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21 February 2018
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13 November 2017
To give it its full name, the King IV™ Report on Corporate Governance for South Africa 2016 is a more focused approach to corporate governance, listing 17 principles that “embody the aspirations of the journey towards good corporate governance”.
With the publication of the King IV™ report, the focus now shifts to implementation. How do you put the recommendations of the report into effect in your organisation?
Now that the King IV™ Report on Corporate Governance for South Africa 2016 is in broad circulation, and most companies are becoming familiar with its recommendations, it is useful to unpack one of the distinguishing characteristics of the report: its stakeholder focus.
In light of the recent downgrade, it is natural to want to take action, however we urge you to take heed, read the below to get some context, and then consult a professional before you make any financial decisions.
JOHANNESBURG — Multinational companies operating in South Africa are in a rush to comply with our new Country-by-Country (CbC) reporting standards.
Entrepreneurs and small businesses play an important role in our economy, particularly to combat unemployment. Government has recognised that is unrealistic to expect small businesses to pay the same level of taxes as more established businesses. This led to the introduction of two favourable tax...
Foreign sourced pensions are usually exempt from South African income tax where such pensions constitute consideration for past employment outside South Africa. Taxpayers earning foreign pensions should, however, take note that the application of this exemption has recently been narrowed.
If you are looking to increase your earnings, why not do it without paying tax? Tax free investments as an initiative were implemented with effect from 1 March 2015. This incentive was introduced in an effort to increase the average household savings within South Africa.
Whilst considering your estate planning needs, have you given any thought to your social media and digital legacy and how this is to be treated once you are gone? Emphasis must be given to estate planning in every aspect and ensuring that all necessary information is at hand for efficient...