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January 2017 NEWSLETTER
In 2017 there’s No Place for Hedgehogs When Forecasting
“A fox knows many things, but a hedgehog one important thing"
(Ancient Greek poet Archilochus)

What’s in store for us and our businesses in 2017?

Read on to see how “Tetlock’s Ten Commandments” will help you forecast the future like Clever Mr. Fox…..
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There’s Plenty of Good News Out There! 
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Lately, all we seem to get is depressing news – potential ratings downgrade, declining employment, corruption scandals and escalating protests.

Despite this good things continue to happen and the trajectory of the nation is, in many ways, upwards.
 
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Sectional Title Owners Beware: Your Body Corporate Must Have Adequate Reserves 
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This is essential reading for you if you are a sectional title scheme trustee, owner or administrator.  

Firstly, bring yourself up to speed on how the new reserve fund requirements will affect you and how the prescribed fund level will be determined.

Secondly we’ll highlight some other important changes introduced by the new legislation.
 
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Litigation Funding: An Affordable Way of Accessing Justice 
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In the life-span of a business, there will almost certainly be a protracted legal process. To a small or medium-sized business, this can prove ruinous as legal costs can be prohibitive.
 
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Your Tax Deadlines and Notes for January 
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The due date for provisional taxpayers via eFiling is 31 January 2017.

Don’t forget, if you are involved in a dispute with SARS, the definition of business days allowed for each party to respond excludes not only Saturdays, Sundays and public holidays but also the full period from 16 December 2016 to 15 January 2017.

Also note the Special Voluntary Disclosure Program deadline has been extended from 30 June to 31 August this year.
 
 
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Have a Healthy, Happy 

and Successful 2017!
 







Disclaimer

The information provided herein should not be used or relied on as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your professional adviser for specific and detailed advice.

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