Asset Refinance – Beacon Of Optimisation
Asset Refinance – Beacon Of Optimisation Refinancing emerges to become a beacon of financial optimisation and scaling growth. Refinancing of existing debts or the refinance of an asset, whether paid off or close to being settled, might become a beacon of financial or cashflow optimisation. You might have an asset previously subjected to a finance […]
Write-off or Compromise of Tax Debt: Understanding Sections 192 to 207 of the Tax Administration Act
Write-off or Compromise of Tax Debt: Understanding Sections 192 to 207 of the Tax Administration Act Tax debt can be a significant burden for individuals and businesses alike, often leading to financial distress. Fortunately, under sections 192 to 207 of the Tax Administration Act, there are provisions that allow for the write-off or compromise of […]
Practical Guidelines for Trustees of Family Trusts
Practical Guidelines for Trustees of Family Trusts A family trust is a popular and effective estate planning tool, enabling individuals to protect their assets, provide for their families, and ensure smooth succession planning. However, trustees who manage the trust’s affairs bear significant responsibilities. Properly executing these duties requires not only a deep understanding of the […]
Market value and the characteristics of agricultural property
Market value and the characteristics of agricultural property Farms are bought and sold, sometimes as businesses, sometimes because they are enjoyable places to live, sometimes as investments, and sometimes as insurance against a declining currency value. The farmland market does not have the characteristics of a purely competitive market, which are: The product of each […]
The Importance of Regularly Having Your Trust Deed Reviewed
The Importance of Regularly Having Your Trust Deed Reviewed Failure to review a trust deed from time to time can cause serious legal and financial problems, disputes, and adverse consequences for beneficiaries. The key players in a trust are the founder, the trustees, and the beneficiaries. When examining a trust deed, it is important to […]
Solar System Caution: Ombud and Insurers Warn of Rising Risks
Solar System Caution: Ombud and Insurers Warn of Rising Risks The Consumer Goods and Services Ombud (CGSO) has issued a cautionary notice to current and prospective solar system owners, citing a surge in complaints and insurance claims related to faulty or non-functional solar and generator systems. This trend is mirrored by insurers who report a […]
Employment Equity Amendment Act, No 4 of 2022 – For current implementation
Employment Equity Amendment Act, No 4 of 2022 – For current implementation The President of South Africa has issued a proclamation in terms of which the amendments to the Employment Equity Act, 1998 (EEA), which were signed into law in 2023, will come into effect on 1 January 2025. The Department of Employment and Labour […]
Final Deregistration at the Companies and Intellectual Property Commission (“CIPC”) – New Update
Final Deregistration at the Companies and Intellectual Property Commission (“CIPC”) – New Update The Companies and Intellectual Property Commission (“CIPC”) recently provided updated criteria for the reinstatement process for Companies and Close Corporations that were deregistered due to non-compliance with annual returns and beneficial ownership declarations. Due to the high volume of reinstatement applications received […]
A Win for Business Rescue: SCA Confirms SARS Cannot Set Off Pre-Rescue Tax Debts
A Win for Business Rescue: SCA Confirms SARS Cannot Set Off Pre-Rescue Tax Debts On 12 May 2025 the Supreme Court of Appeal’s decision, in Henque 3935 CC t/a PQ Clothing Outlet v Commissioner for the South African Revenue Service (846/2023) [2025] ZASCA 56, marks a significant turning point in business rescue jurisprudence, particularly regarding how historical […]
Identity versus Image: Aligning the Two Pillars of a Successful Brand
Identity versus Image: Aligning the Two Pillars of a Successful Brand In a crowded marketplace, your brand competes not only on products and pricing but on perception. Every logo tweak, every social post and every customer interaction either strengthens or weakens that perception. The secret to steering it in your favour lies in understanding two […]