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So far boake has created 19 blog entries.

Newsletter February 2016

BUDGET 2016/2017 With our currency still recovering from President Jacob Zuma’s hair-raising decision in December 2015 to replace Nhlanhla Nene with David van Rooyen, Pravin Gordan has come to the rescue as South Africa’s new Finance Minister. Gordhan succeeded Trevor Manuel as Minister of Finance in May 2009 and held this position until May 2014 [...]

By |2017-03-29T12:02:56+02:00Feb 1st, 2016|Newsletter|

Newsletter August 2015

B-BBEE CERTIFICATES AND SMALL BUSINESS The amended B-BBEE Codes of Good Practice became effective as from the 1 May 2015. The DTI published a Notice in the Government Gazette shortly thereafter, clarifying the dates the Codes become effective, as follows:   All B-BBEE verifications conducted using the financial year ending before 30 April 2015, can [...]

By |2017-03-30T10:39:50+02:00Aug 1st, 2015|Newsletter|

Newsletter April 2015

TAX FREE SAVINGS AND INVESTMENT ACCOUNTS National Treasury issued a media statement on Friday 20 February 2015 to indicate that the Minister has approved the publication of the Regulations and Notice under section 12T(8) of the Income Tax Act, 1962 that allows for the introduction of Tax Free Savings and Investment Accounts with effect from [...]

By |2017-03-30T09:25:24+02:00Apr 1st, 2015|Newsletter|

Newsletter March 2015

2015 BUDGET SPEECH – HIGHLIGHTS In his first National Budget speech, Finance Minister Nhlanhla Nene stated that it was a challenging budget to prepare, under difficult circumstances, including electricity supply challenges and a weaker economic environment. As stated by Minister Nene, “The 2015 Budget tax proposals aim to increase tax revenues, limit the erosion of [...]

By |2017-03-29T16:27:06+02:00Mar 29th, 2015|Newsletter|

Newsletter February 2015

INTERNAL CONTROLS The South African media is awash with stories of maladministration, fraud and corruption. Small businesses are the most vulnerable to fraud because they often don’t have effective internal controls. This is largely as a result of the cost of ensuring compliance with internal control systems. However, by removing opportunity and motivation for fraud [...]

By |2017-03-29T15:56:36+02:00Feb 1st, 2015|Newsletter|