SOME POINTERS FOR PLANNING YOUR ESTATE
The main aim of planning your estate is to ensure that as much of the accumulated wealth is utilised for your own benefit and for the maximum utilisation of dependents on your death, “Estate planning” has been defined as the process of creating and managing a programme that is designed to: Preserve, increase and protect […]
Capitalising your business – Loan or shares?
Capitalising your business is a start-up or business continuation move that can have long-term effects on your company’s success. Funding start-up expenses, inventory and operations is a challenge for many business owners. However, numerous options are available to entrepreneurs who are willing to consider both conventional and non-traditional ways to capitalise their businesses. (Mayhew, 2016). […]
WHAT TO DO WHEN DECLARING A DIVIDEND
The Companies Act and Income Tax Act regulate the declaration of dividends. We often find that clients are not aware of the requirements in terms of these Acts and the potential problems that can arise from the non-compliance thereof. The requirements when declaring a dividend are: A dividend can only be issued declared out […]