When to Re-Evaluate Your Investment
Market turmoil is not the signal to adjust your investment strategy. When markets are volatile, investors would be forgiven for wanting to make portfolio changes as a way of trying to stay in control. However, we would caution against altering your investment strategy or its execution—unless it was incorrect at the outset, or your personal […]
Xero’s AI Assistant, JAX: A New Era for Small Business Accounting
Xero, a leading cloud-based accounting platform, is set to redefine small business finance with its groundbreaking AI assistant, Just Ask Xero (JAX). Unveiled at the company’s inaugural Investor Day, JAX harnesses the power of generative AI to automate complex accounting tasks, providing small business owners with unprecedented control and insight over their finances. How JAX […]
Cryptocurrency Trading in South Africa: Exchange Controls and Emerging Challenges
The untold story of Exchange Control Regulations. Cryptocurrency traders in South Africa have focused on understanding the tax implications of their transactions relative to the Income Tax Act. This has proved challenging, as SARS has merely stated that “the normal rules apply” without providing authoritative guidance concerning the various cryptocurrency-related transactions, and when profits are […]
VAT on Short-Term Lettings and Commissions
Are you acting as agent or principal—and what would be the pragmatic approach? There are very few people across the world who haven’t heard of Airbnb. Started in San Francisco in 2008, this multi-billion-dollar NASDAQ-listed company that employs around 7,000 people has revolutionised the short-term letting industry. Over four million property owners around the world […]