Results for tax incentive

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What does it take for African women to be successful entrepreneurs?
What does it take for African women to be successful entrepreneurs?Article

According to the World Bank, Africa is the only region in the world with more female than male entrepreneurs. One in four African women start or manage a business, many of them in the informal sector...

Melissa Mbazo-Ekpenyong 23 hours ago

The potential for a digitised built environment sector
The potential for a digitised built environment sectorArticle

Before Covid-19 relegated most of society to the confines of their homes, the fourth industrial revolution (4IR) sought to bring digital transformation to the masses...

Mondli Cele 28 Apr 2021

Green Paper on Marriages approved for public consultation
Green Paper on Marriages approved for public consultationArticle

Cabinet has approved the publication of the Green Paper on Marriages for public consultation...

22 Apr 2021

5 reasons learnerships deserve greater acknowledgement
5 reasons learnerships deserve greater acknowledgementArticle

Despite having a strong track record for transforming employment and skills development, learnerships continue to be undervalued and undermined in SA...

Rajan Naidoo 9 Mar 2021

Minerals and energy Gwede Mantashe
DMRE promises to address licence backlogArticle

The Department of Mineral Resources and Energy (DMRE) indicated that 235 mining rights; 2,485 prospecting rights; 1,644 mining permits; 238 Section 11 change of ownership transfers; and 724 licence renewals are currently backlogged...

5 Mar 2021

Gold Fields is planning a 40MW plant at South Deep Mine
Self-generated power, less red tape and new tech will drive SA mining forwardArticle

South African mines have been granted state permission to generate energy for their own use without having to rely on Eskom's unstable power supply...

Owen Murphy 3 Mar 2021

Europlaw Group and SJ Global Investments entered into international joint venture agreement
Europlaw Group and SJ Global Investments entered into international joint venture agreementArticle

Europlaw Group decided of entering into a formal business collaboration of entering into a joint venture with SJ Global Investments...

Issued by Europlaw 2 Mar 2021

Dino Zuccollo is the chair of the 12J Association
Treasury's decision to cancel S12J investments - throwing the baby out with the bathwaterArticle

In the 2021 Budget Review tabled with finance minister, Tito Mboweni's budget speech, Treasury announced that Section 12J of the Income Tax Act will not be extended past its sunset date of 30 June 2021...

Dino Zuccollo 25 Feb 2021

#BudgetSpeech2021: SME wishlist to help rebuild SA's economy
#BudgetSpeech2021: SME wishlist to help rebuild SA's economyArticle

With the Minister of Finance delivering the much-anticipated 2021 National Budget today, one can't help but reflect on what solutions need to be implemented...

Gugu Mjadu 24 Feb 2021

How will new tax and labour legislation affect your business?
How will new tax and labour legislation affect your business?Article

2020 will likely forever be remembered for its major challenges, including many personal losses caused by Covid-19. In the wake of a year of lockdowns, job losses, and more, both businesses and staff are looking to the annual Budget Speech happening on 24 February with a mixture of hope and dread...

19 Feb 2021

Andrew Friedman, head of sales, Anuva Investments
5 aspects of 12J investments you may be myth-ingArticle

"Too good to be true" is an adage that typically services you well when it comes to your money, especially in a world full of myths and conspiracy theories, Ponzi deals, pyramid schemes and promises of the Next Big Thing...

Andrew Friedman 9 Feb 2021

Employment Tax Incentive: How can it help your business?
Employment Tax Incentive: How can it help your business?Article

In an effort to address SA's high youth unemployment levels, the government introduced the Employment Tax Incentive (ETI) scheme, with the aim of encouraging and incentivising employers to employ the youth. But what exactly are the benefits for employers?

29 Jan 2021

Section 12J investments more beneficial than only their tax treatments
Section 12J investments more beneficial than only their tax treatmentsArticle

The government's tax-incentive to boost economic growth - Section 12J of the Income Tax Act - gives investors more than a mere tax benefit...

