Newtons

Category: Newtons

  • The Consumer Protection Act: Why has it gone quiet?

    The CPA was launched with much fanfare in March 2011. It heralded powerful new rights for consumers as the CPA is a globally recognised piece of legislation. What is happening on the ground? There is strong evidence that the larger retailers are aware of the CPA and act within its parameters. But more and more…

  • Be careful: Court cases throw new light on tax avoidance!

    “The difference between tax avoidance and tax evasion is the thickness of a prison wall” (Denis Healey) Tax avoidance differs from tax evasion in that evasion is against the law whilst avoidance is acceptable to SARS – as one of their Practice Notes states:”A taxpayer who has carried out a legitimate tax avoidance scheme, i.e.…

  • TRADING STOCK – A SUBSTANTIAL ASSET

    The importance of taking stock at year-end Tax requirement Section 22 of the Income Tax Act requires that a taxpayer values the trading stock held at the end of the year of assessment. This value has to be calculated at cost price and any reduction of this value is subject to the discretion of the…

  • BEWARE: SOFTWARE PIRACY COULD BE DEVASTATING FOR YOUR BUSINESS AND FOR DIRECTORS

    In 2010, 35% of software used in South Africa was “pirated” – either it is downloaded illegally or a counterfeit copy of the software is purchased. The commercial value of this is in excess of R4 billion. It also puts businesses at risk as they are more likely to be exposed to viruses, have no…

  • Who got married!

    Hentie and Pauli – 19 Januarie 2013 got married at Amanzi Game Reserve David and Elske – 19 Januarie 2013 got married at Swan Lake

  • First Year Cocktail Party

    We had a cocktail function for our new Article Clerks with our Partners and Managers. L-R Front: Louise Booysen, Charlainé Nienaber, Minette Scheepers, Jeanett Mosoeu L-R Back: Charmain Mofokeng, Refiloe Makhetha, Anchin de Beer, Leandi Rust, Jason Rothman, Sarena Goosen, Nadine van der Westhuizen, Elizna Prinsloo, Vaugh Healy

  • Newtons celebrates valentine’s day!

    Everyone at Newtons joined in on the atmosphere of love on valentine’s day!

  • Redsocks Friday

    Newtons Red Sock Friday Vibe Walk/Run/Jog: Newtons and “I wear Red Socks on Friday” have started a fun initiative that gets us all up and active for 1 day of the month. For January some walked, some jogged and the extremely fit ran Naval Hill. Quite a few of the participants had never been up…

  • PROVISIONAL TAXPAYERS – NEW RULES APPLY AND PENALTIES WILL BE AUTOMATICALLY IMPOSED!

    Provisional taxpayers will know that they need to submit their second provisional tax payment by February 28. New (and proposed – not yet enacted) laws have changed the rules governing provisional taxes, and have codified penalties for underestimating provisional tax. Estimating your provisional tax Remember that different rules apply according to whether your taxable income…

  • DONATING BLOOD IS A DEVINE EXPERIENCE

    NEWTONS AUDITORS will be donating blood on MONDAY 4 FEBRUARY 2013 at 12:00-14:00 in our BOARDROOM. Please join us! Donating blood fills you with joy every time. Who qualifies to be a blood donor? 1. Weigh a least 50 kg or more; 2. Are between the ages of 16 and 65; 3. Are in good…

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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