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16 August 2018
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Those of us who work in risk management spend a large portion of our time in a theoretical world. However, from time to time it becomes necessary to do a practical test to see if the controls we’ve put into place are effective.
We find that the terms “savings” is usually associated with a negative view when discussing budgets. Clients see this as another expense in an already too long list of expenses. Other than the expenses you have to pay in order to sustain your day to day living needs, savings are needed in order...
A new set of data taken from an offshore law firm again threatens to expose the hidden wealth of individuals and show how corporations, hedge funds and others may have skirted taxes. A year after the Panama Papers, a massive leak of confidential information from the Bermuda law firm Appleby Group...
No one likes planning for the worst, but it is an inevitability. As a fiduciary advisor, this is often a tough conversation to have.
The Taxation Laws Amendment Bill of 2017 (released on 25 October) contains proposals that will result in a significant compliance burden for companies, even although it may not always result in additional taxation. The proposal deals with disposals of shares in a company (say “A”) held by another...
Historically, the age 65 has attained that almost mythical status of being “The” age at which people retire from the work place and fade away into the, once again, mythical connotation of retirement and living out the rest of their days in glorious leisure and contemplation.
Debt relief has become a familiar subject in the current economic climate. In the absence of group taxation in South Africa, intra-group debt relief often had unforeseen tax consequences. In lieu of writing-off intra-group debt, companies often settle through share issues.
Last week we saw the largest data leak in South African history and yes, you are almost certainly affected. Below I briefly answer some of the most common questions I’ve been asked over the last few days:
On Wednesday we saw the largest data leak in South African history and yes, you are almost certainly affected.