Ring-fencing trading losses
Top-rate taxpayers need to watch out for Section 20A SECTION 20 of the Income Tax Act 58 of 1962 deals with the set-off of losses from a trade against other income. In general, such set-off is allowed (see sub-paragraph (1)(b)), provided that the loss is incurred in the taxpayer’s own name (i.e. not in a […]
The requirements for a registered office of a company
One aspect that is often not considered in great detail during the formation and registration of a juristic person in South Africa is its registered office, also often referred to as its registered address. Parties often opt to use a convenient location as a company’s registered address and do not give it sufficient consideration when […]
How JZA supports clients in financial management and strategic planning
In today’s fast-changing business landscape with technology advancements, tough global competition, and unpredictable markets, smart financial management is a must for companies that not just want to survive but also grow and succeed long-term. JZA is a specialist in helping organisations with financial management and planning to ensure their sustainable growth. Objectives of strategic financial […]