Tax relief for medical expenditure is granted through tax credits. Herman Viviers, Liza Coetzee and Lelanie Bredenhann take an X-ray of medical tax credits to highlight four issues relating to its application Just like you need to regularly go for medical check-ups, South African tax legislation is also revisited regularly. The tax relief for medical…
DetailsIf anyone needed proof of the mobility that a CA(SA) qualification offers, they have to look no further than Nazeer Wadee, acting group chief financial officer of pay TV giant MultiChoice. By Monique Verduyn In demand almost from the moment he qualified, Nazeer Wadee has had the satisfaction of providing essential strategic guidance and consulting…
DetailsIn the modern world, where many professionals have the option of being employed or to opt for self-employment, each individual in either of these employment categories has unique requirements to address their vastly different insurance needs. Just as there are contrasts between the desires and goals of individuals who are self-employed and those who are…
DetailsIt’s around this time of year that many have annual performance reviews on the mind – a process almost universally dreaded by employees and managers alike. Not only does it generally involve time-consuming paperwork, but also often frustration and anxiety among staff. It’s a good time to ask yourself, is a review accomplishing what it…
DetailsCA(SA) trainees unite to create positive change Access to high-quality education in a healthy learning environment is a rarity in rural South Africa, particularly in the formative years. CA(SA) trainees are fortunate to be part of the most educated group of young people in this country, and it is their role to invest in developing…
DetailsHope and pride During visits abroad, and especially to First World countries, one always draws comparisons between what ‘they have’ and what ‘we have (or don’t have)’. Then, sometime during your trip, you realise that yes, they have amazing public transport networks, no power cuts or water problems, and a strong currency (among many other…
DetailsIn terms of the VAT Act, when an agent makes a supply of goods or services for and on behalf of its principal with a third party, the supply is deemed to be made by the principal and not by the agent. The following example in SARS VAT 409 – Guide explains the VAT mechanics…
DetailsAston Martin N430 Special Edition Audi TT BMW X6 M50D McLaren 650S Aston Martin N430 Special Edition Every man growing up at some stage wished he had owned an Aston Martin. This is a lot to do with the Aston Martin being closely associated with James Bond. An ordinary guy with the most extraordinary…
DetailsPeople have begun to treat their general ledgers like an all-purpose tool; but just because it can be used to do something doesn’t mean it should be. Although the general ledger has the ability to house both financial and non-financial information, it is a financial document. The general information that it was created for, was…
DetailsLast month, we discussed framing. This is not necessarily a psychological bias, it’s just the way we make sense of the world. The problem with framing, though, is that most people don’t even know when it’s happening. We might think that we are able to frame decisions in different ways to assist our decision-making, but…
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