Internal Audit: Why it’s important

Internal Audit: Why it’s important This information sheet Internal Audit Importance provides guidance to assist organisations to determine whether to have an internal audit function, and to ensure the quality of internal audit services. Internal Audit has become an important element in the assurance environment of many organisations and a valuable tool and contributor to managing […]

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2017/2018 BUDGET PROPOSALS – TAX OVERVIEW

LEGAL BRIEF FEBRUARY 2017 INTRODUCTION While the increase in the maximum marginal rate for individuals to 45% was widely forecast, with trusts being taxable at the same flat rate, the increase in the rate of dividends tax from 15% to 20% (and concomitantly, the same increase in the effective tax rate of foreign dividends) came like […]

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How to keep your business solvent

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Important facts about Trusts in South Africa

Trusts in South Africa – Important Information A trust is an arrangement that allows someone to hold assets (without owning them) for the benefit of the trust beneficiaries. The key element of the trust arrangement is the transfer of ownership and control of the trust assets from the donor or founder to one or more […]

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