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Tax & Management

Energetic creativity is the difference between mediocre and great managers. But you have to work at it.
Two aspects of the Carbon Tax Bill to be implemented in South Africa in 2019 should be of interest to farmers.
It’s your job to find unique ways of adding value to your products to drive up profits.
If you have set up a trust, make sure you put it to good use to maximise the value of its assets.
Sustainable farming means taking care of the environment and making a profit. Farmers should be highly suspicious of advice that does not take this into account.
If you structure your business creatively, you’ll be able to save many thousands of rands in tax. Here are some simple, practical ways to do this.
Take great care to associate with ethical people and avoid those who are not. In turn, provide your colleagues with an impeccable example of integrity.
To limit tax/estate duty advantages, relevant legislature focuses on the method used to place assets into the trust, rather than on the trust itself.
South Africa’s power utility, under enormous financial pressure, is desperately increasing tariffs to survive. This, in turn, is worsening its woes as more and more consumers switch off.
So often we hear managers say: ‘Our people are our most precious asset’. Here’s a poultry farmer who takes this approach to an entirely new level.
Have you forgotten your most basic job as a farmer – to work alongside nature and leave a farm behind that will provide for years to come?
In South African legal parlance, fixed property is made up of two elements: the outright ownership of the property, and the right of use or enjoyment of it.