Tag: tax law
Relaxation of loop structures – but at what tax cost?
The envisaged future relaxation of the prohibition on 'loop structures' will be accompanied by amended tax laws, but current proposals are likely to result in more tax on certain structures. National Treasury has proposed a number of amendments to tax legislation as a result of the potential future relaxation of the SA Reserve Bank's current prohibition on so-called 'loop structures'.
Automate payroll to stay in SARS’ good books
Automation can help businesses decrease the R7.2 billion lost to admin. We’re racing towards the end of another tax year and we have heard about the Finance Minister’s proposed changes for the 2020/21 tax year. Not too long after Minister Tito Mboweni unveils changes to PAYE and other taxes during his budget speech on 26 February, the season for Employer Annual Reconciliations will open.
Consult a professional financial advisor
The investment landscape has changed profoundly over the past decade, making it easier than ever for individuals to take control of their own investment portfolios. It’s a simple matter for nearly anyone to trade shares via their online banking platform, for example, or to access a range of funds and products from an online stockbroker or wealth management firm.
BOOK REVIEW | Legal Aspects of Financing Corporates
Legal Aspects of Financing Corporates covers the gamut of legal and taxation implications concerning the financing of corporates and will be of great use to postgraduate students in commercial law, corporate advisors, lawyers, in-house counsel, financial institutions and SARS employees.
Important reasons to reconsider your current payroll solution
Legacy systems, like old habits, die hard. Should that necessarily be the case, however? Take your payroll and HR solution, for example. Yes, there are logistic reasons for using the one you’ve been using since time immemorial, but is it a smart business decision?