[Graeme Palmer] The South African Revenue Services (SARS) may raise understatement penalties if prejudice has been caused to them or the fiscus. Penalties can be imposed at 25% or 50% in the case of a "substantial understatement".
16 May 2013 11:37
[David Crosoer] The South African Reserve Bank (SARB) expects CPI inflation to average 6.3% in the third quarter of 2013, before returning into the targeted 3% to 6% band in the fourth quarter. In the previous two inflation cycles (see chart below), the SARB started to increase interest rates when inflation exceeded 5%.
16 May 2013 08:57
[Kelly Marsh] If you have good amount of savings, you would often think of earning something from it. This can mostly only be possible when you invest your money in an appropriate company. Whether you invest in a family business or some other place to make profits, make sure you do some research before you take the plunge.
10 May 2013 15:55
[Heinrich Louw] The National Treasury (Treasury) and the South African Revenue Service (SARS) recently released certain proposed limitations on excessive interest deductions for public comment.
10 May 2013 11:40
[Bonnie Ramaila] I have never understood why companies should have those closing and opening billboards before, during and after a TV programme, until I saw 1st for Women's sponsorship of the M-Net series, 'Revenge'.
8 May 2013 10:26
[Jeremy Matthews] Social networking sites are often the first point of contact between users and companies, and special care should be taken to strengthen the security of social media accounts.
3 May 2013 05:04
[Mike van Alphen] Throughout my 44-year career in banking and finance, I have, from time to time, been faced with the tragic plight of a new widow / widower finding that she / he is expected to continue to keep up with the monthly bond repayments on a home - but now that their is dead, they no longer have the income to do this.
29 Apr 2013 07:36
[Boitumelo Mothoagae] Most people go through life reacting to their financial needs rather than planning for them. This means that they are always playing catch up and, in most instances, find that they have to go into debt just to get by. By having a financial plan that adapts with your needs you will remain in control of your money and your destiny.
24 Apr 2013 06:19
[Nicole Paulsen] The question regarding the tax implications in relation to the receipt of tips in the service industry (and other industries), has created much uncertainty over the past few years.
19 Apr 2013 07:21
[Douglas Kruger] From Amoeba to Icon; where do you currently rank in your industry's natural progression? In this piece, I walk you through the seven stages of development as you strive to position yourself as an industry expert. [video]
13 Apr 2013 06:31
[Gianmarco Lorenzi] With the Protection of Personal Information Bill (POPI) expected to be promulgated this year, the focus on protection of consumers' personal information is becoming increasingly important for the local banking sector, which handles and stores thousands of clients' personal information on a daily basis.
8 Apr 2013 07:18
[Warwick Scott-Rodger] Google's driverless car has now clocked more than 300 000 miles without a single accident whilst under the computer's control, raising the possibility of a future of driverless vehicles. Should such technology be widely adopted in South Africa it could also be the answer to reducing the high number of road accidents and may even result in reduced insurance premiums.
3 Apr 2013 07:32[Samantha Matthew] "You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was uncertain on 10 September, 2001. It was uncertain on 18 October, 1987, you just didn't know it." Warren Buffett.
3 Apr 2013 07:25
[Graeme Palmer] In the Minister of Finance's Budget Speech it was announced that the new permanent voluntary disclosure programme (VDP) which commenced on 1 October, 2012, had already had 700 applications from taxpayers that would result in more than R200 million in taxes being collected before the end of March 2013.
3 Apr 2013 06:52
[Gavin Mills] Human Rights Day has come again and gone, and got me thinking: If aliens ever came to Earth, who would we choose to meet them? Who would be the best representative of humanity - and of all life on Earth.
30 Mar 2013 09:42
[Michelle Dickens] There are 19.69 million active credit consumers, of which 53.1% are considered to be in good standing. The number of consumers with impaired credit records has slowly been deteriorating from only 37.7% (in late 2007) to the current level of 46.9%.
19 Mar 2013 17:31[Craig Featherby] Expats who spend some of the year in the UK need to reconsider the way they define their tax residency status from April 2013, when new residency tests come into force.
19 Mar 2013 17:24
[Will Smith] Is it your hobby to buy and collect exquisite pieces of art? Art collecting is something that a lot of art enthusiasts pride themselves with because aside from being really beautiful, the art pieces have high value. From well-known to less celebrated artists, their artworks cost a lot of money. Sometimes, owners forget about the meaning or how expensive the art piece is until something awful has happened to it.
6 Mar 2013 09:01[Tendani Mantshimuli] The final months of 2012 held a glimmer of positive news for the South African economy but there are still serious concerns for policymakers.
5 Mar 2013 11:49
[Rose Setshoge] So, First National Bank (FNB) received an incredible volume of publicity recently; trended on Twitter, dominated other social media conversations, headlined peak hour news, talk shows opened lines for debate and met with the ruling party due to the 'You Can Help' campaign. Honestly, what more can a brand possibly ask for?
30 Jan 2013 07:33
[Dr Frances Wright] In recessionary times, the first thing that is being cut is the marketing budgets, but in reality no business will be sustainable or successful without marketing and the resultant sales. All businesses face the challenge of finding and retaining customers.
26 Jan 2013 08:22
[Johan Botes] Here are some resolutions for 2013 for you that you, as an employer, may well find useful. Get them right now - and avoid any unpleasant surprises during the year.
31 Dec 2012 07:37
[Anton Ressel] So why is accessing finance such a challenge for most SA businesses? Non-profits and social enterprises seem to be taking particular strain.
7 Nov 2012 05:11
[Richard Mullins] Companies that want to position themselves to drive business value from digital marketing must start working towards mastering the discipline of remarketing or risk getting left behind by nimbler rivals.
1 Nov 2012 06:36
[Robyn Farrell] It is estimated that 8,676 women will be affected by breast cancer in 2015 [1]. With October earmarked as Breast Cancer Awareness Month in South Africa, this is a time where we remember the women who have battled the disease and also consider the ways that we can protect ourselves.
22 Oct 2012 11:18[Laurence Hillman] Buying a home is an exciting time in any person's life and all decisions need to be carefully reviewed. It takes level headedness to come to terms with the contractual and financial jargon that goes along with all the negotiations and paperwork involved in buying or investing in a property. However, if done correctly, purchasing a property is a way of saving for the future by investing in an asset that has long-term appreciation.
22 Oct 2012 11:14
[Rod Baker] NEWSWATCH: According to yesterday's
Sunday Times and today's
Times Live, much of the licence fees we pay to the SABC are being wasted, misspent and if the newspaper terminology is to be used... "looted". Meanwhile,
Times Live also reports taxpayers are going to be coughing up yet more cash to prop up the broadcaster's new 24-hour news channel - which in an editorial the publication says we can "ill-afford". However, some good news: The new press regulations have been well received, reports
BDlive.
8 Oct 2012 06:30
[Anton Ressel] Why is accessing finance such a challenge for most SA businesses? A recent snap survey by enterprise development specialists Fetola, showed that 93% of small businesses are uncertain about where and how to access finance.
20 Aug 2012 09:50
[Bradley Maseko] With the exception of FNB, the digital innovation leader in the financial services sector, which launched its application (app) in July 2011, it has taken almost a year for the rest of the big four to launch their very own apps to engage the ever-growing digital generation which has over 70% of South Africans primarily accessing the internet through mobile platforms using smartphones.
3 Aug 2012 07:34
[Anton Ressel] Recent studies show a worrying and very steep decline in the number of new businesses being started in South Africa. However, if one looks a bit deeper there is cause for optimism.
16 Jul 2012 11:11