TRAVEL ALLOWANCE VS RIGHT OF USE OF MOTOR VEHICLE

TRAVEL ALLOWANCE VS RIGHT OF USE OF MOTOR VEHICLE

This article will outline the difference between a travel allowance and the right of use of a motor vehicle. There will also be a brief explanation of the travel expense deduction for income tax purposes. The first distinction to be made between a travel allowance and the right of use of a motor vehicle is that the one is an allowance and the other is a fringe benefit. An allowance is an amount of money granted by the employer, to…

Read More Read More

CORPORATE GOVERNANCE – DIVIDENDS

CORPORATE GOVERNANCE – DIVIDENDS

A dividend is the distribution of a reward from a portion of the company’s earnings and is paid to a class of its shareholders. Dividends are decided and managed by the company’s board of directors, though they must be approved by the shareholders through their voting rights. Dividends can be issued as cash payments, as shares, or other property, though cash dividends are the most common. While the major portion of the profits of a company is kept within the…

Read More Read More

WHO IS THE EMPLOYER? THE LABOUR BROKER OR THE CLIENT?

WHO IS THE EMPLOYER? THE LABOUR BROKER OR THE CLIENT?

I was employed by a Temporary Employment Service (“TES”) to work on a fixed-term basis for a company that manufactures stationery. After working for the same client continuously for six years, I was informed that my services will no longer be needed. I want to refer my matter to the Commission for Conciliation, Mediation and Arbitration, however, who will be the responsible party? As a vast majority of employees in South Africa obtain employment through TES or commonly known as…

Read More Read More

PROPOSED HARSHER PENALTIES FOR APPLICANTS WHO LIE ON THEIR CVS

PROPOSED HARSHER PENALTIES FOR APPLICANTS WHO LIE ON THEIR CVS

According to an IOL report dated 31 January 2019, the number of false qualifications is on the rise in the country, with 97 national qualifications that were found to be fraudulent and misrepresented during the period of October-November 2018. Therefore, as a response to this shocking statistic, the National Qualifications Amended Bill was introduced into the National Assembly and the changes discussed hereunder could be effected. The National Qualifications Framework Act No. 67 of 2008 (“The Act”) is proposed to…

Read More Read More

MY NEIGHBOURS ARE RENOVATING THEIR HOUSE WITHOUT COMPLYING WITH BUILDING REGULATIONS. WHAT ARE MY OPTIONS?

MY NEIGHBOURS ARE RENOVATING THEIR HOUSE WITHOUT COMPLYING WITH BUILDING REGULATIONS. WHAT ARE MY OPTIONS?

What one’s neighbour builds on their property, is not something the owner of the neighbouring property has a lot of control over. Unfortunately, it can have a negative impact on your property if the building work completed on your neighbour’s property does not comply with building regulations. Furthermore, it can be aesthetically displeasing, and be a sore eye to your property. Is there anything you can do in terms of the law to assist you in situations like these? Buildings…

Read More Read More

LAND EXPROPRIATION BILL: WHAT IT MEANS FOR YOUR LANDOWNERSHIP RIGHTS

LAND EXPROPRIATION BILL: WHAT IT MEANS FOR YOUR LANDOWNERSHIP RIGHTS

During 2018, the African National Congress (ANC) announced its intention to drastically speed up the land reform process in South Africa when President Cyril Ramaphosa announced that he would be proposing changes to section 25 of the Constitution of the Republic of South Africa (“the Constitution”) to allow for the expropriation of land without compensation. In essence, expropriation of land occurs when the state takes land away from its owner for public use. Where land is expropriated without compensation, the…

Read More Read More

YOU CAN ATTEND TO THE REGISTRATION OF YOUR HOME OWNER’S ASSOCIATION WITH THE COMMUNITY SCHEMES OMBUD SERVICE BY YOURSELF

YOU CAN ATTEND TO THE REGISTRATION OF YOUR HOME OWNER’S ASSOCIATION WITH THE COMMUNITY SCHEMES OMBUD SERVICE BY YOURSELF

The Community Scheme Ombud Service Act 9 of 2011 and its Regulations, (“the Act”),  came into operation on 7 October 2016. Said Act is applicable to all community schemes, which are defined in the Act as, ”any scheme or arrangement in terms of which there is shared use of a land and responsibility for parts of land and buildings, including but not limited to a sectional titles development scheme, a share block company, a home or property owner’s association, however…

Read More Read More

INVESTING IN A RENTAL PROPERTY

INVESTING IN A RENTAL PROPERTY

Buying a rental property could be an incredible investment opportunity, however, it’s important to make a well-informed decision before investing, as it is not for everyone. Although investing in a rental property provides many benefits, such as a potential extra income, and a way of paying off the property, it poses certain risks as well. The following should be considered when deciding whether or not to invest in a rental property: Calculate the upfront costs: When you purchase a property,…

Read More Read More

Choosing guardians for your minor children

Choosing guardians for your minor children

My husband and I have two minor children. I am concerned about who will look after our children in the event of my husband and I passing away at the same time. We have been advised to nominate guardians in our wills. What should I keep in mind when choosing guardians? Choosing guardians for your children is one of the hardest and most important decisions you will ever have to make. The thought of someone other than you raising your…

Read More Read More

THE CYBERCRIMES BILL: MALICIOUS MESSAGING OVER SOCIAL MEDIA COULD SEND YOU TO JAIL

THE CYBERCRIMES BILL: MALICIOUS MESSAGING OVER SOCIAL MEDIA COULD SEND YOU TO JAIL

South Africans will soon have to be much more careful and think twice about the messages they send over WhatsApp and other social media platforms, as the Cybercrimes Bill (“the Bill”), which was recently adopted into law and is in the process of being enacted, attempts to police malicious messaging. Cybercrime is on the rise and the Bill essentially aims to stop these acts, to keep people safe from criminals and terrorists, to improve the security of the country and…

Read More Read More