Blogs

Every business in the world sells something. They sell goods or services in order to address a need or desire of a consumer, and to achieve a profit in the process (at the very least only to ensure its sustainability). Before the introduction of many modern technologies (the internet specifically)...

HVM recently attended the annual GMN Africa meeting virtually. We are proud to announce that our director, Vermeulen Badenhorst, was once again elected on the GMN Africa Committee, holding the HVM name in very high esteem.

In line with the 2020 Budget Announcement, Government proposes to broaden the corporate income tax base by restricting the offset of the balance of assessed losses carried forward to 80% of taxable income.

A warm welcome to each and every one after a well-deserved break at the end of an interesting 2020! HVM would like to wish our staff and clients a happy, healthy and blessed 2021! The year started with a bang as we entered Tax-season and welcomed three new faces to the HVM family: Christiaan, Zinia and Franco.

It’s a strange new world that we’re living in, one in which the digitalisation of the traditional office is happening at a rapid rate. Many businesses are reaping the benefits of remote work in a society where going into the office no longer seems necessary (not to mention that it could present an array of health dangers).

Since the introduction of the Tax Administration Act in 2011, which aimed to consolidate most of the administrative matters in tax acts, taxpayers have become ever more aware of their rights in dealing with the South African Revenue Service (SARS).