Monthly Archives: November 2014

Taxation of Income Protection Insurance Policies

Employees earning a salary are limited in terms of the tax deductions available to them. One of the few deductions still available is for premiums paid on income protection insurance policies. However, that’s all about to change! Up until now, … Continue reading

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The obligation to provide access to certain information about your business

The Promotion of Access to Information Act (the Act or PAIA), No 2 of 2000, was enacted in an effort to foster a culture of transparency and accountability in the public and private sector. It gives effect to the constitutional … Continue reading

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Public benefit organisations: Crossing the T’s and dotting the I’s

As noted in the previous month’s article, only public benefit organisations (PBO’S) approved by the Commissioner in terms of section 30 of the Income Tax Act (“the Act”) qualify for tax relief. It is therefore important that organisations are aware … Continue reading

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