Monthly Archives: May 2015

PARTICIPATION IN FRAUDULENT TRANSACTION CARRIES HIGH PRICE

The facts pertaining to a case recently heard by the North Gauteng Tax Court make excellent material for a mystery novel … Mr A, an accountant by profession, was approached by Mr B and Mr C to enter into a … Continue reading

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What is meant by real security?

Real security means that, on the basis of a creditor’s right against the debtor (principal debt), a creditor acquires a limited real right in the property of the debtor as security for the payment of the creditor’s right (principal debt) … Continue reading

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How important is it to read legal pleadings and/or notices?

Often people only become aware of judgements reflecting on their credit records when trying to apply for loans, cellphone contracts, etc. However, what many of them do not know, is that it is most likely due to their own negligence … Continue reading

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PROVISIONAL TAX: DID YOU KNOW?

Provisional tax payments is not a separate tax but pre-payments of income tax for a specific tax year. These pre-payments ensure that the tax load is spread over the tax year and can avoid a nasty surprise when SARS calculates … Continue reading

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Annulment of a marriage

Consent is an essential element of a valid marriage and the parties to a marriage must confirm before the marriage officer during a civil ceremony that they voluntarily consent to marry each other.[1] There are certain circumstances where it can … Continue reading

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Road cyclists vs. motorists

The popularity of road cycling as a competitive sport and a form of transportation is on the rise. This naturally leads to major safety concerns and serious accidents among both groups of road users. Both the National Road Traffic Act1  and … Continue reading

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COST MANAGEMENT: 7 TIPS FOR CUTTING BUSINESS EXPENSES

It is important for every business owner to make a maximum profit, both through sales and by maintaining strict financial discipline within the company. Implement sound practices from the start, and you will reap the benefits later. These seven tips … Continue reading

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How to avoid the Financial Effects of Dementia

Letting go of our finances may be unthinkable; yet without adequate planning, dementia may result in our money being taken away at a huge personal and family cost. Dementia is a general term used to describe a decline in mental … Continue reading

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Be acquainted with the law relating to labelling and advertising

What is in a label or advert? Labelling is the transmission of information via letters, figures and artistic characters. Advertising goes a step further as it engages in visual and/or oral creations to endorse or to promote the sale of … Continue reading

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Pay your levies, or else…

Dear Mr Lawyer I am the owner of a sectional title, and I have paid my levies every month as required, until the water started seeping through the ceiling of my enclosed balcony into my section when it rains. The … Continue reading

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