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Professional Accountants | Secundes

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Find out what the world has in store for your business.

Stay up to date with the latest developments and find out how they will affect your business.

VAT and the Export of Second-Hand Goods

When second-hand goods such as vehicles, machinery, or artworks are bought and exported from South Africa, the VAT implications depend on several factors, in particular, whether notional input tax has been claimed, and who is responsible for the export. Understanding ...

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What Tax-Neutral Reorganisations (Sections 42–47) Really Mean

Restructuring a business, whether merging entities, shifting assets, separating divisions, onboarding investors, or strengthening risk protection, usually comes with significant tax consequences. Transfers of assets such as shares, property, intellectual property, or business operations would, under normal circumstances, trigger capital ...

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Financial Control Starts with Clean Books

Running a business today means dealing with rising costs, regulatory pressure, and constant operational decisions. Yet many South African business owners are still relying on outdated figures when making important calls. When the numbers lag behind reality, decisions are often ...

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