by support@amal.co.za | Dec 19, 2023 | Accounting
ON 07 NOVEMBER 2014. Higher profit pressure faces state-owned enterprises By: Neo Semono | Members of Parliament have responded to Finance Minister Nhlanhla Nene’s inaugural Medium Term Budget Policy Statement (MTBPS), which he tabled in...
by support@amal.co.za | Dec 19, 2023 | Accounting
ON 30 MARCH 2015. 2015 Tax related budget proposals Page 1 of 17 2015 TAX RELATED BUDGET PROPOSALS The following is a summary of the tax related budget proposals announced by the Minister of Finance on 25 February 2015. BUDGET HIGHLIGHTS The main tax proposals...
by support@amal.co.za | Dec 19, 2023 | Accounting
ON 15 MAY 2015. The Minister of Finance has decided not to proceed with the implementation of the proposal to reduce the remuneration threshold against which contributions to the Unemployment Insurance Fund (UIF) are calculated. This decision was taken after...
by support@amal.co.za | Dec 19, 2023 | Accounting
ON 17 JULY 2015. Corporate Entities: Duel Residency Determination On 22 May 2015, a memorandum of understanding was entered into between the South African Revenue Service and the Mauritius Revenue Authority. This memorandum states that...
by support@amal.co.za | Dec 19, 2023 | Accounting
ON 03 SEPTEMBER 2015. With effect from 1 January, new rules were introduced in the Income Tax Act governing the tax consequences flowing from the reduction or waiver of debts. The amendments were prompted in response to the global financial crisis and the...
by support@amal.co.za | Dec 19, 2023 | Accounting
ON 21 OCTOBER 2015. In terms of the current Companies Act, companies and CCs can be deregistered for administrative reasons (in the vast majority of cases for not lodging annual returns and paying annual duty) and can apply to be reinstated. An anomaly exists in the...