By Remay de Kock, Legal Adviser at BDO Wealth Advisers. During the past few years I have spent many hours convincing clients on the importance of a Will. Although my clients are my main concern, I spent many an hour inside my organisation to ensure that my colleagues also realise the importance thereof. But, I […]
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Prevention and rehabilitation are key to value-based elderly care
A new BDO report, ‘New Perspectives on Elderly Care’ brings to light a substantially greater ‘unhealthy life years’ figure than commonly accepted. Among the 10 countries included in BDO’s new report, the years an elderly person could spend in poor health can be as high as 12 (in the case of Germany). The finding goes […]
BDO South Africa to be joined by Grant Thornton Johannesburg
BDO South Africa is pleased to announce that it is in advanced negotiations for Grant Thornton Johannesburg to join the firm. This follows the successful integration into BDO, in February this year, of the Grant Thornton offices in Cape Town and Port Elizabeth. BDO South Africa CEO, Mark Stewart, says the development is a key […]
SARS’ clarity on understatement penalties and consequences for taxpayers
By Brigitte Zegwaard, Senior tax consultant, BDO. On 28 March 2018, SARS released a guide on understatement penalties (the SARS Guide). The SARS Guide is welcomed and provides practical guidance on how SARS determines the amount of the penalty to be imposed and the various factors it must consider when doing so. This is of […]
Making a Sectional Title purchase: what you should be aware of
Buying a family home is an age-old way of generating wealth creation, however the foundation to wealth creation comes from making rational money decisions and buying such a home can easily be influenced by emotional bias. (more…)
Tax transgressions and pitfalls
SARS is committed to stamping out tax crime in South Africa, according to Ilsa Groenewald, Associate Director for tax at the Durban office of BDO South Africa, the audit, advisory and tax firm. Here, she reviews tax morality, common transgressions, and pitfalls. (more…)
The challenges of retirement planning for couples with a large age difference
Dual income couples with an age gap face even greater challenges. This is according to Lisa Griffiths, a wealth adviser at BDO Cape Town, who cautions that couples with an age gap have special needs to consider when planning for their retirement. (more…)
South Africa’s Budget 2017/18 in Perspective
By Ferdie Schneider, National Head of Tax at BDO SA. The Minister of Finance earlier today delivered his Budget Speech for 2017/18 amidst depressed GDP prospects, and negative balance of payment figures. GDP is estimated to be 0.5% in 2016, increasing to 1.3%, 2%, and 2.2% in 2017, 2018, and 2019, respectively. (more…)
