Category Archives: Besigheid | Business

WHAT SHOULD YOU CONSIDER WHEN INVESTING IN A BUSINESS

You have worked hard for many years, and have finally saved enough funds and mustered the courage to take the big leap that you have been dreaming about for such a long time… you are going to invest in your … Continue reading

Posted in Besigheid | Business | Tagged , , | Leave a comment

CRYPTOCURRENCY

Cryptocurrency and blockchain has been the hot topic in the media the past year. It is a concept that few truly understand, and could change the future for everyone in a major way. But what is cryptocurrency and blockchain? Per … Continue reading

Posted in Besigheid | Business, Finansiele | Financial | Tagged , , , | Leave a comment

BESTE REKENINGKUNDIGE PRAKTYKE VIR KLEIN BESIGHEDE

Wanneer dit kom by die welsyn van ’n besigheid, is rekeningkunde bo-aan die lys. Sonder behoorlike rekeningkunde, loop ’n besigheid die risiko om alles te verloor. Die volgende is ’n paar beste praktyke, wat noodsaaklik is vir besighede om van … Continue reading

Posted in Besigheid | Business | Tagged , , | Leave a comment

EXPANDING THE CONTROLLED FOREIGN COMPANY REGIME

We have previously reported on the “controlled foreign company” (“CFC”) regime as contained in section 9D of the Income Tax Act, 58 of 1962. Briefly again, that section seeks to impute the taxable income of a CFC into the hands … Continue reading

Posted in Besigheid | Business | Tagged , , | Leave a comment

RENTEVRYE LENINGS AAN DIREKTEURE

Maatskappye verskaf heel dikwels rentevrye of laerente lenings aan ‘n direkteur. Dit manifesteer óf as ‘n ware aansporing of voordeel aan daardie direkteur (meestal die geval in groter korporatiewe omgewings) óf in klein besighede in die plek van salarisse wat … Continue reading

Posted in Besigheid | Business | Tagged , | Leave a comment

INTEREST FREE LOANS CROSS BORDER

A consideration of the tax consequences of interest free loans will be incomplete if not also considered in the context of interest free debt funding being provided cross-border. Typically, when “cheap debt” is encountered it is in the form of … Continue reading

Posted in Besigheid | Business | Tagged , , | Leave a comment

RENTEVRYE LENINGS EN TRUSTS

Die onlangse invoering van Afdeling 7C tot die Wet op Inkomstebelasting1 het die belasting van trusts, en spesifiek die befondsing daarvan, opnuut onder die soeklig geplaas. In kort, Afdeling 7C beoog die heffing van skenkingsbelasting op lenings verskuldig deur trusts … Continue reading

Posted in Besigheid | Business | Tagged , , | Leave a comment

INTEREST FREE LOANS WITH COMPANIES

The latest annual nation budget presented in Parliament proposed the dividends tax rate to be increased with almost immediate effect from 15% to 20%. The increased rate brings into renewed focus what anti-avoidance measures exist in the Income Tax Act[1] … Continue reading

Posted in Besigheid | Business | Tagged , , | Leave a comment

OFFSHORE COMPANIES AND DOING BUSINESS IN SOUTH AFRICA – A COMPANIES ACT PERSPECTIVE

According to the most recent statistics released by the South African Revenue Service, South Africa remains a net importer of goods and services. Put differently, one could say that South Africans are more often clients in cross-border transactions than they … Continue reading

Posted in Besigheid | Business | Tagged , , | Leave a comment

HOME OFFICE EXPENDITURE

With current day realities manifesting in ever increasing distances required to be travelled to get to an office, traffic congestion, etc. more and more employers are opting to give their employees the option of working from home. The proliferation of … Continue reading

Posted in Besigheid | Business | Tagged , , | Leave a comment