by Pierre Rousseau | Nov 13, 2020 | Uncategorized
“I’m a minority shareholder in a company that has been approached by a buyer willing to buy out all the shareholders. Because of Covid-19 the company has suffered financially and I know that the shareholders holding more than 75% of the company will want to accept the...
by Pierre Rousseau | Oct 20, 2020 | Uncategorized
There has been a lot of speculation whether business rescue is indeed the way forward for struggling companies and whether it is indeed a viable option which is provided for by the Companies Act No. of 71 of 2008 (“Companies Act”). This speculation surrounding...
by Pierre Rousseau | Oct 20, 2020 | Uncategorized
In South Africa, taxpayers are often on the lookout for ways to considerably reduce their tax liability and there are several tax incentive structures that, if utilised correctly, may afford such relief. Section 12J of the Income Tax Act No. 58 of 1962 (“Income Tax...
by Pierre Rousseau | Sep 15, 2020 | Uncategorized
“My business processes and stores quite a large amount of information relating to our clients. We are well aware of POPIA that has now come into effect and have been putting basic processes in place. However, I remain concerned that we are not doing...
by Pierre Rousseau | Sep 15, 2020 | Uncategorized
“I’m a restauranteur and have suffered massive losses during the Covid-19 lockdown. I was just wondering whether there are any insurance options I may have or could look into to make up for some of the losses in my business due to Covid-19?” To assess whether your...
by Pierre Rousseau | Aug 18, 2020 | Uncategorized
“My business has been struggling since the start of the Covid-19 pandemic and the national lockdown. I’ve been advised to consider business rescue but I am unsure about how I will get a business plan in place and what this will entail. Can you give some guidance...