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Ruling on special tax provision spells good news for franchise operators

In a recent landmark case, the Tax Court upheld that a very special, and mostly under-utilised tax deduction allowed by section 24C of the Income Tax Act, No. 58 of 1962, may be applied to franchisee costs...

By Natasha Wilkinson 3 days ago

Second public protector CEO takes early exit

Public Protector Busisiwe Mkhwebane's new CEO has called it quits less than a year after taking the reins at the Chapter 9 institution...

2 days ago

Oil and gas tax needs tweaks, not overhaul, says Davis Tax Committee

No major changes to the existing fiscal regime for the oil and gas industry have been proposed by the Davis Tax Committee...

By Linda Ensor 15 Nov 2017

Proposed mining financial provisioning regs will overhaul the NEMA

The Proposed Regulations Pertaining to the Financial Provision for Prospecting, Exploration, Mining or Production Operations were published for comment last week.

By Garyn Rapson and Kirsty Kilner 15 Nov 2017

Activist can't file class action against Facebook: EU lawyer

Austrian activist Max Schrems cannot bring a class action against Facebook for privacy breaches, although he is allowed to sue the US social media giant on a personal basis, the adviser to the EU's top court has said...

3 days ago

Crystal meth bust at OR Tambo Airport

Crystal meth worth an estimated at R4 530 000 was intercepted at OR Tambo International airport on Wednesday, said the South African Revenue Service (SARS)...

15 Nov 2017

Davis commission calls for mining sector's upfront capex tax to be scrapped

The Davis Tax Committee has recommended that the special tax regime for the mining sector be abolished...

By Linda Ensor 14 Nov 2017

SA needs a tax bill of rights to govern how Sars treats taxpayers

The Davis Tax Committee has recommended SA adopt a taxpayer bill of rights...

By Linda Ensor 13 Nov 2017

Why companies don't always test for alcohol... and why they should

Although alcohol and substance testing forms part of the health and safety policies and procedures in many industries, there are still a great number of organisations that do not employ the same cautionary practice, potentially resulting in significant loss to the business...

By Rhys Evans 13 Nov 2017

ConCourt gives Sassa December deadline

Social Development Minister Bathabile Dlamini has welcomed the Constitutional Court's directives to Sassa to deliver a comprehensive plan to the court by 8 December 2017, detailing how it will pay more than 17 million grant recipients...

13 Nov 2017

Adams & Adams #Crammer17: insights into intellectual property

The Adams & Adams 'Crammer' session, recently held in Cape Town and Sandton, was aptly named as they crammed as much content as possible into the morning session in intense, 20-minute increments on the balancing act of copyright and freedom of speech as well as who really owns that IP...

By Leigh Andrews 10 Nov 2017

'Suspicious' SARS deposits not probed

As South African Revenue Service (SARS) commissioner Tom Moyane braces for an inquiry into the administration of the tax agency, further damaging revelations emerged on the investigation into its second-in-charge, Jonas Makwakwa...

By Natasha Marrian 10 Nov 2017

Bills on 'sugar tax' and tax exemption adopted in Parliament

Parliament's finance committee has adopted bills on a health promotion levy and amending the tax exemption for income earned by South Africans working abroad...

By Linda Ensor 10 Nov 2017

Myanmar jails filming crew for two months over drone use

A Myanmar court sentenced a foreign filming crew and their local colleagues to two months in prison Friday for flying a drone over parliament, their lawyer said...

10 Nov 2017

What rights do employees have to legal representation during disciplinary hearings?

The recent postponement of suspended Eskom executive Mathsela Koko's disciplinary hearing highlights just how costly and drawn out disciplinary procedures can be when lawyers become involved in the process...

9 Nov 2017

Hawks head, police commissioner to be appointed soon

Police Minister Fikile Mbalula says President Jacob Zuma is nearing the finalisation of the appointment of the National Police Commissioner and the head of the Hawks...

9 Nov 2017

Court bid over teacher bursaries fails

The High Court in Pretoria has dismissed Solidarity Helping Hand's challenge to the Department of Basic Education's Funza Lushaka bursary scheme for trainee teachers, which the organisation had argued discriminated against white students...

By Tamar Kahn 9 Nov 2017

Dealing with a personal injury at your business

When someone becomes hurt at your place of business, things can turn serious fast...

By Boris Dzhingarov, Issued by Monetary Library 9 Nov 2017

Water and Sanitation to appear before committee

The Department of Water and Sanitation will today brief the Parliamentary Portfolio Committee on Water and Sanitation on new developments in the department...

8 Nov 2017

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International

Malaysia rescues 140 pangolins from suspected smugglers

Dozens of live pangolins were seized from suspected traffickers close to Malaysia's border with Thailand, officials said Wednesday, 8 November, thwarting the latest attempt to smuggle the critically endangered creatures.

10 Nov 2017

Keep your business safe during divorce

Happily ever after isn't a given after you say, "I do," unfortunately, and if the divorce comes around, all your financial assets could be at risk. Divorce is a harrowing ordeal for anyone, but when you're a small-business owner, it can affect even that.

By Boris Dzhingarov, Issued by Monetary Library 1 Nov 2017

New iPhone brings face recognition (and fears) to the masses

WASHINGTON, US: Apple will let you unlock the iPhone X with your face - a move likely to bring facial recognition to the masses, along with concerns over how the technology may be used for nefarious purposes.

30 Oct 2017

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