News

Unless you’re at the 45% marginal tax rate, most losses can be set off against other income. If a person is not at the maximum marginal tax rate, can they opt to have their taxable loss from their sideline business, ...

When earning an income in South Africa, you are probably paying tax. The Income Tax Act 58 of 1962 (“the Act”) describes gross income as: “(i) in the case of any resident, the total amount, in cash or otherwise, received ...

When most people hear the term business restructuring, they think of companies in trouble. But in South Africa’s unpredictable market, proactive restructuring is increasingly being used as a strategic growth tool. Done correctly, it’s not about “saving” a business, but ...

Staying compliant might not be the most exciting part of running a business, but it’s one of the most important. It’s the quiet force working behind the scenes to protect your business, win trust, and make sure you’re ready for ...

What are the Capital Gains Tax implications of investing in unit trusts? Unit trusts, or collective investments to give them their proper name, have long been popular investments, particularly for the ordinary investor. The main reason for this is that ...

South Africa changed its pension laws with effect from 1 September 2024. The new system is designed to give individuals the opportunity to access only a portion of their retirement funds before they retire, in the case of dire need, ...