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Human Resource Services Quarterly Newsletter - October 2008
In our last issue we highlighted the fact that many companies were looking or should have been looking far more closely at their Executive Compensation models and in particular at their short and long-term incentive plans. Some hard questions were being asked. Have some of the Executives been paid too much? ?
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Revenue Laws Amendment Bill
The two 2008 Revenue Laws Amendment Bills were introduced in their final form before Parliament on 21 October 2008, and the attached Tax Alert attempts to summarise the main apsects of the 130 pages of amendments.
Download the latest Tax Alert - (672kb Download)
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Non-Executive Directors Report - Spring 2008 - The world is becoming increasingly
angry. However, whilst we believe
reward was not the cause of the
credit crunch, it did add fuel to
the fire. Consequently, change is
now inevitable. Understandably,
most companies would not want
change forced on to them through
regulation. The regulators will
take a stance on this issue, so
companies will need to be ready.
In order to achieve this change
and have a system that works, it
is imperative that a collaborative
approach between regulators and
industry should be adopted.
Economies are truly in meltdown.
Read more...
Trade Winds report - May 2008 - India-South Africa business relations have witnessed tremendous growth since the resumption of trade and diplomatic ties between the two countries in 1993.
Read more...
Expat Alert February 2008A matter of days prior to the recently amended legislation coming into effect, the Minister announced further changes to the legislation that taxes residential accommodation provided to expatriate employees. On the surface the changes appear to be beneficial to expatriates and their employers, as the tax-free period has been extended to 24 months from 12 months. However, there are some complicating factors and the additional period is offset by a capping of the maximum tax-free benefit. -
Download the latest Expat Alert - (64 kb Download)
Shifting the balance – the evolution of indirect taxesShifting the balance offers an insight into the growth of indirect taxes around the world and focuses on a number of key themes such as the shift from direct to indirect taxes, barriers to business and the need for reform, litigation, and the use of technology in indirect tax compliance. -
Read more...
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