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07 Feb 2019

Corporate wellness remains a strong contributor to productivity levels

Bestmed Medical Scheme hosted its inaugural Workplace Wellness Conference today, which aims to provide fresh perspectives on employee well-being in the workplace. The conference focuses on the current health conditions of the South African workforce and how employers can address these conditions through the design and implementation of programmes that support a healthy culture.
06 Feb 2019

Combatting the risks of a climate-caused pandemic

If it felt like you caught the flu more severely last year than you usually do, you might be right. Arizona State University found a link between climate change and severe flu seasons, with warmer winters being the catalyst. This is one example of the proven link between climate change and infectious diseases, with the...
06 Feb 2019

SACCI: Business confidence in waiting

SACCI released the Business Confidence Index (BCI) for January 2019 at its offices in Illovo, Johannesburg, today. The SACCI Business Confidence Index (BCI) remained virtually unchanged in January 2019 by measuring 95.1 compared to 95.2 in December 2018. Compared to January 2018, however, the BCI was 4.6 index points down from the exceptional level of 99.7...
06 Feb 2019

Is there any tax benefit in saving over the annual tax deductible amount towards retirement?

By Carrie Furman, tax specialist, Allan Gray. One of the key benefits of investing for retirement using a retirement fund is the generous tax deduction for contributions, subject to a maximum of 27.5% of the greater of your taxable income or remuneration, with an annual ceiling of R350 000. While most of us may find...
06 Feb 2019

Tharisa plc lists on A2X today

The shares of Tharisa plc (share code: THA), with a market cap of R4.5 billion, become available for trade on A2X Markets today.
06 Feb 2019

Budget Speech 2019 could bring SA some good news

The upcoming National Budget Speech for 2019/20 could be a seminal moment for South Africa’s Treasury. The possibility exists that the country may see the impactful tax changes that have been made over the past two years, begin to bear fruit. 
06 Feb 2019

Be warned – your retirement benefits may not end up where you plan

If you are formally employed you might have been required to join your companies contracted retirement scheme, and they would have asked you to nominate a beneficiary for the proceeds in case you die before retirement. However, if you chose a beneficiary that is not your dependant then the chances are that the retirement fund...
06 Feb 2019

Finance professionals have to tech-up within the next three years

Most finance teams and professionals are not evolving their skills fast enough to account for the impact of artificial intelligence, robotic process automation and other technologies according to Re-inventing finance for a digital world, a study released by the Chartered Institute of Management Accountants (CIMA).
06 Feb 2019

Top tips for provisional tax payers

The second provisional return for the tax year 1 March 2018 till 28 February 2019 is ‘backward looking’, says Marc Sevitz, co-founder of TaxTim.
05 Feb 2019

Save money by topping-up your retirement annuity – or by investing today

As the end of the South African tax year approaches, you have the opportunity to get a contribution to your retirement savings from the government. One way to do so is by topping up your retirement annuity (RA) or by investing in a new RA if you haven’t yet. Not only will you reduce your...

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za