LOANS TO TRUSTS: THE NEW LEGISLATION (SECTION 7C)

2018-09-18T08:21:08+00:00June 14th, 2017|

During the past 12 months, a lot has been speculated with regards to the findings by The Davis Tax Committee on trust loans and possible tax effects thereof. There have been many opinions published over the last year, and as [...]

AN EXAMPLE OF SECTION 13

2018-09-18T08:11:12+00:00June 14th, 2017|

Our CEO, Johannes Maree, wrote an article to illustrate an example regarding the section 13sex Residential Building Allowance - here it is. Before I get to the numbers, a recap of the requirements: 1. The residential unit must be new [...]

BUDGET OF 2017

2018-09-18T08:05:18+00:00June 11th, 2017|

In my opinion, there were no major surprises or major alarm bells in this year's budget speech, duly delivered by our esteemed Minister of Finance, Mr Pravin Gordhan. The budget has been labelled "pro-poor, but not populist" by News24, and [...]