Who pays and how much tax will be due on gifts given to family? Will there be a donations tax? How do I know if I am a tax resident of South Africa? Does inheritance have to be completed in IRP6? Provisional Tax Calculation
Mosocho was my first unknowing encounter with the concept of “Black tax”. The term originated in South Africa and is defined by Investopedia as the financial burden borne by Black people who have achieved a level of success and who provide support to less financially secure family members. ...
With the Federal Reserve chairman indicating early this month that interest rates are likely to head higher than central bank policymakers had expected, should Kenyan-based investors worry? Here’s a rather long-winded answer to the question. Persistent weak Rand (South Africa) a...
In most cases, where someone is performing a job as a once off or on a irregular occasion and that person is not registered as a company then the person paying the fee will withhold 25% and pay that over to SARS as PAYE. The person making payment does not know your ...
Employees who are subject to variable pay for performance don't passively accept the criteria. Business researchers: performance pay doesn't work Indeed, with say on pay being discussed for the past few years and implemented in 2011, pay for performance has become a core issue for investors and...
In trade, China belongs to BRICS, an intercontinental economic bloc which includes Brazil, Russia, India, China and South Africa. In Central Asia, China is a significant economic and infrastructure participant. The war in Ukraine has definitely upped China’s role as...
respectively. It is in the advanced stages of getting into the Nigerian market, Bourse Régionale des Valeurs Mobilières SA, (BRVM) — a regional stock exchange serving the West African countries —and will later add Morocco, South Africa and Egypt, allowing investors to diver...
“At times you see the final product looking good, but before that was possible there was usually a lot of work and struggle that went on behind the scenes. I would approach some of the clients who bought items such as furniture from us and request them to redesign or repaint their ...
This is largely attributed to the reduction in consumer spending as inflation, and economic uncertainties persist. The Corporation says in a report that 73.4 million units of smartphones were shipped into Africa, with South Korea’s Samsung and Chinese brands Tecno and Itel, accounting for 65 pe...
The tech startup plans to expand to South Africa early next year in partnership with Kenya South-Africa Chamber of Business (KESACB), an organisation that seeks to promote business opportunities between the two countries. "This will help us enhance how businesses are conducted between the...