Archive for Feb 2019

YOUR SELECTION OF BUDGET 2019 TAX CALCULATORS (AND A TAX GUIDE)

 “People who complain about taxes can be divided into two classes: men and women” (Anon) How long will you work for the taxman today? Input your salary into the 2019 Tax Clock calculator and find out how many hours you will spend today working for the taxman, and at what time precisely you will finally…

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TRUSTEES AT WAR: THE REMOVAL REMEDY AND ITS LIMITS

“Animosity and difference of opinion are not sufficient to have a trustee removed from office and/or for the majority of trustees to unilaterally force another to vacate his/her office…” (Extract from judgment below) When family infighting impacts a family trust, an early casualty is often the relationship between the appointed trustees and beneficiaries, and/or between…

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PROPERTY BUYERS: BEWARE UNLAWFUL OCCUPIERS!

“The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell” (Sir John Templeton, billionaire investor) You are it seems in good company if you view times of depressed property prices and general uncertainty as a great buying opportunity. Just be aware that…

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NEW LABOUR LAW IN 2019

2019 sees the introduction of a whole raft of new labour laws. There are significant amendments to the Labour Relations Act and the Basic Conditions of Employment Act; and the National Minimum Wage Act has come into effect. Regulations regarding picketing and ballots in strikes have been introduced, as well as a Code of Good…

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BUYING YOUR FIRST HOME WITH A GOVERNMENT SUBSIDY

Note: If you earn over R22k p.m. (the subsidy threshold) or aren’t personally in the market for a house in the “affordable housing” bracket, please think of forwarding this article to someone who might be – perhaps a relative, friend, colleague or employee. You could be helping them take that important first step onto the…

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PRIVATE SCHOOLS AND PARENTS BEHAVING BADLY – THE EXPULSION OPTION

“…it can hardly be in the best interests of all concerned for this family to remain at the School” (Extract from judgment below) With the new School Year now well under way, let’s have a look at a recent court decision of interest to all schools, parents and learners. Importantly, this case involves not a…

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