Daily Archives: September 25, 2019

Beware of 45% tax on restricted shares in start-ups

Founders, directors and employees of start-up companies in South Africa should be aware that acquiring or owning shares carrying restrictions such as ‘lock-ins’ could land them with a tax liability at 45%. ‘If you hold restricted shares, you pay a much higher tax rate when you exit or when the restrictions lift– at the marginal…

Multi-generational diversity impacts workplace productivity

Debbie Goodman-Bhyat Managing teams comprised of a range of generations is a growing challenge for leaders and, if this challenge is not constructively and proactively addressed, it can have a substantial negative impact on affected employees and ultimately the organisation, a leadership expert says. “As more and more people put off retirement until later, whether…