fbpix
Does a verbal option agreement hold water?

Does a verbal option agreement hold water?

“I’ve had my eye on a farm and approached the farmer about two years ago to sell. His asking price was more than I could afford at the time, but he was prepared to grant me an option for a period of five years to purchase the property on terms which we orally agreed...

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The impact of new tax amendments on cryptocurrencies

The impact of new tax amendments on cryptocurrencies

“I’m an investor in cryptocurrencies and have found these to be an exciting addition to my investment portfolio. However, I understand that there are new tax regulations that will affect cryptocurrency. What should I be aware of in this regard?” Cryptocurrency has...

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Spanking your child a confirmed no-no for parents.

Spanking your child a confirmed no-no for parents.

“I’ve recently read in the news that apparently spanking your child is no longer allowed for parents. I thought this had been settled a while ago. Why is this news again?” Over the years parents could rely on the common law defence of reasonable chastisement when...

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Facebook blackmail to pay your accounts. Okay or not?

Facebook blackmail to pay your accounts. Okay or not?

“My company recently bought products from a local store. They sent the invoice, but the invoice details and VAT number was incorrect and we asked them to correct it as our bookkeeper said we can’t pay until a correct invoice was received. In the meantime we now see...

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Do trusts still have a role to play in estate planning?

Do trusts still have a role to play in estate planning?

“My wife is pregnant with our first child and I am considering whether to set up a family trust for estate planning purposes. Lately however I have read negative commentary about using trusts, particularly anti-avoidance tax legislation aimed at trusts. I don’t want...

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