The authorities have been tightening up on trusts for many years, and the latest set of proposals are set to tax trust income even more severely.
The time has come for us to learn some lessons from the most labour-efficient farmers in the world.
Maize producers and maize users will have to watch the markets carefully in coming months.
In a recent seminar, Prof Willie van der Westhuizen discussed errors that could lead to tax costs.
Don’t become obsessed with cost-cutting. Profit is what really matters – and this requires revenue.
Efficiency measures are necessary right now, but all decisions should be taken on a ‘total farm’ basis.
Although the practice itself isn’t illegal, the abuse or serious mismatch of prices is a form of tax avoidance.
Fine-tuning costs may not be enough to keep the business solvent. Use brainstorming to generate new ideas which will make a real difference.
Changes to the SA tax regime mean fewer opportunities to minimise your tax liabilities.
Only those who constantly strive to improve the efficiency of their farms will survive.
The savings from cutbacks are easily calculated, but be very careful about taking decisions which save money now and cost much more in years to come.
Believe it or not, farmers frequently find it more difficult to manage a good year than a bad one.
From an estate planning perspective, a donation has several benefits, and is likely to save you money.
It’s tough times once again for farmers, but with the right attitude, good relationships and some well-planned initiatives, the show will go on.
How Botswana’s International Financial Services Centre company regime can help you save on tax.
When it comes to high food inflation we need to look at the retail sector’s dominance of the supply chain if we’re to set matters right.
We’ve had to deal with shock cost increases before. All we need are cool heads, calm analysis and decision-making.
The only way we can improve productivity is by working smarter, not harder – and it starts with how your treat your labour force.
Can the dream of living without the hassle of recording every transaction and paying tax on everything earned be achieved in South Africa by a person who enjoys a reasonable...
Farming is a risky business, but the rewards for those prepared to take the plunge are great.
