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17 Feb 2016

What we expect from Budget 2016

The first question I always encounter when discussing budget previews is: Will we pay more tax?  The answer is a definite ‘yes’.  PWC says there has been a rapid slow down in revenue collections since the Medium-Term Budget Policy Statement (MTBPS) was presented in October last year.
16 Feb 2016

Budget 2016: Little room for tax relief

PwC tax experts gave their predictions for the 2016 Budget Review at a press briefing held in Johannesburg today, with experts contending that there is little room for tax relief and a tighter tax deficit.
15 Feb 2016

If the Rand remains weak, returns in foreign currency could boost investment portfolios

The gloomy economic start to 2016 has not dispelled the forecast of a tough outlook for South Africa over the course of this year.
11 Feb 2016

Budget 2016 - voice your views

Global economic conditions have deteriorated somewhat since the publishing of the Medium Term Budget Policy Statement in October. Sentiment towards emerging markets has grown negative and developing countries are grappling with various challenges.
11 Feb 2016

8 focus points of the budget speech 2016/1

Ferdie Schneider, National Head of Tax at BDO, previews the Budget Speech. During his Medium Term Budget Speech on 21 October 2015, the then Minister of Finance, Mr Nene, prepared us for the fact that government’s revenue shortfall will again be of paramount importance come the 2016 Budget Speech.
11 Feb 2016

Advantages of Small Business Corporations

While the Davis Tax Committee is proposing drastic reforms to the current Small Business Corporation (SBC) tax regime it is still considered advantageous for any company or close corporation who meet the requirements as stipulated in Section 12E of the Income Tax Act to be taxed as a Small Business Corporation.
10 Feb 2016

Taxation Laws Amendment Act cannot be postponed

The Association for Savings and Investment South Africa (ASISA) has noted with grave concern reports that the Taxation Laws Amendment Act may be postponed.
10 Feb 2016

Local CIS industry assets closing in on the R2 trillion mark

Investors had almost R1.9 trillion invested with the local Collective Investment Schemes (CIS) industry at the end of December 2015. This represents a healthy increase of around R200 billion from the R1.7 trillion in assets under management at the end of 2014.
08 Feb 2016

Hollard launches new car and home TV commercial

Hollard has launched its new car and home TV commercial, which aims to show South Africans that it offers much more in the insurance world than most consumers realise.
08 Feb 2016

AllianzGI to acquire Rogge Global Partners

Allianz Global Investors (AllianzGI), one of the world’s leading active investment managers, announced today that it has agreed to acquire Rogge Global Partners (RGP), the London-based global fixed income specialist. The transaction, for an undisclosed sum, will see AllianzGI acquire 100 per cent of the issued share capital in RGP from Old Mutual and RGP...

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