With SARS struggling to meet its revenue targets and individuals carrying the bulk of the tax burden, we can probably expect SARS to increase its audits of employees’ tax returns. Forewarned being as always forearmed, we discuss the implications for both employees and employers, with suggestions on how employers should have their employees handle queries …
Shareholder agreements, as the backbone of shareholder relationships, form a vital part of any company’s potential for stability, success and profitability. But what happens if your shareholder agreement conflicts with your company’s MOI (Memorandum of Incorporation)? Worse still, what if either of them are at variance with the Company’s Act? Which of the three takes …
As movie mogul Samuel Goldwyn is said to have put it “A verbal contract isn’t worth the paper it’s written on”. The problem with oral agreements is that they are open to misinterpretation, doubt, dispute and outright fraudulent denial. Rather record and sign everything even when (as is the case with most contracts in South …
A properly drawn and executed will (your “Last Will and Testament”) is the only way for you to ensure that your loved ones are properly looked after once you are gone. Perhaps most importantly, only by making your own will can you specify who is to inherit what from you. But is your “Freedom of …
