MATTHEW LEGG How did you prepare for your exams? By sitting in a room, discussing and debating day in and day out with a team of three of the most beautiful and brilliant minds I know. Dane, Dean, Kerri (in alphabetical order), thank you beyond words for carrying me through – this achievement is as…
The Value-Added Tax Act 89 of 1991 contains general time and value of supply rules. There are however specific time and value of supply rules that are applicable to connected persons. A special value of supply rule is essentially triggered where connected persons are not dealing at arm’s length. Connected persons A ‘connected person’ is…
The most recent definition I could find for ‘Broad-Based Ownership Scheme’ (BBOS) in a B-BBEE context was the DTI’s 2005 draft version of Statement 100 on Ownership, which reads: ‘“Broad-Based Ownership Scheme” means a collective ownership scheme constituted with the view to facilitating the participation of specified natural persons in the benefits flowing from the…
One of the greatest achievements for anyone studying to become a chartered accountant is probably the day that they graduate. Once this milestone has been achieved, the new CA is on the road to starting his or her career. Before embarking on this lifetime journey, it is very important that all young CAs take control…
2017 started with a bang, despite most people saying they wanted a slow start after a hectic 2016. Unfortunately for most of you, slowing down is not always up to you. There are so many distractions and opportunities that, without you being fully aware of them, derail you from the course you wanted to be…
Videos have become one of the quickest ways to deliver content using a multitude of social media platforms whilst also serving the purpose of branding you and your company. Whether you are creating educational tutorials, promotional content or just moving motivational recordings – you can learn how to speak on camera. Objective and timing You…
South African research shows that between 70% and 80% of small businesses fail. In fact, less than 50% survive beyond five years. Research overseas indicates that 50% of enterprises fail within the first year and 95% within the first five years. Being an entrepreneur is exhilarating. Everyone dreams of being the next Shuttleworth, Branson or…
Salary increase time is a great time. I am not talking about the mandatory annual inflationary increase, but those other performance or promotion based increases. While we probably always had an idea of what we would like to do if any additional income came our way, for some reason, after one month of increased earnings,…
THE NEXT WAVE OF EMPLOYEES In South Africa we have witnessed the challenges facing our education sector, in particular the tertiary institutions, in the last few years. Students have shown how resolute the next wave of employees are and will be. The different ways of how students communicated and how resolute they were will test…
Andile Khumalo CA(SA) isn’t easy to categorise; he wears so many hats. A highly ebullient individual, he likes to gloss over his day job(s) and get to where his real passion is – helping black entrepreneurs While words like ‘dynamic, ‘enthusiastic’ and ‘energetic’ are often over-used, especially in individuals’ own CVs, Andile Khumalo tends to…