Keep your business and brand safe on the road
The delivery industry is currently booming. After a period of dormancy, when the nationwide lockdown first came into effect, companies were allowed to start trading all goods again (apart from cigarettes and alcohol) from the 15th of May 2020. And since then the restriction on the sale of alcohol has been lifted as well. Apart […]
Putting your saved money to good use during a recession
On the 5th of March, South Africa confirmed its first coronavirus case and less than a month later, the country had already completed a full week under lockdown. In this month, consumer spending took a big knock as by the first few days of the lockdown, consumer spending fell to a low of 28% for […]
SARS eases burden on taxpayers, but there’s a catch
The tax season is swiftly approaching. For many people, it’s a time of the year that they dread. When it comes down to it, tax can become complicated mess that involves a lot of maths and calculations that just doesn’t come naturally to most. For those of us who don’t have PhDs in accounting or […]
Do tenants still have to pay rent during the lockdown?
Common Law position – in absence of a “force majeure” clause A force majeure is an act of God or man (such as a war, strike, riot, crime, plague, or an event described such as a hurricane, flood, earthquake, volcanic eruption, etc.), that is unforeseeable, out of the reasonable control of the parties to a […]
Timeframe for the export of goods during the Covid-19 pandemic
Interpretation Note 30 (“IN 30”) by the South African Revenue Service (“SARS”) explains the requirements that need to be adhered to and prescribes the documentary proof, acceptable to the Commissioner, that must be obtained and retained by a vendor in order to levy value-added tax (“VAT”) at zero rate on a supply of movable goods, […]
How to claim your home office as a tax-deductible expense
As the old adage goes, change is as good as a holiday. But the way that the novel coronavirus has shaken up the world we live in, has, to the contrary, been extremely disruptive and stress-inducing. For many people, the disruption has come in the form of shifting from the traditional office space to working […]