June 6, 2018

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 […]
June 6, 2018

Interest free loans and trusts

The recent introduction of section 7C to the Income Tax Act brought the taxation of trusts, and the funding thereof specifically, under the spotlight again. Briefly, section […]
June 6, 2018

Interest free loans to directors

It is very often the case that a company extends an interest free or low interest loan to a director. This manifests either as a true […]
May 22, 2018

The hidden cha-ching when selling your home

Selling your home involves various costs, and you may get out of your sale less than what you expected. Do these costs apply to you? *The […]
May 4, 2018

The taxation of employee incentive schemes

It has become popular commercial practice for many employers to design employment incentive schemes whereby employees are remunerated for services rendered over a period of time […]
May 4, 2018

Assets held as security by SARS when a company is being liquidated

The KwaZulu-Natal High Court previously granted an application brought by Van der Merwe and others (acting as liquidators) requiring the Commissioner for the South African Revenue […]
May 4, 2018

Removing directors of a company

The Companies Act, 71 of 2008, requires that the business and affairs of any company be managed by or under the direction of its board, which […]
April 13, 2018

Trust litigation – Who can institute a claim and which court has jurisdiction?

This article deals with the questions of who can institute litigation on behalf of a trust, as well as with the question of how jurisdiction is […]
April 13, 2018

The benefits of creating a trust

Trusts are well-known to facilitate effective estate planning and continuity planning strategies. That said, setting up a trust – whether an inter vivos (between the living) […]
April 13, 2018

Cancelling a contract? The do’s and dont’s to consider!

Every person, whether an individual or a juristic person, will find themselves in a situation where they will want to terminate a contract. The aim of […]
January 24, 2022

Intra-group transactions and the subsequent sale of assets

The South African Revenue Service (“SARS”) issued a private binding ruling (BPR329) on 27 September 2019 on the tax implications of intra-group transactions and the subsequent […]
January 24, 2022

Are opinions admissible in court?

In general, the admissibility of evidence is dependent on whether the evidence is relevant to a fact in issue in the case.  In DPP v Kilbourne […]
October 5, 2021

What are your rights when it comes to forced COVID-19 testing?

As the COVID-19 pandemic is spreading across the globe, Minister of Health, Zweli Mkhize has expressed his concern that there is not enough testing being done […]
October 5, 2021

How to minimise your business’s risk of internal crime

Every now and then a new news story is published of an employee who steals a great sum of money from the company they work for. Most […]
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