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24 Feb 2016

SOES are not ‘sacrosanct’

State Owned Enterprises (SOEs) are not seen as “sacrosanct” and Treasury is willing to take a tougher look at these entities.
24 Feb 2016

Budget 2016 includes taxes to promote public health

In his Budget Speech today, Finance Minister Pravin Gordhan announced taxes that intend to promote the well-being of South Africans
24 Feb 2016

Budget 2016: Fuel taxes to rise

Fuel taxes raise general revenue, fund compensation for road accidents, and help to address pollution and congestion. Government proposes to increase the general fuel levy by 30c/litre, effective 6 April 2016.
24 Feb 2016

Budget 2016: Changes to Trusts, CGT and transfer duty

In Finance Minister Pravin Gordhan’s 2016 budget, changes to trusts, Capital Gains Tax (CGT) and transfer duty were announced.
24 Feb 2016

Budget 2016’s tax proposals

In his much anticipated Budget Speech today, Finance Minister Pravin Gordhan said that in view of the need to raise additional revenue and reduce the budget deficit, Treasury had this year paid special attention to the fairness and inclusivity of the tax system.
23 Feb 2016

The impact of social media on liability risks

According to a report released by social media agency We Are Social, the number of active social media accounts in SA grew by 20% to 11.8 million in 2015. Simon Colman, Head of Commercial Liability Underwriting at SHA Specialist Underwriters states that the wide adoption and instantaneous nature of social media platforms means that bad...
23 Feb 2016

More exclusive apartments to be built in Rosebank

Not everyone wants to live in an apartment – even if it’s in Manhattan or Knightsbridge.  But it seems an increasing number of South Africans are attracted to the idea of low-maintenance, lock-up-and-go flats.  If this applies to you, read on.  You’ll love the new development set to be built in Rosebank, Johannesburg – and...
23 Feb 2016

Shock proof your finances against further rate hikes

Homeowners with a flexible rate mortgage bond will have seen their monthly repayments escalate yet again following last month’s 0.5% increase in the lending rate. And those in the know predict that further rate hikes may be on the cards for later this year.
22 Feb 2016

Three ways for Budget 2016 to inspire confidence in SA economy

The South African Institute of Professional Accountants (SAIPA) is calling on the Minister of Finance to focus the budget on mid- and long-term economic growth, even while dealing with short-term issues.
19 Feb 2016

Budget ‘most critical’ one since SA’s 1994 transition to democracy

Finance Minister Pravin Gordhan has promised to take the necessary steps to avoid a credit rating downgrade when he tables the 2016/17 Budget on Wednesday. Enormous damage was caused by December’s “Nene-Gate” and the threat of a rating downgrade to junk status – notably from Fitch and S&P – is looming.

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