News
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Deneys Reitz’s Banking and Finance Team, one of the largest and most dynamic groups of banking specialists in South Africa, has an undisputed reputation for its competence and integrity.
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Individually passengers may not wield much power, but collectively they are something much stronger – they are consumers.
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Every industry is facing the challenges of transformation, but the legal profession is grappling with legislation that will alter the structure of the profession and how it operates fundamentally. “Make no mistake, I have sympathy for those policy makers who have had to draft the Bill,” says Aslam Moosajee, a director at Deneys Reitz Attorneys.
… Read MoreLiquidations & Insolvencies | Constitutional Law | Administrative Law | Litigation & Dispute Resolution | Corporate & Commercial Litigation | Fraud Recovery & Interdicts
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The Taxman has staked his claim on the multimillion-rand business empire of wealthy Durban couple S’bu and Shauwn Mpisane by pouncing on their luxury vehicles, which are worth about R17 million. Derek Reed, a director of law firm Deneys Reitz in Durban, said that section 91 of the Income Tax Act allowed Sars a “short cut” to get a judgement against a defaulter.
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Stephen Kennedy-Good, a director at Deneys Reitz attorneys, says only time will tell if a new class of “turnaround specialists” will arise
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With the FIFA 2010 World Cup now just around the corner, it seems there is no one who has not brainstormed as to how to exploit any and every opportunity to make a little extra cash. By now even the most sceptical have realised the magnitude of this momentous event, and the opportunities and potential it presents for South Africa.
… Read MoreBanking & Finance | Litigation & Dispute Resolution | Corporate & Commercial Litigation | Insurance Litigation | Medical Law & Medical Malpractice | Personal Injury Litigation
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All packed and ready to go… to that important business meeting, that promising job interview, that well-deserved holiday, or to watch the World Cup of the “beautiful game”, Passport, cellphone, cash and ticket? Check.
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The South African Revenue Service (SARS) is becoming increasingly vigorous in its dealings with delinquent taxpayers.
… Read MoreBanking and Finance Tax | Litigation & Dispute Resolution | Tax Litigation | Tax | Corporate Tax | Direct Tax Advice | Indirect Tax Advice | International Tax Advice
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Much as with any country wishing to host the FIFA Soccer World Cup, the South African government had to provide a number of guarantees to FIFA. These included, in the main, guarantees providing a conductive and supportive financial environment, protection of intellectual property rights, safety and security, healthcare services, transport and telecommunications.
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While Revenue Authorities are viewed by taxpayers with a mixture of distrust and even fear, there are ways to substantially minimise the risk of falling foul of the South African Revenue Service. One of these ways is to ensure one’s tax submissions are accurate and timeous. This is the time of year to begin this arduous process.
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