“The golden rule of all estate planning is: don’t wait.” (Missionwealth.com) Just 20% of South Africans have a valid will (“Last Will and Testament”), resulting in countless heart-breaking stories of grief-stricken surviving spouses and children with no income or access to funds as bank accounts have been closed, floundering in confusion with no idea where…
“When written in Chinese, the word ‘crisis’ is composed of two characters. One represents danger and the other represents opportunity.” (John F. Kennedy, 35th U.S. President) When people hear the term “crisis management” they immediately picture a PR team in front of the media defending a company from an unpredictable disaster, but crises that close down…
7 October – Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 October – Value-Added Tax (VAT) manual submissions and payments 28 October – Excise Duty payments 29 October – Corporate Income Tax (CIT) Provisional Tax payments where applicable 29 October – Value-Added Tax (VAT) electronic submissions and payments. Disclaimer: The information provided herein should not be used…
“Every advantage has its tax.” (Ralph Waldo Emerson) The purpose of the foreign remuneration exemption, which was introduced in 2000, is to provide relief from any possible double tax that may arise where both South Africa and the foreign country taxes the same income derived from employment, according to a SAICA article on the topic,…