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Covid-19 proves why a tax expert is worth it

We recently had a walk-in client approach us wide-eyed with a Sars assessment demanding a payment of R52 000. In these unprecedented times, we are all looking at ways to save, earn and protect our finances. Our team worked through Mr. Walk-in’s DIY tax return and after applying our knowledge, we turned his R52 000…

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Working from home – can you claim?

Business owners, sole proprietors, independent contractors and commission-based earners (if more than 50% of your annual income is commission-based) who are working from home have various tax deductions at their disposal. Salaried employees, on the other hand, regardless of working from home, are limited in their options to claim deductions for expenses incurred. However, all…

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Overtime and remote working: What you need to know

Over the past six months, the Covid-19 pandemic has reshaped the way many organisations operate and how they manage their workforces. Many businesses were not well prepared for such a profound disruption to their normal working arrangements and it is only now that they are beginning to understand some of the consequences. The pandemic has…

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When a Corrupt Economy Changes

In the previous two articles I explained how an economy can eventually totally collapse when corrupt politicians are at the helm. But is there any cause for optimism? Can countries shrug off corruption and recover their economies? This article maps a path to economic and moral regeneration. History has shown that countries can pull themselves…

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The Macro Effect of a Corrupt Government

The awful but unavoidable reality is that a corrupt Government allows for a corrupt economy to flourish. In turn, a corrupt economy forms the foundation for complete political, social and economic chaos in the country. This phenomenon is clearly evident in countries like Venezuela, Zimbabwe and Haiti. History has shown that countries can pull themselves…

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The Difference Between Corrupt and Honest Government

The difference between corrupt and honest government ought to be self-evident, but it is worthwhile mapping out the distinction lest we become inured to the devastating consequences of a government that has lost its moral and ethical compass. I assume that everybody understands what constitutes a corrupt government, but at its most basic level it…

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Sukuma Relief Programme for SMEs

This is the application platform for financial assistance and aid for small and medium enterprises (SMEs) negatively impacted by the coronavirus disease 2019 (COVID-19). The initiative is in response to the call by President Ramaphosa to all social partners to support SMEs sustain their businesses and preserve jobs. The Rupert family and Remgro Limited pledged…

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SAFT Employer Relief Fund

Standard Bank are pleased to announce that they have partnered with the South African Future Trust (SAFT) for Small and Mico and Medium Enterprises (SMMEs). SAFT, an independent trust set up by Nicky and Jonathan Oppenheimer to extend direct financial support to the employees of SMMEs who are at risk of losing their jobs, has…

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Company, Close Corporation and Co-Operative Services

Company, Close Corporation and Co-Operative Services During Government Lock Down of South Africa The Companies and Intellectual Property Commission would like to advise customers of the following measures being put in place by CIPC in response to the President’s announcement of the total lock down of South Africa as from midnight 26 March 2020 until…

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