When drafting a contract, ignoring tax will often be to your peril. Every single contract in terms of which money or property changes hands has tax

How to Obtain the Right to Mine in South Africa? South Africa has the world’s fifth-largest mining sector in terms of gross domestic product value. The

South African courts have adopted the abstract theory, which means that the validity of transferring ownership is not affected by whether the original transaction is valid.

To successfully deduct an expense, there must be a link to earning taxable income. Section 11(a) of the Income Tax Act, the so-called ‘general deduction formula’,

In a recent legal dispute, the court’s ruling brought to the forefront a perplexing issue that has long plagued the legal landscape: the classification of settlement

In South Africa, where businesses often face unique challenges and opportunities, the roles of business consultants and advisors are often crucial. Both consultants and advisors provide

Being patriotic is good when it comes to sports teams, but not necessarily for investments. Samuel Johnson’s quotation about patriotism being “the last refuge of a

As of 1 September 2024, significant changes have been introduced to the retirement landscape in South Africa with the implementation of the two-pot retirement system. This

The Maintenance of Surviving Spouses Act 27 of 1990 permits surviving spouses to seek maintenance from the deceased spouse’s estate upon the marriage ending due to

Being a minority shareholder can leave you powerless in situations where decisions are made against your wishes. Most Memorandums of Incorporation (MOIs) typically require a 75%

Some vehicles you cannot claim VAT on, some you can and knowing the difference can save you a lot of money. When can you claim input

Owing money to the South African Revenue Service (SARS) can be stressful, but don’t panic. By understanding your options and taking prompt action, you can resolve