01 Feb Section 13 Tax Benefits
Section 13 of the Income Tax has undergone several changes in the last few months and with amendments and addition of Section 13 (sex), the effect of this to your income structure can be very positive. ...
News
21 Jan Your website of the month: “ready, steady, loadshed!”
Media reports suggest that loadshedding is likely to be with us for some time yet, and whether you happen to be at work or at home when one of the dreaded blackouts strikes, there’s nothing worse than being caught off guard....
21 Jan Property developers beware: deemed accruals can seriously disrupt your cash flow
A recent Supreme Court of Appeal (SCA) judgment has confirmed that when a property developer enters into an agreement with a buyer to transfer the property, even if the developer only actually gets paid in a subsequent tax year, the income is deemed to have accrued to the developer at that date....
21 Jan Victims of corruption take heart – “big chief” gets 15 years behind bars
We are all of us tired of reading about the rampant corruption in our society, and even if you aren’t one of the many businesses or individuals directly affected, everyone is ultimately a victim....
21 Jan Beware the building deadlines when buying-to-build
Here's yet another warning from our courts to take seriously the building deadlines commonly imposed on buyers of plots in residential estates. Failure to comply with them could expose you to heavy fines, recurring penalties and even the risk of losing your plot altogether....