Tag: tax

The new two-pot system will provide short relief for SA retirement fund members, but the trade-off will include  increased complexity and possibly increased administrative costs, notes Blessing Utete, Managing Executive: Old Mutual Corporate Consultants.

This book will assist people who will soon retire, or who have already retired, to understand how tax works in relation to their retirement so that retirees can make informed, tax-efficient decisions regarding their retirement savings.

Apart from the fact that ambitious thefts and wild plot twists lend themselves to quality entertainment, the appeal of heist movies likely stems from the fact that watching skilful action is cathartic and we tend to live vicariously through our favourite big screen criminals. And one warning the heist leader always issues to his or her fellow crooks is to avoid spending their share of the loot too soon, lest they draw unnecessary attention to themselves.

The 10th of November is the day when accountants around the world are honoured for the invaluable role they play in the world of business. Their work helps businesses to thrive, it supports the economy, and enables people to navigate the complexities of finance. 

The 2021 Budget was tabled to Parliament on 24 February 2021 by South African Finance Minister Tito Mboweni.

National Treasury has published another draft bill to formalise the tax relief measures available in response to the devastating covid-19 pandemic. It is hoped this will clarify uncertainty and offer some relief during these tough times.

Frankfurt, 7 October 2019. CMS announces that RM Partners and Daly & Inamdar Advocates, based in South Africa and Kenya respectively, have today joined the leading global law firm. Going forward, they will be known as CMS RM Partners and CMS Daly Inamdar Advocates.

A small group of naïve billionaires in the United States are lining up begging for higher taxes on the super rich. I say naïve because they itemise a whole list of problems they imagine can be solved with this additional tax. The whole thing reminds me of the history of foreign aid in Africa.

The Finance Minister, Tito Mboweni, used the opportunity in the National Budget Speech to address the concerns raised by many South African citizens, corporates and international ratings agencies.

Payroll fulfils many roles within an organisation. Besides being responsible for employees’ compensation and ensuring that the business complies with various legislations, payroll can also drive engagement with employees. Payroll managers have many hats to wear within a business.