Business rescue has become a popular alternative to liquidation of a company. The Business Rescue procedure was introduced through section 6 of The Companies Act 71 of 2008 (“Companies Act”). One of the principal differences between the two is that, while under the supervision of the business rescue practitioner, the company continues to trade.  …

Tax 101 for Large Corporates For Large Corporates, paying tax is a complicated process that has to be taken every financial year. The tax specialists at Lugisani Mantsha Attorneys, with information from SARS have drafted an condensed article for those who wish to understand in layman’s terms how the tax system works for large companies….

  Value-Added Tax: Common Questions and Answers    With the 1% increase in Value-Added Tax (VAT), many South Africans have asked themselves how it will affect them. The tax attorneys at Lugisani Mantsha Attorneys have compiled the best article on VAT for both individuals and businesses, and the repercussions it will have on how you…

FAQ about tax – for Individuals Tax law is a difficult subject to understand. Everyone works hard and tries to pay their taxes every month in order not to have SARS knocking at their doors. But knowing what tax to pay and when you should pay it can complicate your life. Here at Lugisani Mantsha…

Frequently Asked Questions (FAQ) About Corporate Income Tax      Large or small businesses have a vital role to play as taxpayers but also as employers.  To find out more about your tax obligations as a business and as an employer, our tax specialists at LM Attorneys have answered your questions about corporate tax, with some…

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