Renier de Wit 28 Dec 2020

Reasons to stay positive in the face of unemployment
Reasons to stay positive in the face of unemploymentArticle

Despite Stats SA's recently released Quarterly Labour Force Survey recording an unemployment high of 30.8%, all is not lost. The de-escalation to level one of the government's Covid-19 risk-adjusted strategy since the beginning of October, and further easing of lockdown regulations has started to breathe life back into the economy with employment in many sectors increasing...

3 Dec 2020

Africa's untapped opportunity: How Africa's free-trade area could catalyse the agricultural sector's development
Africa's untapped opportunity: How Africa's free-trade area could catalyse the agricultural sector's developmentArticle

The African Continental Free-Trade Area could accelerate the development of sub-Saharan Africa's agricultural sector and help the continent to become self-sufficient in food production...

Louis van Ravesteyn 2 Dec 2020

IMF's new policy at odds with green Covid-19 recovery
IMF's new policy at odds with green Covid-19 recoveryArticle

A new review of the International Monetary Fund's (IMF) most recent economic policy advice for five countries with ongoing coal sector expansions show it is green-lighting fossil fuel expansion...

9 Oct 2020

Government urged to support R&D in South Africa
Government urged to support R&D in South AfricaArticle

The government has been urged to boost its support for research and development (R&D) in South Africa, to help the economy to weather the economic storms of the Covid-19 pandemic...

5 Oct 2020

Employer reconciliation, third party declaration period opens
Employer reconciliation, third party declaration period opensArticle

The interim employer reconciliation and third party declaration period is now open, the South African Revenue Service (Sars) said on Tuesday...

15 Sep 2020

National Assembly approves Covid-19 tax relief bills
National Assembly approves Covid-19 tax relief billsArticle

The National Assembly has passed the Disaster Management Tax Relief Bill and the Disaster Management Tax Relief Administration Bill...

26 Aug 2020

#WomensMonth: 'Do not give up my sisters' says Yvonne Iyer, founder of Yin Connect
#WomensMonth: 'Do not give up my sisters' says Yvonne Iyer, founder of Yin ConnectArticle

As the founder of Yin Connect, a 100% BEE woman-owned boutique consultancy, Yvonne Iyer helps connect businesses with retired German experts...

Evan-Lee Courie 12 Aug 2020

Rebuilding the humanitarian ecosystem in South Africa
Rebuilding the humanitarian ecosystem in South AfricaArticle

When the dust settles, the humanitarian sector will need to take strategic steps to restore and strengthen its capacity to contribute effectively to a post-Covid world...

Reana Rossouw, Issued by Next Generation 7 Aug 2020

Where mining meets energy: small operational changes reap great savings
Where mining meets energy: small operational changes reap great savingsArticle

There are opportunities for South Africa's mining sector to continue exploring cost-saving measures with improved energy efficiency, despite national energy constraints and a mining sector set to contract...

29 Jul 2020

Adopt-An-SME initiative launched
Adopt-An-SME initiative launchedArticle

Why waste a good crisis? This is a question being asked of six high-potential South African entrepreneurs who have recently been selected as part of a new SME support initiative...

27 Jul 2020

The sit-down restaurant industry's blueprint for recovery
The sit-down restaurant industry's blueprint for recoveryArticle

The Restaurant Collective (R|C) has launched its roadmap to recovery which it sees as a practical plan that can succeed if it garners broad support...

Grace Harding 22 Jul 2020

[REPORT]: The impact of the Section 12J incentive on SA's economy
[REPORT]: The impact of the Section 12J incentive on SA's economyArticle

The Section 12J Association of South Africa has released a report outlining the details the impact which the Section 12J incentive has had on the SA economy...

29 Jun 2020

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There's no need to reinvent the wheel to boost growth in agricultureArticle

The South African agriculture sector has the potential to be among the sectors that will drive economic growth and job creation during the post-Covid-19 recovery phrase. The path to realise this growth does not need new policies...

