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Writing off capital debt

Writing off capital debt

Reduction in a company’s debt is covered by Paragraph 12A of the 8th Schedule to the Income Tax Act.

South Africa, wake up and smell the water!

Increasing demand, pollution, poor management structures and crumbling sewerage infrastructure could spell catastrophe for South Africa’s freshwater supply. Prof Anthony Turton, professor at University of the Free State’s centre for environmental management, takes a closer look at this dire situation.

Vietnamese fillet of beef

This Durban boykie has chilli, jeera, elachi and high-octane dhania running in his veins. But recently, other elements such as lime juice and fish sauce have begun to enrich his bloodstream. Add these to a rare beef fillet, and Vietnam makes its victorious arrival in the kitchens of our grateful nation.

No more cheap food

Food should not be cheap. It should be valued and appreciated because of the scarce resources used during the production process, and because of the effort and risk taken to produce it.

Every business needs a boss

No great organisation was ever built without clear lines of command.

Calling on our commercial and mega farmers

Developing South Africa’s emerging farmers will only be successful if the country’s commercial and mega farming sectors become involved, says Nick Serfontein, chairperson of the Sernick Group.

Egg breakfast with a twist

Tradition says eggs make a breakfast. But what about adding some roasted vegetables? And a freshly made roti in place of toast? The only thing better than tradition is progress, believe me.

Rietfontein Boerdery: farm, hiking trails & wedding venue

Cattle and maize farmers Maurice and Celestè Leonard have established hiking trails, a wedding venue and accommodation on their Gauteng farm. They spoke to Gerhard Uys.

Why the use of draft animals must start gaining traction

Promoting and supporting the use of draft animals will have significant consequences for the empowerment of emerging farmers and the communities in which they live, says animal traction expert, Bruce Joubert.

Upside down apple pie

An important celebration deserves food that’s a feast for the eye as well as the more usual parts of the body. Apple Tarte Tatin certainly plays its part: it looks superb and tastes like a few slices of heaven.

Well played in Durban!

A recent Tax Court judgement is relevant to those wishing to challenge reassessments.

Emerald Vale Brewery – craft beer with added value

Craft breweries have become popular in South Africa in recent years. Grant Hollins visited Emerald Vale Brewery on the Wild Coast to learn about its commercial success.

Encroaching bush, grass threaten SA farming

Prof William Bond, chief scientist at the South African Environmental Observation Network (SAEON), explains why earlier predictions about changes to South Africa’s biomes due to climate change turned out to be wrong.

Time for chicken-fried steak

In one of my other lives, I write a weekly television review. US swamp-related documentaries grab my attention from time to time, and it was from these that I learnt about chicken-fried steak, a delicious Southern-style beef dish. Let’s get cookin’, folks…

Why the best-laid plans don’t hatch

The process of planning the future of your business is more important than the plan itself.

Challenges and opportunities for SA’s red meat producers

The current drought and other difficulties are dominating conversation among South Africa’s red meat producers, but Dr Pieter Prinsloo, second vice-chairperson of the Red Meat Producers’ Organisation, reminds us of the opportunities.

Slow-cooked lamb shanks with sweet potatoes

This delicious dish is melt-in-the-mouth, and is a superb way to mark any occasion.

Milk prices to increase by May due to drought

South African consumers will be paying more for milk from May, due to the drought and milk supply shortages.

Saving your assessed losses

An assessed loss can be a valuable asset that helps you pay less tax – but it must be protected.

Spicy pork belly

I come from an ancient family tradition in which we never ate pork. But when I became a man, I cooked like a man, and pork found a minor but significant role in my diet. Pork belly gets its best attention in the cooking of Asia, specifically the south-east. Here’s a delicious meal that will satisfy a hearty appetite – and, if you choose, set your tongue on fire.
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