Small Business Owners: Working Remotely & Employee Vaccine Rights
Small and medium-sized enterprises (SMEs) have had to deal with a litany of issues since the pandemic began. Many were forced to close shop for a period of time, had to put their staff on short time or retrench and even needed to restructure their entire […]
Covid Puts a New Spin on POPIA Implementation
Our personal devices, such as mobile phones, laptops and tablets are increasingly used to access movies, download apps, store music or stream content from platforms like Netflix or Showmax. And they are often shared among family members, such as children who regularly use their parents’ devices to enjoy online content. But, with POPIA […]
Insolvency & Restructure in the Post-Pandemic World: The Role of Liquidation & Business Rescue
Introduction The COVID-19 global pandemic and the various national lockdowns that have been imposed in South Africa as a result will undoubtedly cast a long shadow over this country’s economy. Predictions of economic hardship as a result of recession, reduced productivity and increased unemployment can still be found in almost every major news publication. In […]
COVID-19 and Tax Residence
The pandemic has affected us all in numerous ways. Even National Treasury and SARS have made some concessions, particularly regarding provisional tax estimates. One area they haven’t addressed is the physical presence test in the definition of “resident” in the Income Tax Act. A natural person may qualify as a tax resident in two ways: […]
No Ducking and Diving – Stick to the Rules of Insolvency
The COVID crisis has had an overwhelming impact on local business with corporate South Africa struggling to keep its head above water and the wolves at bay. With no clear indication as to how the lockdown process will further impact businesses in the coming months, an understanding of the law of insolvency can provide much […]
Updating ‘Business Continuity Plans’ for Financial Services
Navigating the multitude of regulations and Ministerial pronouncements in South Africa due to the emergency situation of Covid-19 has proven challenging as t…
Retrenchments and Selection Criteria: Some Considerations
The impact of the Covid-19 pandemic on our economy has been and seems likely to continue to be extremely severe, and many businesses face an uncertain future…
Directors’ Personal Liability During the COVID-19 Pandemic
The Companies Act: Section 22(1) of the Companies Act 71 of 2008 (“the Act”) read together with sections 218(2) and 77, set the stage for directors of a comp…
Rental Relief During Lockdown and Approaching Landlords With Care
While we all struggle to cope with the impact of lockdown on both our businesses and personal lives, one major talking point is rental relief while we are al…
Update and Clarity on the Difference Between the National Disaster Benefit Fund and TERS
We continue to receive numerous queries relating to the National Disaster Benefit Fund (“NDBF”) and Temporary Employer/Employee Relief Scheme (“TERS”) Govern…