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News Articles
Investment lessons from the Comrades King
Think back to Fordyce’s glory days in the eighties and imagine that Fordyce’s goal was to
average 3 minutes and 30 seconds per kilometer, in an attempt to
break the course record.
Fordyce was a master at running his own race
and we rarely saw him take the lead until late in the race.
Fordyce’s trump card was not his endurance, his lung capacity,
or his ability to run effortlessly up Polly Shorts, it was his
incredible self discipline and ability to stick to his plan.
read more »
What is effective delegation?
Effective delegation is defined in this free article by Derek
Stockley. The delegation of authority is a key team leader and
management skill. Good delegation techniques and systems can help
individuals and organisations to be more effective.
read more »
Successfully Working For Yourself
Demands the Right Mindset
One of the most common things that people complain about is
WORK. They hate their jobs, schedules, bosses, and everything else
that has to do with work.... even the tiny paycheck! So why don't
more people work for themselves? Well, many people simply do not
have the right mindset be their own boss successfully.
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Alternatives to an audit?
This free article about teamwork by Derek Stockley highlights
the role of teamwork in achieving improved organisation performance
and better morale.
read more>>
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CHANGES TO THE PROVISIONAL TAX PROCESS
The South African Revenue Service (SARS) is introducing
changes to the provisional tax process which will affect the way in
which provisional taxpayers file their IRP6 returns.
The following changes will become effective on 28 June 2010:
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STATEMENT ON EXCHANGE CONTROL
The attention of Authorised Dealers
is drawn to the further steps in the liberalisation of exchange
controls announced by the Minister of Finance in the 2009 Medium
Term Budget Policy Statement, a copy of which is attached for ease
of reference.
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SARS to apply strict penalties
In a media release dated 14 October 2009, the South African
Revenue Service (SARS) announced that they will introduce a system
of strict new administrative penalties against non-compliant
taxpayers from 23 November 2009.
In effect, taxpayers have until 20 November 2009 this year –
the final deadline of the 2009 Tax Season - to submit any
outstanding returns in order to avoid being penalised under the new
penalty regime.
read more »
GUIDE ON THE RETENTION OF RECORDS
Due to various legislative requirements, documents must be retained for a certain
number of years, depending on the applicable legislation.
This guide has been compiled referring to specific legislation in
effect at 30 June 2009 and identifying the timeframe that certain documents must be kept.
The guide does not attempt to be inclusive of all legislation, but
has only referred to general legislation impacting a wide variety of entities. Users of this
guide should always refer to legislation specific to their activities that might contain further
requirements relating to the retention of records.
The guide refers to the relevant act, listing the documents that
should be retained as well as
the period of retention.
read more »
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