The concept of “maternity leave” has been around in our law for a long time, and the journey towards extending the concept to employees other than mothers has been a long one, marked latterly by much delay and confusion over implementation of new legislation addressing the issue. Last year in particular employers and employees were
Employees: Your New Rights to Paternity and Parental Leave Read More »
Being a company director (or a senior manager) comes with onerous duties and risks which require constant management. And 2020 is shaping up to be a year in which you will find yourself under increasing scrutiny, with the NPA now showing a distinct appetite for charging delinquent directors criminally, and with the ongoing risk of
Directors: Be Careful, You Will Be Held More Accountable In 2020 Read More »
As we settle into 2020 let’s all, with the wise old saying “Failing to plan is planning to fail” in mind, start thinking about not only what the next year or so holds for us, but about what our world could look like in 2030. Of course that means predicting the future, a notoriously
What Will The Next Decade Bring Us? Read More »
Renting out property has consistently made a lot of people a lot of money in the past, and if that concept appeals to you and if a good buy-to-let opportunity should present itself, grab it while you can. Just don’t underestimate the importance to your financial viability planning of the Taxman’s cut of your
Must You Pay Tax on Your Rental Income? Read More »
The last thing you need is to have the Taxman after you with his armoury of penalties and threats of criminal prosecution; and the likelihood of that happening if you put a foot wrong is higher than ever now with SARS missing its collection targets and pressured to up its game substantially. So do not
Your tax returns are due: make sure you fill in your return correctly Read More »
You decide to hire a new employee, but neither of you is entirely sure that the “fit” will be right. Will the job suit the new hire and vice versa? The good news is that our law allows you to employ someone new on a probationary basis precisely so that you can determine suitability,
Employees on Probation: Can You Dismiss for Poor Performance? Read More »
Not preparing a comprehensive business plan for your business, and not updating it frequently, is a recipe for disaster. In fact John Cleese’s “How can I be so stupid?” when recalling his pitch to the BBC for the launch of Monty Python’s Flying Circus – without having a business plan in place – says
5 Reasons To Never Overlook Your Business Plan Read More »
If your business has to reduce its expenses, you are far from alone. In these tough times, companies across the board are cutting costs not just to boost profits, but increasingly as a matter of survival. Be careful however – a cost cutting exercise could become counter-productive if you don’t plan for it strategically.
Businesses: Think Strategically When Cost Cutting Read More »
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
Be Ready For SARS Employee Audits Read More »
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
