B2B Central

Mazars

30 Aug 2017

What companies should expect from the business rescue process

By Janice Roberts

Business rescue has started to yield some positive results in South Africa, as the procedure has started to gain credibility in the country. This according to Neil Miller, Director and Senior Business Rescue Practitioner at Mazars Recovery and Restructuring, who adds that many companies however still do not understand the process well enough.
16 May 2017

SARS to crack down on multinational companies

By Janice Roberts

Medium and large businesses with multinational ties will soon have to start supplying the South African Revenue Service (SARS) with more detailed reports of their relationships and transactions with entities residing in other countries. SARS has beefed up its Transfer Pricing Division and is now actively involved in the international initiative to stop base erosion...
30 Mar 2017

JSE report has valuable advice for companies

By Janice Roberts

The JSE’s annual report on its proactive monitoring for the previous year is a valuable resource for listed and unlisted companies alike, according to Justine Combrink, Partner at Mazars. The JSE’s latest report, Reporting back on proactive monitoring of financial statements in 2016, was published in February of this year.
01 Mar 2017

How Treasury plans to take the money you earned overseas

By Janice Roberts

The latest plans to tax overseas income could negatively affect the careers of many South Africans, according to Sharon Machutchon, Tax Consultant at Mazars.
24 Feb 2017

The confusion around dividend withholding tax

By Janice Roberts

In the 2017 Budget Speech, Finance Minister Pravin Gordhan announced an increase in the dividend withholding tax rate (DWT) from 15% to 20%, a measure which could have a far-reaching impact not only on the corporate community, but also on the South African economy.
02 Feb 2017

The calm before the storm

By Janice Roberts

With just weeks to go before the 2017 Budget Speech, attention is shifting to possible tax amendments expected to be implemented in the new tax year, says Tertius Troost, Tax consultant at Mazars.
29 Nov 2016

Corruption and bribery, a company’s biggest risk

By Janice Roberts

Recently published research from the Henley Business School has found that around 85 percent of international businesses resort to bribery when operating in developing economies. The study interviewed over 900 business executives during a period of 12 years, and indicated that companies from many developed countries are notoriously malleable in their attitudes towards paying bribes...
28 Oct 2016

Tax questions raised at the MTBPS

By Janice Roberts

The 2016 Mid Term Budget Policy Statement (MTBPS) transpired without much commotion, notwithstanding the controversy surrounding Minister Gordhan.
04 Oct 2016

Businesses 'must get back to basics to mitigate corruption'

By Janice Roberts

We live in testing and uncertain times, with global and local economies struggling to come to grips with slow growth, high unemployment and rising living costs. This phenomenon is often associated with companies embarking on cost cutting and cost containment, with employees bearing the brunt of low salary increases and decreased disposable income.
15 Sep 2016

Travel agents and tourists beware of fraud risks

By Janice Roberts

The number of international tourists arriving in South Africa has surged by 18,7% in the last quarter of the 2015/16 financial year, compared to the previous year, according to the Department of Tourism’s annual report.