The formalities for the valid execution of a Will are set out in the Wills Act. Section 2 of the Wills Act, Act 7 of 1953, reads: “No will executed … shall be valid unless the will is signed at the end thereof by the testator… and such signature is made by the testator…
After a very cold and wet winter we welcome Spring with a warm heart. With everything turning back to the “new normal”, we are excited about the blossom season and all the challenges that comes with it.
Growing a business takes several important characteristics that require a dedicated leader driving it at the helm. These characteristics include vision, change and people. An effective leader will also engage others in the business to embrace and adapt to change as growth continues.
Over the past several years, many employers and employees have made use of the beneficial tax treatment of bursary and scholarship schemes, as provided for in the Income Tax Act. The Act contains provisions that provide an exemption in respect of bona fide bursaries...
A usufruct is a limited real right in property. The usufruct construct takes the form of a common-law personal servitude, which, as a limited real right, grants the holder (the usufructuary) the right to use someone else’s property, including the fruits.
As a manager of an organisation, there is a great responsibility for decision making. The question lies in how a manager can utilise accounting information to make better decisions. Managerial accounting is a common practice within an organisation where accounting information is identified...
The distinction between amounts received of a capital nature as opposed to a revenue (or income) nature is essential for income tax purposes. Non-capital amounts received, such as from the disposal of trading stock, are subject to tax at a higher effective rate compared to capital profits.
Dit is in vreemde tye waarin ons die tweede kwartaal van 2020 afsluit. COVID-19 is een van die grootste uitdagings wat ieder en elk van ons al ooit ervaar het. In hierdie tye waarin die wêreld hom tans bevind probeer ons almal ons bes om positief te bly en mekaar te ondersteun
We, at HVM, trust that you our valued clients are still safe and positive in this current lockdown period which have been extended to 30th April 2020. This effectively mean as it stands now that our offices will physically open on Monday, 4 May 2020.
Running a business has many challenges, from building clientele to employee relations. However, one of the biggest challenges a business may face is keeping abreast of important accounting practices. This is vitally important because without the proper practices in place...
