Private equity in Southern Africa: Dealing in abundance

Private equity in Southern Africa experienced steady deal flow and exit activity in 2015 and, with a number of private equity houses having announced successful fundraising programmes, the industry is well positioned to back new deals in the coming years. This is according to the CEO of the Southern African Venture Capital and Private Equity […]

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Budget 2016: A New Direction Needed

Looking towards the 2016 National Budget to be read by Minister Gordhan on 24 February, it seems a repeat of the 2015 Medium Term Budget Policy Statement will not be sufficient. This is according to Arthur Kamp, Investment Economist at Sanlam investments. (more…)

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Retirement reforms: How do they affect you?

The new retirement reforms should be viewed positively rather than with suspicion. This is according to David Crossley, BDO Wealth Advisers Practice Manager. (more…)

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What we expect from Budget 2016

The first question I always encounter when discussing budget previews is: Will we pay more tax?  The answer is a definite ‘yes’.  PWC says there has been a rapid slow down in revenue collections since the Medium-Term Budget Policy Statement (MTBPS) was presented in October last year. (more…)

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Budget 2016: Little room for tax relief

PwC tax experts gave their predictions for the 2016 Budget Review at a press briefing held in Johannesburg today, with experts contending that there is little room for tax relief and a tighter tax deficit. (more…)

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If the Rand remains weak, returns in foreign currency could boost investment portfolios

The gloomy economic start to 2016 has not dispelled the forecast of a tough outlook for South Africa over the course of this year. (more…)

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Budget 2016 – voice your views

Global economic conditions have deteriorated somewhat since the publishing of the Medium Term Budget Policy Statement in October. Sentiment towards emerging markets has grown negative and developing countries are grappling with various challenges. (more…)

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8 focus points of the budget speech 2016/1

Ferdie Schneider, National Head of Tax at BDO, previews the Budget Speech. During his Medium Term Budget Speech on 21 October 2015, the then Minister of Finance, Mr Nene, prepared us for the fact that government’s revenue shortfall will again be of paramount importance come the 2016 Budget Speech. (more…)

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Advantages of Small Business Corporations

While the Davis Tax Committee is proposing drastic reforms to the current Small Business Corporation (SBC) tax regime it is still considered advantageous for any company or close corporation who meet the requirements as stipulated in Section 12E of the Income Tax Act to be taxed as a Small Business Corporation. (more…)

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2016 tax changes show need for closer HR and retirement fund administration alignment

The likely advent of new tax changes affecting the treatment of retirement funds from March this year, which will change the way that employer-sponsored retirement funds are taxed and will impact on fund members in different ways, highlights the need for human resources personnel and retirement fund administrators to work more closely together. This is […]

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