Tag: taxation
Excise taxes on beer – balancing revenue and health
Excise taxes on beer have become a contentious issue, raising concerns about their impact on consumers, producers, and the economy. Adjusting tax policies can be challenging, though some amendments are more accepted than others.
Automation is reshaping payroll management
In the past several years, Ayanda's workload has grown significantly. As a payroll administrator, she works more closely with the payments team in the finance office. They often have more questions due to remote and hybrid working and frequently look to her for answers.
Addressing merger law gaps – improving regulatory clarity
South Africa can promote future investment and encourage corporate growth by addressing discrepancies in laws governing mergers and amalgamations. Section 44 of the Income Tax Act governs merger and amalgamation transactions from a tax perspective. It provides tax rollover relief if certain requirements are met.
The art of stock selling – key strategies and mistakes to...
Warren Buffet’s favourite holding period for a stock is “forever”, but even he acknowledges there are valid reasons for selling a stock. Deciding when to sell a stock is something both professional and retail investors grapple with. In fact, it’s accepted wisdom that it is psychologically easier to buy a stock than to sell one.
Despite the 2024 challenges, SMEs can achieve success & growth
Small and medium enterprises (SMEs) in South Africa continue to face a business landscape that is simultaneously full of challenges and brimming with opportunities. A still-struggling economy, rising costs, high unemployment figures and an uncertain political future have created a business backdrop against which only the most resilient and innovative businesses will thrive.
The unexpected impact of digital nomad visa on local coders
With South Africa getting closer to rolling out a digital nomad visa, it is a mix of good news for the economy but also a cause for concern about how it might affect our local coders. Remote work is gaining popularity, allowing individuals to combine travelling the globe with maintaining full-time employment.
Pension funds & emigration – tax impact
Investing in an offshore retirement fund is one way of growing your wealth in a stable economy over the longer term, or even gaining residency in a foreign country. However, for South Africans, this scenario presents as many challenges as it does opportunities and should only be considered after consulting with a financial adviser and tax expert.
Trusts, far from obsolete
Locally, as trust compliance becomes more complex and trusts become more costly to administer, their value is increasingly being questioned. However, a trust’s worth extends beyond its financial benefits, and as such, they are still very relevant tools to use in a well-crafted estate plan, especially for high-net-worth families.
The pitfalls of raising taxes on vaping – a closer look
As more people choose vaping as an alternative to smoking, discussions surrounding its regulation and taxation have become hot-button issues worldwide, and South Africa is no exception. One prevalent topic is the idea of raising taxes on vaping products.
With the right conditions mass EV adoption will ensue
While electric vehicles (EVs) have been globally touted as the future of road travel – the replacement to the internal combustion engine (ICE) vehicles that we have been driving for over 100 years – the very mention of the subject raises polarising opinions, especially in the South African market.
