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Home / Author: Mark Bechard / Page 10

Author: Mark Bechard

Videos

Video interview: New mutual insurer enters the market

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

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Issues around Budget 3.0 with tax specialist Louis Botha

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How the expanded section 12B allowance may benefit businesses

A taxpayer who generates renewable energy for the purpose of trade should qualify for the allowance.

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Brokerage debars KI for unauthorised transmission of confidential information

Applicant tells the tribunal she transferred the information to her private Gmail account to support her complaint to the CCMA.

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R600m dividend: Eskom’s insurance captive asks for fine to be reconsidered

The board’s rushed decision, based on unaudited interim figures, put the shareholder’s interests above those of the policyholders, tribunal says.

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Discovery must pay R25m to ex-stockbroker who suffered mental breakdown

The life insurer acted unreasonably when it did not consider reports on the man’s incapacity after his policy expired, judge says.

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Tribunal sets aside debarment of consultant who changed record of advice

The far-reaching implications of debarment were not justified in the circumstances, the FST finds.

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Trustees are in contravention of beneficial ownership regulations, says FISA

Trustees cannot be expected to have all the information within a few hours of the gazetting of the final regulations, it says.

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A deeper look at the solar panel tax incentive for individuals

There are a number of grey areas that the draft legislation will (hopefully) clarify.

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Agreement between Absa, clients not lawful in terms of the NCA, judge finds

At issue: was the acknowledgement of debt/power of attorney a supplementary agreement?

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Prosecutions and jail time ‘is the test SA must pass to get off the grey list’

Intellidex cautions against putting false confidence in exact numbers of the economic impact of grey-listing.

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Financial services firm caught in email fraud must reimburse client

Hacker gets away with R800 000 after duping PSG Wealth employees twice within 10 days.

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South Africans want ‘the rich’ to pay more tax, survey finds

In a country where only about 12% of the population is carrying the personal income tax burden, who exactly are ‘the rich’?

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New accountable institutions face hefty fines for failing to register with FIC

Centre urges new accountable institutions to register, even if they missed the deadline, to avoid non-compliance with Fica.

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Food manufacturers face challenges in qualifying for a diesel refund

And the definition of ‘manufacturing premises’ means businesses that make and sell food in the same building are excluded.

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NHI: MPs hear conflicting legal opinions on limiting the role of medical schemes

Parliamentary legal services and the State Law Adviser have different views on whether the NHI Bill will pass constitutional muster.

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Asisa responds to two-pots deadline of 1 March 2024

The legislation may not be finalised until October this year.

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Here are the Ts & Cs for claiming a tax rebate for installing home solar panels

The incentive applies only to the panels themselves and body corporates are not eligible.

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Santam clarifies the impact of grid failure exclusion on power surge cover

The intention of the grid failure exclusion is not to cancel power surge cover, the insurer says.

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