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.
It pays to develop an ‘attitude of gratitude’. So give thanks and celebrate your own Thanksgiving Day this year.
No one can disagree that a lack of proper estate planning could result in major reversals for a family business.
Farmers have little or no control over producer prices. They should therefore focus on production and marketing efficiencies.
High taxes can be self-defeating for a government seeking additional revenue.
When it comes to business, suppliers and customers don’t want ‘friendship’. They want good products at a fair price.
In many countries, farmers are supported in various ways by government. South Africa’s real competition lies not in these largely inefficient farming systems, but in other unsubsidised countries such as...
Libertarians have some interesting theories about taxation, and it all starts with the non-aggression principle.
If your employees are not providing the creative input you expect from them, look in the mirror. It’s likely that you are the person at fault.
Years ago, tax benefits were good reasons to purchase life insurance. Is this still true?
Higher income leads to increased demand for agricultural products. But in South Africa, demand growth is currently limited by the sharp increase in non-food prices due to lower supply.
A recent ruling opened the door for SARS to enforce amendments to the Income Tax Act retrospectively.
An expansion of this country’s industrial development zones might be an effective way of stimulating our struggling economy.
Stephen Covey selected seven essential ‘habits’ for great managers. Which of these are on your list?
Pessimists see no further than the next piece of bad news, and sow despair and unhappiness all around them. If you’re a pessimist, snap out of it!
The Tax Ombudsman’s investigation highlights the dubious tactics used by SARS to delay refunding taxpayers.
