Youth Employment Tax Incentive Extended for Ten Years
25 July 2019
There is chronic unemployment in the country and it is especially felt by the youth where up to 50% cannot find a job. The Employment Tax Incentive (ETI) is designed to encourage companies to employ “youths” (between the ages of 18 to 29) for 1 to 2 years. Incentives for...
How Many Days Did You Work For The Taxman In 2019?
04 July 2019
“Tax Freedom Day is calculated by dividing general government revenue by GDP at market prices, then multiplying the result by the number of days in a year, and finally adding a day” (Free Market Foundation) In the current year it will take the average South African 137 days to pay...
Expat Tax: How Will The Changes Affect You?
07 May 2019
“A fine is a tax for doing wrong. A tax is a fine for doing well.” (Ecard humour) (Note: If you aren’t yourself an expatriate, please think of passing this on to someone who is – forward planning is important here!) Legislation has been passed that will remove the current...
AI and the changing face of jobs – good news if we react now
18 March 2019
“Artificial Intelligence is a tool, not a threat” (Rodney Brooks, Roboticist) There has been fear that the rise of Artificial Intelligence (AI) and robots will considerably reduce the work force. New research concludes that there will be winners and losers as AI becomes entrenched in economies, but there will be...