopige belastingbetalers 1 September 2020 tot 29 Januarie 2021 Menigte belastingbetalers ontvang ‘n […]
Maintenance of surviving spouse
The idea of freedom of testation is a core value of South African law and enjoys wide protection. The Maintenance of Surviving Spouse Act, 27 of 1990, was drafted to give a spouse legal recourse if disinherited or negatively affected by the wishes of the testator, or in the case of intestate succession. The goal […]
Impact of COVID-19 on assurance engagements
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 lockdown was implemented from 26 March to 30 April 2020. As part of a gradual and phased recovery of economic activity and an easing of the lockdown restrictions, a […]
National Treasury releases draft tax amendments
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 African Revenue Service (SARS) on 31 July 2020. These draft bills deal with the legislative amendments that were proposed on 26 February 2020 during the 2020 Budget Speech by […]
Nasionale Tesourie publiseer konsep belasting wysigings
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) op 31 Julie 2020 gepubliseer. Hierdie konsep wetgewing hou verband met die konsep wysigings wat tydens die Begrotingsrede van 2020 deur die Minister van Finansies op 26 Februarie 2020 […]
When you apply your budget right
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, they cannot always be in control, two, they are certainly much more at the mercy of unexpected challenges than they ever thought. Without a doubt, businesses have been forced […]
Trends in Fintech that may shore up your business capabilities and profitability
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 business owners to evaluate their business processes continually. It is vital that business owners do not lose sight of the possible value that new technological tools can create in […]