SECTION 80A (c) (ii) OF THE INCOME TAX ACT AND THE SCOPE OF PART II A: THE BIG BOOM PART 1 1. Introduction According to the economist Adam Smith in his book, The wealth of nations – 1776, one of the basic principles of any tax system should be that individuals can determine the amount…
Laasjaar was daar ongeveer elke kwartaal groot skokke soos elektrisiteit, kommoditeitsinflasie, rentekoerse en uiteindelik die grootste bielie van almal, die wereldkrisis, hul opwagting gemaak het. Hierdie jaar is dit ons makrobeleid wat toenemend verras. Die begrotingssurplus van 1% van BBP in 2007 het laasjaar stadig in ’n begrotingstekort ontaard, maar het toe veral hierdie jaar…
Step 1 | Strategise It all begins with a clear strategy that is understood by the relevant stakeholders. Once the buy-in or commitment is obtained, it creates a burning platform for change. Key to the strategy is to focus on the following: • Web presence – once your organisation is on the web, it has…
The Lexus brand has become synonymous with luxury internationally and this vehicle is no exception. From the swooping coupe-like lines to the soft – touch leather interior, this vehicle oozes elegance. This particular version of the GS is a hybrid. The Hybrid technology effectively uses an electric, as well as, a petrol engine. There is…
As a New Gen CA(SA), developing your Professional Skills is as important as developing your technical skills. In business you work with people – not only numbers. To work with people you need the right Professional Skills. The underlying purpose of our four New Gen Supplements for 2009 is to help you develop your professional…
BI – Is It Art? In the previous article (ASA April 2009 – What is BI?) the core definition of BI was discussed. It describes what is BI and how it can help business to improve decision making. A short description has also been given on how the BI project at SAICA has been implemented,…
One of South Africa’s most daunting educational challenges is to ensure that the average student entering university has a foundation sufficiently strong to handle the demands of university life. With a view to contributing meaningfully to meeting that challenge, SAICA has accredited 13 universities to deliver the chartered accountancy [CA(SA)] programme comprising BCom and the…
Following our biannual member survey in early 2008, it emerged that one of the services expected from SAICA by our members is the delivery of sufficient, valuable and relevant networking events. These include member to member and member to public events. These regional events are over and above the seminars and workshops hosted by SAICA.…
Challenges faced by students following the distance learning route There has been much press recently about the shortage of accountants and more specifically Chartered Accountants in South Africa [CAs(SA)]. This follows research conducted by SAICA in 2008. There are many challenges we face in developing young CAs(SA). One such challenge is in the Distance Learning…
Title: The EU VAT System and the Internal Market Author: Rita de la Feria This thesis focuses upon VAT in the context of the European Community’s internal market. Its central aim is to prove that the current EU VAT system is incompatible with the concept of an internal market, as set out in the EC…