19 Jun 2020

Unpacking ETI tax relief
Unpacking ETI tax reliefArticle

The latest Covid-19 tax relief measures announced by Treasury have brought about some much-needed relief for employers. The increased Employment Tax Incentive (ETI) is a form of relief which all employers should harness...

Bobby Wessels 29 May 2020

TERS payments are exempt from PAYE
TERS payments are exempt from PAYEArticle

Businesses registered with the Unemployment Insurance Fund (UIF) that are suffering financial distress as a direct result of the Covid-19 pandemic qualify to receive financial relief from the Temporary Employee / Employer Relief Scheme...

Graeme Palmer 25 May 2020

Zane de Decker, MD of Flyt Property Investment
South Africa is a legal tax havenArticle

South Africa is currently enjoying the status of a tax haven - a bold statement, I admit, and one that some might think outrageous, but if you break down the monetary calculations of a Section 12J investment, you will realise the glaring opportunity too...

Zane de Decker 18 May 2020

Covid-19 is likely to reshape the world - here's how accountants can help
Covid-19 is likely to reshape the world - here's how accountants can helpArticle

As an accountant, you have an invaluable role to play in helping your clients survive the Covid-19 outbreak and its economic effects...

Pieter Bensch 12 May 2020

Further tax measures to combat impact of Covid-19
Further tax measures to combat impact of Covid-19Article

As part of the second phase economic response to the Covid-19 pandemic, National Treasury has published another draft bill to formalise the tax relief measures available to small businesses. The draft legislation aims to clarify several matters which were previously the subject of uncertainty and introduces additional tax measures...

Juanita van der Merwe 8 May 2020

Africa needs to promote domestic tourism. Joana French/Shutterstock
Strategies Africa's tourism requires to manage blow from coronavirusArticle

Tourism has become an important economic sector for most African countries in the last two decades. There has been increased investments in product development and enhancement, aggressive marketing, coupled with appropriate business-friendly socio-political reforms...

Issahaku Adam & Albert N Kimbu 24 Apr 2020

Further tax measures to provide support
Further tax measures to provide supportArticle

Finance Minister Tito Mboweni has provided more details on the second set of measures that are aimed at assisting individuals and businesses through the Covid-19 pandemic...

23 Apr 2020

Covid-19 public health measures are stalling economic activity. Getty Images
Covid-19 tax relief: a snapshot of what's out thereArticle

Across the globe, many governments have been forced to lockdown their countries in an attempt to curb the spread of the Covid-19 pandemic. A number of African countries have adopted similar measures. This has stalled, if not brought to a halt, economic activity...

Lee-Ann Steenkamp 9 Apr 2020

The Bizcommunity: Not taking lockdown lying down
The Bizcommunity: Not taking lockdown lying downArticle

In true South African spirit, even in times of adversity, daily stories of generosity and ingenuity abound. Never have we been more proud of how business communities are using our publishing platforms than since the outbreak of the Covid-19 coronavirus...

Issued by Bizcommunity.com 6 Apr 2020

Image source: Getty/Gallo
Covid-19 and what it means for tax in the mining industryArticle

During the 21-day lockdown period, mining operations in South Africa will scale down significantly. The effect on deep-level mines will probably be most significant as coal mines supplying Eskom will continue to operate, albeit at a reduced level.

Adéle de Jager, 1 Apr 2020

Image source: Getty/Gallo
Covid-19 and tax relief measuresArticle

To alleviate the impact of the lockdown on businesses, President Cyril Ramaphosa announced the introduction of a number of economic measures, including tax relief measures...

Aubrey Mazibuko & Louis Botha 31 Mar 2020

Covid-19 lockdown: How it will affect your employer's finances
Covid-19 lockdown: How it will affect your employer's financesArticle

With South African businesses facing an unprecedented crisis, many are worried about whether they will be able to afford to pay their employees...

