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Why insurance premiums have almost doubled in the past 5 years

12 April 2018

Many business owners often grapple with insurance premium increases without taking time to understand what leads insurers to hike premiums.

Insurance of the future

10 April 2018

We are living in an extremely fast paced world, where a large component of success is driven by technology. New apps are launched every minute and software is outdated very soon after being released. Millennials (also known as Generation Y) are now entering their prime spending years, and since they are one of the largest generations in history, they command the type of items which are produced, at the pace that they want it to be produced and enhanced.

The ‘ins’ and ‘outs’ of a finanical services co-operative

09 April 2018

The term ‘co-operative’ is no foreign concept, however very few people, even in the business sector, are familiar with this unique business model. Johan Nel, CEO of Iemas Financial Services (Co-operative) Limited, answers a few questions to explain the ‘ins’ and ‘outs’ of what it means to be a co-operative.

Budget proposal to provide much needed clarity to mangers and unit holders of collective investment schemes

05 April 2018

The taxation of collective investment schemes (CIS) and their participatory interest holders is governed by sections 25BA and 10(1)(iB) of the Income Tax Act, No 58 of 1962 and by paragraph 61 of the Eighth Schedule to the Act. Sections 25BA and 10(1)(iB) deal with the taxation of receipts and accruals of an income nature, whereas the receipts and accruals of a capital nature are dealt with under paragraph 61 of the Eighth Schedule.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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