Got Cryptocurrency? Here’s How Much SARS Wants…

Cryptocurrencies are not new, but recent developments, including the massive gains they experienced since last year, have placed them under the spotlight. South Africans’ notable interest in them, and SARS’ renewed focus on the wealthy’s undeclared assets, together with its improved capabilities to track taxpayers’ transactions, suggest SARS is intentional about tracking these activities and …

Got Cryptocurrency? Here’s How Much SARS Wants… Read More »

SMME Owners: Your Training and Education Will Boost Your Business

The importance of the SMME (Small, Medium and Micro Enterprise) sector in South Africa cannot be overstated. As a result, the challenges affecting the performance of these SMMEs have been deeply interrogated with the aim of removing these proverbial “thorns from their flesh”. The lack of education and training among small business managers and directors …

SMME Owners: Your Training and Education Will Boost Your Business Read More »

Employers: Compensation Fund Return of Earnings Deadline Extended

The Compensation for Occupational Injuries and Diseases Act (COIDA) provides a statutory insurance policy for your employees and pays them compensation if they are killed, injured, disabled or contract an occupational disease or illness whilst at work. As an employer you are required to register and to submit an annual return (RoE or Return of …

Employers: Compensation Fund Return of Earnings Deadline Extended Read More »

Leadership, Ethics and Governance: The Benefits for Your Business

Looking back at the 2008 global economic crisis and the recent corporate failures, Steinhoff in particular, one may be tempted to ask: “Why didn’t boards and their advisory committees (audit committees in particular) not see what was coming?” There has, undoubtedly, been a significant loss of confidence and trust in top management. Some of this …

Leadership, Ethics and Governance: The Benefits for Your Business Read More »

New National Minimum Wage and Earnings Thresholds From 1 March 2021

1 March 2021 sees a new National Minimum Wage in place, plus an increase in the “earnings threshold” provided for in the Basic Conditions of Employment Act (BCEA). Quoting from the Employment and Labour Minister’s formal announcement of the changes, we set out the increases for employees generally, as well as those for each of …

New National Minimum Wage and Earnings Thresholds From 1 March 2021 Read More »

Your Website of the Month: A Month-by-Month Personal Financial Planner for 2021

“If you fail to plan, you are planning to fail” (Benjamin Franklin) We have all been battered by the economic fallout from the lockdowns. Now more than ever before we should pro-actively take control of and manage our finances through the crisis. A personal financial plan is key here. Without a plan we will drift …

Your Website of the Month: A Month-by-Month Personal Financial Planner for 2021 Read More »