Yolandi Esterhuizen 26 Mar 2020

SA lockdown - Assisting small businesses and employees through tax system
SA lockdown - Assisting small businesses and employees through tax systemArticle

The effect of South Africa's Covid-19 lockdown on businesses and their employees will be harsh, so the government will be taking several steps to support individuals and small businesses...

Jana Botha 24 Mar 2020

#Budget2020: Small businesses heave a sigh of relief
#Budget2020: Small businesses heave a sigh of reliefArticle

Finance Minister Tito Mboweni's Budget Speech for the 2020/1 tax year offered small and medium businesses reason to feel both relief about a lack of growth-dampening tax increases...

28 Feb 2020

#Budget2020 highlights...
#Budget2020 highlights...Article

"Ex Africa Semper aliquid novi," winning requires hard work, focus, time, patience and resilience. Finance Minister Tito Mboweni delivered his National Budget Speech on 26 February 2020, leaving South African taxpayers pleased by the implementation of tax relief on personal income tax, but disappointing those who indulge in alcoholic beverages and heated tobacco products...

Virusha Subban, Jana Botha, and Prenisha Govender 27 Feb 2020

Finance Minister Tito Mboweni
#BudgetSpeech2020: Experts deliver their verdictArticle

Finance Minister, Tito Mboweni's 2020 Budget Speech wasn't as dire as some commentators expected. In fact, it depicted a government that is reform-minded and ready to flex its muscles, which sparked an immediate celebration in the rand and bond markets...

27 Feb 2020

Image source: Getty/Gallo
Of wishlists and tax incentivesArticle

Every year, when I start thinking about the annual Budget Speech, I wonder what is to come. Is this the year that the corporate tax rate will change? Maybe capital gains will finally be 100% taxable? Or something more low key, like an increase in the Securities Transfer Tax?

Elizabeth Lombaard 24 Feb 2020

New study: Middle-class South Africans charitably give away 35% of their monthly income
New study: Middle-class South Africans charitably give away 35% of their monthly incomeArticle

A new study published this week has revealed that charitable giving - to both individuals and charities - is widespread among middle-class South Africans...

20 Feb 2020

Image source: Getty/Gallo
#BizFinFocus: Reassessing the state of retirement savingsArticle

We have a new finance minister and hopefully new energy in government. It is time for the legislators to reassess the state of retirement savings in South Africa and chart their own course...

Rowan Burger 18 Feb 2020

China: Rise of a new philanthropic power
China: Rise of a new philanthropic powerArticle

In response to the ongoing coronavirus emergency, on 31 January, Chinese billionaire Jack Ma pledged the equivalent of $144m...

Fabrice Jaumont and Charles Sellen 10 Feb 2020

Image source:
South Africa's biodiversity tax incentive is taken to scaleArticle

Successfully introducing South Africa's first biodiversity tax incentive was a complex process requiring support from numerous stakeholders, including government, protected area implementers, landowners and communities...

Candice Stevens 7 Feb 2020

What you should know about the proposed Employment Tax Incentive amendments
What you should know about the proposed Employment Tax Incentive amendmentsArticle

On Tuesday 26 November 2019, a number of tax-related bills were passed by the National Assembly and are currently being deliberated by the National Council of Provinces...

3 Feb 2020

Property is still a sound investment in SA, provided you take the right approach
Property is still a sound investment in SA, provided you take the right approachArticle

Property has traditionally been one of the safest forms of investment, offering stable long-term returns. But with South African residential property prices in decline, a sluggish economy, and fears around expropriation without compensation, it may not feel as sound as it once did...

Hugo Venter 23 Jan 2020

2019 in the facilities management sector - a difficult year for most
2019 in the facilities management sector - a difficult year for mostArticle

"2019 has been a disappointing year for many businesses, in fact, a bad year," says Owen Nkomo, markets commentator and CEO of Inkunzi Wealth...

20 Dec 2019

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