Provisional TAX What is provisional tax? Provisional tax is not a separate tax. It is an estimate of tax for the first …
Provisional TAX What is provisional tax? Provisional tax is not a separate tax. It is an estimate of tax for the first …
Important information relating to recent legislative changes relating to trusts There have been significant changes made to legislation that affect trusts of …
The facts on Provisional Tax Understanding the ins and outs of taxes can seem daunting as an everyday taxpayer. It should not …
Tax compliance lives beyond death A deceased estate takes on a (tax) life of its own while being wound up I started my first job back in September 1987 at the tender age of 18, and approximately nine months later I received my very first income tax return from the Receiver of Revenue (as SARS […]
The question of oil Where will it go by 2030? As ordinary working people on the street, we will never know precisely what is happening behind closed doors at the White House, the Kremlin, or even Luthuli House—but there are always agendas at play that we may not be aware of. Many conspiracy theorists would […]
With improved healthcare and the trend towards healthier lifestyles, many people are living to a ripe old age. Make sure that your money lasts as long as you do. Are you retiring in the near future and concerned that you may not have enough capital to retire? We often read that the majority of South […]
Top-rate taxpayers need to watch out for Section 20A Section 20 of the Income Tax Act 58 of 1962 deals with the set-off of losses from a trade against other income. In general, such set-off is allowed (see sub-paragraph (1)(b)), provided that the loss is incurred in the taxpayer’s own name (i.e. not in a […]
The estate duty savings are compounded over several generations Article on trusts are often aimed at settlors or donors to highlight the benefit of trusts and the role they play in estate planning at the ‘first-generation’ level. In this article, the author aims to illustrate to second-generation beneficiaries the effect of the decisions their parents […]
How you can protect your assets from predators—including SARS Trusts have received a lot of bad press over the past few years, what with SARS taking a dim view of the use of trusts as a means of avoiding tax. A 2008 case involving a property trust, where the beneficiaries were changed in the hope […]
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.
Professional experience:
Professional experience:
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.