National Treasury yesterday released the draft bills for public comment, which once approved will serve to effect the legislative amendments announced as part of the 2019 Budget Review. Of interest to the individual taxpayer and especially one whom has surplus funds available for investment is the proposed changes to cap the tax deduction available in…
By Darryn Faulds, Fund Manager at MeTTa Capital Negativity around South Africa Inc. has been building for some time with questions swirling over the performance of the country’s economy, its struggling equities market, corporate scandals as well as heated politics. Amid strained performances for many stocks on the JSE, a growing chorus of commentators have…
The increase in the tax return threshold On the 6th of June this year, the head of SARS, Edward Kieswetter, announced that the threshold for submission of tax returns has been increased from R350 000 to R500 000. This means that if you earned less than R500 000 in the 2019 tax year, you do not have to…
By Yamini Gajapathy, Head – Modern Application Services –South Africa, Wipro Limited When considering application modernisation and management, corporates face the challenge of striking the right balance between cost, quality and time to market. The fundamental aim of application modernisation is to create new business value from existing applications, which were designed to perform a…
Only matters where the Disciplinary Committee has ordered either general or specific publication or alternatively where the Disciplinary Committee has made a Ruling in terms of By-law 30.2 1. Matter One 1.1 The Disciplinary Committee found the member guilty of: 1.1.1 An offence in terms of By-law 34.12 , comprising: “conducting himself….in a manner which,…
By Coenie Middel, CEO, Middel & Partners “If you always do what you always did, you will always get what you always got.” Albert Einstein Small and medium businesses constantly face a wide range of challenges – some are no more than niggles that with a bit of effort and focus, can be overcome. But…
Chief Justice Mogoeng Mogoeng, during his address at The Directors Event in Sandton, highlighted the issue of board and other leadership appointments in the public sector. “I think we should begin to think about tests that people must be subjected to before they can be elevated to positions of high responsibility,” he said. “It is…
The demanding nature of the CA profession means that time is often a commodity. While the pressurised environment can start from as early as undergraduate level, this does pay off, with CAs earning an average salary of close to R500 000 pa once fully qualified. However, full-earning potential is only realised later in life, which can…
Investec is introducing new leave and dress practices for all South African employees. Staff will have the option to move onto a new leave system which will not seek to limit the number of days they can take per year. The new dress policy will give staff the freedom to choose how to dress based…
Authored by: Marisa Jacobs, Director at Xpatweb President Cyril Ramaphosa shared an optimistic lookout on the future for the Business and Government sectors within South Africa, at his State of Nation Address (SONA) on 20 June 2019. During the address, President Ramaphosa continuously encouraged Foreign Direct Investment (FDI) confirming that they continue to build a…