The most significant change in Finance Minister, Enoch Godongwana’s 2025 National Budget Speech is an increase in the #VAT rate to 15.5%.
Continue readingSouth Africa: National Budget Speech, 2025 – Highlights
South Africa: Another increase to the annual earnings threshold and what this means for employers
With effect from 1 April 2025, the South African earnings threshold will be increased from ZAR 254Â 371.67 to ZAR 261Â 748.45 per annum.Â
Continue readingSouth Africa: The Companies Amendment Act 16 of 2024 – A new era of remuneration transparency
The Companies Amendment Act 16 of 2024 introduces stringent new reporting obligations for public  and state-owned companies.
Continue readingSouth Africa: Draft regulations for the environmental management of offshore bunkering published for comment
The Ministry of Forestry, Fisheries and Environment has published draft regulations for the environmental management of offshore bunkering.
Continue readingSouth Africa: Unexpected judgment on the deductibility of raising fees
The Cape Town Tax Court recently delivered a judgment on whether or not ‘raising fees’ constitutes ‘interest or similar finance charges’.Â
Continue readingIFLR Africa Awards, 2021
National Law Firm of the Year: South Africa, 2021