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14 May 2020

As COVID-19 wreaks havoc across the globe, a topic that is unlikely to have surfaced on the first page of a multinational entity (MNE) group’s red flag report is transfer pricing.

14 May 2020

The rapid spread of COVID-19 has resulted in disruptions that have impacted every sector of the economy. COVID-19 is now national disaster in terms of the Disaster Management Act 57 of 2002, with a nationwide lockdown that commenced on 26 March 2020.

14 May 2020

As the economic implications of the coronavirus pandemic become evident, Government has committed to helping the most impacted sectors of our economy. But how is COVID-19 Government relief treated for tax purposes? Once again, we must look at the capital vs revenue debate.

14 May 2020

As the State President’s declared lockdown is implemented, the effects on economic activity and individuals will be keenly felt. In the case of individuals, many will have to work reduced hours with related cuts in remuneration. Even worse, many will face retrenchment.

14 May 2020

The COVID-19 pandemic has changed the world very quickly and many organisations have initiated remote working to ensure business continuity as much as possible.

14 May 2020

Because we don’t know how long the COVID-19 epidemic may last, businesses must thoroughly assess their risks and quantify the effects of business disruption as best they can. These are unprecedented times for all of us, and the only certainty is that the way we do business will change.

12 May 2020

On Friday, 8 May 2020, the Labour Court upheld an urgent application by NUMSA and the SA Cabin Crew Association (the Unions) against South African Airways (SAA) and its business rescue practitioners (BRPs) and ordered that it was procedurally unfair to retrench employees before a business rescue...

07 May 2020

What happens if a tenant is unable to pay their rent? What if they can pay but choose not to in the interests of “fairness” – because why should only non-essential businesses get a payment holiday? Bradley Jackson, Partner at BDO Cape Town, explores the issues.

07 May 2020

SARS has responded to current covid-19 challenges by making key changes to the personal tax filing season. In a media briefing held on -5 May, SARS commissioner Edward Kieswetter reiterated that more than ever before, “taxpayers need to remain compliant”.

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