Explore the Category
Cash-constrained companies faced with scheduled dividend payments could find themselves and their preference shareholders in further financial straits if they do not act swiftly. Missing a dividend payment without renegotiating preference share terms could have devastating income tax implications.
Talk about bad timing. The Constitutional Court on 21 July 2020, after some 250 days of deliberation, decided that the way in which many franchise operators have been claiming their tax expenses does not rank for tax relief.
Filing a tax return is not something we all learnt at school and can be overwhelming not only for first-timers, but for seasoned tax payers too.
Earlier this month, the Pretoria High Court granted a small business owner an urgent basis for relief against the South African Revenue Service (SARS) who depleted his bank account without following due process.
Are financial advisers ready for the combined impact of COFI and AI?