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 […]
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 […]
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 […]
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 […]
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) […]
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 […]
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 […]
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 […]