Cecil Kilpin | February 2021 Newsletter
Tax Guide for 2021 / 2022 Click the PDF icon or the button below to view & download our latest Tax Guide. Any of the five partners can be contacted regarding your specific tax requirements. In addition we have tax consultants and tax compliance officers specifically equipped to deal with tax matters. [...]
Cecil Kilpin | January 2021 Newsletter
Apps and the benefits they bring The digital landscape is constantly evolving, and as more emerging technologies gain traction, more and more opportunities become available to businesses that need to be utilized otherwise they risk falling behind – especially now that we are living in a vastly different “New Normal”. It is [...]
Cecil Kilpin | December 2020 Newsletter
(extract from the World economic forum’s “The Great Reset”) The COVID-19 crisis has highlighted many ways to do business more responsibly once it recedes. The cost of continuing with business as usual after COVID-19, without shifting investment from polluting fossil fuels to clean renewable energy, will only lead to further crises, according to a [...]
Cecil Kilpin | October 2020 Newsletter
A Social Partnership To Boost Confidence, Restart The Economy And Conduct Urgent Reforms (Extract from the Medium Term Budget Policy Statement) The economic recovery plan was developed through extensive consultations between government, business, labour and civil society. It has two broad components. A range of immediate and short-term measures will be taken to rebuild confidence, [...]
Cecil Kilpin | September 2020 Newsletter
Economic Overview The economic effects of the coronavirus crisis have been extensive and a recovery to pre-pandemic levels will take several years. Current forecasts from the IMF show global gross domestic product (GDP) contracting by about 4.9% this year, although the general economic outlook has improved somewhat. Second quarter GDP outcomes for most economies have [...]
Cecil Kilpin | August 2020 Newsletter
CIPC Releases A Directors Quick Reference Guide CIPC has released a quick reference guide designed to highlight specifically, although not exclusively, critical issues of the Companies Act No. 71 of 2008 that a director should be aware of. The central message of this guide, which is divided into 10 basic markers, is that a director [...]
Cecil Kilpin | July 2020 Newsletter
Donations made to the Solidarity Fund The deduction available for donations increased. To alleviate the cashflow difficulties of employees where their employers contribute to the Solidarity Fund on their behalf, Government is proposing a special relief measure by temporarily increasing the current 5% tax limit in the calculation of monthly PAYE of the employee. An [...]
Cecil Kilpin | June 2020 Newsletter
The Protection of Personal Information Act 4 of 2013 (POPI) On the 17th of June, President Ramaphosa signed the final enabling legislation to finally give effect to POPI with effect from 1st July 2020. Although it comes into full force, businesses have until the end of June 2021 to comply with the ACT. The key [...]
Cecil Kilpin | June 2020: Supplementary Budget
Liduma lidlule!The storm shall pass! The purpose of the supplementary budget is obviously due to the historic nature of this pandemic and economic downturn. A second adjustments budget in October will be tabled together with the Medium‐Term Budget Policy Statement. The Budget Does Two Things:First, it brings an Adjustments Appropriation Bill and a Division of Revenue Amendment Bill to [...]
Cecil Kilpin | May 2020 Newsletter
DIRECTOR’S ROLE AMIDST THE COVID 19 PANDEMIC The director’s role has without a doubt become more onerous amidst the Covid-19 pandemic. However, the Companies Act makes provision for operating in a virtual world, which includes, inter alia: A signature or an initial on a document may be made by or on behalf of a person by the use [...]