Subscribe







Forward email
May and CompanyAccounting | Auditing | Tax Specialists














September 2016 NEWSLETTER
Be Prepared As Government Takes Aim At Trusts
For many years government has been hostile to trusts. In the latest draft Bill of 2016 taxation amendments, a provision has been inserted on trusts. 

Be aware that this has not passed into law but it will have a fundamental impact on trusts if enacted as it stands. This early warning gives you more time to consult with your tax adviser.
read more
 
 
Due Diligence: It’s More Than Just Compliance 
ArticleImage
We tend to think of due diligence as a boring bit of compliance when buying or selling a business. Often auditors come and hunch over files for a few days or weeks and then give you a report on their findings.

But in today’s fast-moving world due diligence can be a considerable asset to your business. Think of how quickly a social media comment can damage a business...
 
read more
Business Rescue – How Well Is It Doing And How Can We Improve It?  
ArticleImage
Business Rescue (BR) is one of the cornerstones of the “new” Companies Act. It is generally agreed that the BR section of the Act is based on global best practice and is of a very high standard.

Virtually all business owners will go through difficult times at some stage in their career – knowing how BR works could be the saviour of your business.
 
read more
A Nightmare On SARS Street: They’re Using Debt Collectors To Recover Tax 
ArticleImage
Our two worst nightmares are owing SARS money and being pursued by debt collectors. These nightmares are fusing into one as SARS have contracted debt collectors to recover amounts due to SARS that are older than four years.

Why would SARS use debt collectors?....
 
read more
Your Tax Deadlines For September 
ArticleImage
23 September is the due date for manual and postal income tax submissions. 

Don’t forget these other important deadlines for the 2015/2016 tax year:

  • 25 November 2016 – eFiling for non-provisional taxpayers.   If you plan to submit from a SARS’ office this is also the due date for filing (non-provisional taxpayers),

  • 31 January 2017 – provisional taxpayers via eFiling.

 







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.

© DotNews 2018.  All Rights Reserved.


  A Client Connection Service by DotNews