SARS’ lifeline can save SMEs from drowning in tax debt
In these uncertain times many small to medium enterprises (SMEs) do not have the financial means to settle large debts which have accrued to the South African Revenue Service (SARS), be it in light of the crippling Covid-19 pandemic, or due to long outstanding debts....
Why executives believe closing the skills gap is an urgent priority
In 2020, many businesses were unable to provide much-needed training to their teams, as they didn't have the right training solutions. "Their inability to pivot to digital training solutions, resulted in severe delays in skills development and knowledge transfer. This...
Microsoft unveils employee experience platform
Microsoft has announced Microsoft Viva, which is says is the first employee experience platform to bring tools for employee engagement, learning, wellbeing and knowledge discovery, directly into the flow of people's work. Viva is designed to help employees learn, grow...
11 mistakes on your taxes that come with a jail sentence
A new set of tax law amendments, signed by President Cyril Ramaphosa, and promulgated on 20 January 2021 has granted SARS all the legal fire power it needs to impose criminal sanctions on taxpayers who neglect their tax affairs. By Roxanna Naidoo, admitted attorney,...
Assessing the director: a CV is only tip of the iceberg
State capture, defined as "seeking to influence the formation of laws in order to protect and promote influential private interests", and its resultant Zondo Commission, continues to shock South Africans from all walks of life. Signium's corporate governance...
Focus on POPIA, data mobility, integrity key for remote working
Most South African businesses traditionally slow down or shut down completely over the festive period, except for retail and hospitality. But 2020 was different, writes Ian Engelbrecht, senior systems engineer at Veeam. The second wave of the pandemic forced the...
B-BBEE could be used to unlock job creation
As the second wave of Covid-19 scours South Africa, it is more evident than ever that even the most astute financial modelling will not be able to predict the long-term economic and social effects of the pandemic. The pandemic and the extended lockdown have resulted...
Relief for expats confirmed
South African expatriates have been kept in suspense regarding a proposed law change aimed at providing relief to those who could not leave the country under lockdown. By Jean du Toit, head of tax technical at Tax Consulting SA This amendment was confirmed with the...
Is your business equipped to handle a third wave?
Without rapid immunisation, many experts believe that South Africa will experience a third wave of Covid-19 by the coming autumn or winter. By Lyndy van den Barselaar, MD of ManpowerGroup SA Although there is no clear-cut definition of what could constitute this...
PAYE errors that could cost you dearly with SARS
With Covid-19 burdening the economy and SARS seeking to increase its revenues however it can, organisations with misconceptions about how certain payroll elements should be taxed may unknowingly be exposing themselves financially. Tanya Tosen, tax and remuneration...
Key changes in new tax laws
The President has given effect to the 2020 tax proposals by signing three tax Acts into law. By Jean du Toit, head of tax technical at Tax Consulting SA On 15 January 2021, the President gave his assent to the Rates and Monetary Amounts and Amendment of Revenue Laws...
Crush workplace communication in the Millennial Age
The modern workplace is being transformed by technology. Companies that are embracing all things digital are reaping the benefits while those that don’t, run the risk of being left behind. But with more than half the workforce now made up of tech-savvy Millennials, is...