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26 Feb 2015
Strides to boost small business to be praised, but higher marginal rate a concern

High to middle income earners and consumers of alcohol and cigarettes suffered the brunt of the pain meted out by…

Strides to boost small business to be praised, but higher marginal rate a concern

High to middle income earners and consumers of alcohol and cigarettes suffered the brunt of the pain meted out by the government in the 2015/16 Budget speech, but the government also made important strides to simplify tax compliance for small businesses, said Deloitte on Wednesday. Additional sources of tax revenue…

26 Feb 2015
SA corporates worse-off

South African corporates will be worse off under the abolition of section 6quin tax credits which is likely to dampen…

SA corporates worse-off

South African corporates will be worse off under the abolition of section 6quin tax credits which is likely to dampen trade and investment into Africa. The section 6quin tax credit arose as a result of extensive lobbying by local corporates, who were subjected to high withholding taxes in other African…

26 Feb 2015
What the Minister of Finance said and what it means for you

Our national budget is, in many respects, no different to our own personal household budgets. Karin Muller, head of Sanlam…

What the Minister of Finance said and what it means for you

Our national budget is, in many respects, no different to our own personal household budgets. Karin Muller, head of Sanlam Growth Market Solutions, explains: “Over the last couple of years consumers have experienced greater pressure on their wallets, as our income has not been able to keep up with the…

26 Feb 2015
Finance Minister introduces measures to support a positive environment for small and medium businesses

By Kobus Engelbrecht, Marketing head for Sanlam’s Business Market South African small and medium businesses need a supportive environment for…

Finance Minister introduces measures to support a positive environment for small and medium businesses

By Kobus Engelbrecht, Marketing head for Sanlam’s Business Market South African small and medium businesses need a supportive environment for optimal efficiency. To this end, the Minister of Finance announced several initiatives which, if implemented effectively, will go a long way to create such an environment, says Kobus Engelbrecht, marketing…

26 Feb 2015
It’s all about debt stabilisation

By Arthur Kamp, Investment Economist at Sanlam Investments There was nothing too exciting in this Budget, other than confirmation that…

It’s all about debt stabilisation

By Arthur Kamp, Investment Economist at Sanlam Investments There was nothing too exciting in this Budget, other than confirmation that a prudent fiscal path will be followed in order to stabilise government’s debt ratio. Against the backdrop of a revenue shortfall for 2014/15 of R14.7 billion below the 2014 Budget…

26 Feb 2015
Retirement reform still in progress

By David Gluckman, Head: Special Projects at Sanlam Employee Benefits, with contributions from Sanlam Employee Benefits’: Anton Swanepoel, Danie van…

Retirement reform still in progress

By David Gluckman, Head: Special Projects at Sanlam Employee Benefits, with contributions from Sanlam Employee Benefits’: Anton Swanepoel, Danie van Zyl, Kobus Hanekom, Carien Veenstra, Mayuri Reddy, Freddy Mwabi, Ryan Campbell-Harris In the 2015 budget speech, the Minister of Finance made a number of proposals that are relevant to the…

26 Feb 2015
Budget 2015 – tight and conservative

Expectations of high increases in the marginal tax rate, capital gains tax and VAT failed to materialise in what has…

Budget 2015 – tight and conservative

Expectations of high increases in the marginal tax rate, capital gains tax and VAT failed to materialise in what has been labelled a reassuring budget, delivered by Finance Minister Nhlanhla Nene in parliament on Wednesday, 25 February. “Just like central banking, the best possible budget is a boring budget, and…

26 Feb 2015
How deep the hole

By Chris Hart, Chief Strategist at Investment Solutions and Lesiba Mothata, Chief Economist at Investment Solutions. The 2015 budget is…

How deep the hole

By Chris Hart, Chief Strategist at Investment Solutions and Lesiba Mothata, Chief Economist at Investment Solutions. The 2015 budget is well intentioned; however, the likelihood of achieving the desired result is doubtful. South African government finances are clearly under pressure. Fiscal flexibility has been declining over the past six years.…

23 Feb 2015
Hansgrohe launches web-based bathroom specifier tool

Hansgrohe South Africa last week announced the launch of its revolutionary web-based bathroom and kitchen design tool, iSpecify. First in…

Hansgrohe launches web-based bathroom specifier tool

Hansgrohe South Africa last week announced the launch of its revolutionary web-based bathroom and kitchen design tool, iSpecify. First in the market, this online specification tool allows architects, interior designers and bathroom planners to plan, source and coordinate their projects with the Axor and Hansgrohe products ranges. “Innovation is part…

22 Feb 2015
Decorex showcases changing role of kitchen in the home

2015’s biggest kitchen trends, not to mention the very latest state-of-the-art kitchen products and appliances, will be on show at…

Decorex showcases changing role of kitchen in the home

2015’s biggest kitchen trends, not to mention the very latest state-of-the-art kitchen products and appliances, will be on show at this year’s edition of Decorex SA, the country’s three-part exhibition showcase of South Africa’s foremost décor and design talent. Sponsored by world-leading Franke Kitchen Systems, the ‘Franke Make it Wonderful…

20 Feb 2015
Surprise of the week

So preoccupied have I been with the Budget, the ‘broken’ country, the jammed signal, and general work and life issues…

Surprise of the week

So preoccupied have I been with the Budget, the ‘broken’ country, the jammed signal, and general work and life issues that I nearly missed the market hitting an all time high. For a brief and fleeting moment 53 – something – was the level of the JSE. The country is…

20 Feb 2015
Budget 2015 predictions

By Ferdie Schneider, National Head: Tax, BDO South Africa In his Medium Term Budget speech, Minister Nene emphasised that government’s…

Budget 2015 predictions

By Ferdie Schneider, National Head: Tax, BDO South Africa In his Medium Term Budget speech, Minister Nene emphasised that government’s revenue shortfall is of paramount importance. Taxation as a method of revenue generation is off-course most likely to be made use of. The media and tax commentators have speculated widely…

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