Newtons

Category: Newtons

  • FINANCE 101: WHO PAYS TAX? WHERE DO WE STAND GLOBALLY? IS THERE AN INCREASE ON THE CARDS?

    SARS recently released their annual tax statistics for 2012 which make for some interesting reading. 33% of taxes come from individuals. This is made up of 6 million taxpayers of whom 1.5 million are below the threshold of submitting tax returns. This is up from 1.7 million taxpayers in 1994. The average rate of tax…

  • DIRECTORS AND SHAREHOLDERS: CAN YOU MEET VIA SKYPE OR EMAIL?

    The Companies Act of 2008 (“the Act”) requires that directors live in an era of transparency and accountability, and they can face severe consequences if they cannot show they have applied their minds when situations go awry. Thus, it is important they have a record of how they reached the decisions they made. At the…

  • VAT INPUTS ON PROFESSIONAL MEMBERSHIP DUES – SARS CLAMPS DOWN.

    Do you pay for your staff’s professional memberships? Can you claim the VAT inputs? Until now, many professional firms have, when paying their staff’s annual membership dues to the relevant professional body, been claiming the input VAT on this expense. SARS have given notice that this practice will not be allowed as a VAT deduction…

  • B-BBEE: TWO THINGS WORTH KNOWING

    B-BBEE (Broad Based Black Economic Empowerment) has been with us for quite some time. The process of including the previously disadvantaged into the economy has not been without controversy but the reality is that it will not be going away any time soon. Exempted Micro Enterprises: B-BBEE Certificates can be issued for you by your…

  • YEAR END MESSAGE FROM CEDRIC

    It is this time of the year again when we reflect on the past twelve months and draw up personal balance sheets and income statements of goals achieved, promises kept and achievements accomplished. Although the year has by no means been easy, I reflect on happy memories as new “Newtons”, the wonderful staff that we…

  • NEWTONS YEAR END AWARDS

    Janeske du Toit was awarded the 1/4 Apple Award (4th Quarter) by our Managing Partner Mr Cedric Peterson for dedication, excellence and commitment to Newtons. Léhan van Rooyen was awarded the 1/4 Apple Award (3rd Quarter) by our Managing Partner Mr Cedric Peterson for dedication, excellence and commitment to Newtons. At our annual closing function,…

  • MEMORANDUM OF INCORPORATION (MOI): THE 30 APRIL DEADLINE IS APPROACHING!

    One of the transitional arrangements of the 2008 Companies Act (the Act) was that businesses had two years to migrate from their constitutional documents (‘Memorandum and Articles of Association’ for a company) to the new MOI. If you haven’t yet completed this exercise, there are good reasons why you should now consider your MOI without…

  • SOCIAL NEWS

        Left photo – L2R: Lucha Greyling, Thelma Crossman, Ryk Neethling, Ursh Hoekstra and Juanita Botha Right photo – L2R: Lucha Greyling, Thelma Crossman, Ursh Hoekstra and Juanita Botha Round Table Ladies Golf Day with Ryk Neethling: The venue was Bloemfontein Golf Club and this is a golfing highlight of all ladies on their golfing…

  • STAFF NEWS

    Sollie and Suzaan Pretorius  Form all of us at Newtons we would like to congratulate Sollie and Suzaan Pretorius on their special wedding day, 3 November 2012,  may you be blessed with happiness and many years together! Juliana Mia Oehley (Jewels)  As well as Inge and Wesley Oehley on their first little girl Juliana Mia Oehley (Jewels) born 17…

  • ADMINISTRATION 101: THREE THINGS TO THINK ABOUT

    101.1 Unemployment Insurance Fund (UIF) Increase – Update Your Systems The Minister of Labour announced, via Government Gazette on 26 September, that the UIF threshold had been raised from 1 October 2012. The ceiling amount goes from R149,736 per annum (or R12,478 per month) to R178,464 per annum (or R14,872 per month). The maximum monthly…

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IC Marais

Professional experience:

IC Marais is a certified CA (SA) with public sector and private sector technical knowledge based on 5 years’ Public Sector accounting, auditing and financial management experience and 5 years audit, tax and accounting experience. Detailed knowledge of private and public sector accounting and auditing standards (GRAP, IPSAS, IFRS, IAS, ISA) and public sector financial legislation (MFMA, etc.)

He enjoys the outdoors, hunting and fishing.

ic@newtons-sa.co.za

SCHALK GOUWS

Professional experience:

In 1995, Schalk started as a trainee at Warner and Newton (which became Moores Rowland in 1997 and then Mazars Moores Rowland in 2007) in Bloemfontein. In 1998, Schalk was appointed as manager at Moores Rowland, where he became a partner in 2003. Schalk received his Postgraduate Certificate in Advanced Taxation in 2006 and in 2009 he received his Certificate in the Administration of Estates.

schalk@newtons-sa.co.za

CEDRIC PETERSON

Professional experience:

Cedric started as a trainee at Warner and Newton (which became Moores Rowland in 1997 and Mazars Moores Rowland in 2007), Bloemfontein, in 1986. After completion of his articles, he joined the Special Investigations Division of the Department of Finance (SA Revenue Services) as a senior inspector from 1990 to 1991.

cedric@newtons-sa.co.za

LUCHA GREYLING

Professional experience:

Lucha started her career as a tax inspector at the Inland Revenue Department of New Zealand. After this she worked in commerce in Canada, Mexico and the United States.

On her return to South Africa, she completed her CA training contract with us and has been with Newtons ever since. She became a Partner in 2012.

Apart from her CA(SA) qualification she also holds a postgraduate certificate in Advanced Taxation (2005) and has the overall responsibility for training as our Training Officer.

lucha@newtons-sa.co.za