Retirement for small business owners is not simply a case of handing in your resignation letter and having a big party at which the company presents you with a gold watch. It often involves the not inconsiderable task of selling your business particularly if there is no ‘heir apparent’ to take over the reins. And …
Capital Gains Tax considerations for retiring small business owners Read More »
In a significant advancement in the ongoing battle against financial crime, South Africa has recently introduced robust regulations concerning Ultimate Beneficial Ownership (UBO). The Financial Intelligence Centre (FIC) has issued new guidance, lowering the threshold for identifying controlling ownership from 25% to 5%. This pivotal change, outlined in Public Compliance Communication 59 (PCC59), marks a …
The emergence of digital ghosts on social media Social media platforms have become integral to our daily lives, but what happens to these digital profiles when a user passes away? Research by Carl J. Öhman, a doctoral candidate at the Oxford Internet Institute, sheds light on this evolving issue. Öhman’s study, titled “Are the Dead …
Estate Planning: Preparing for the Digital Afterlife Read More »
Securing a loan is a common approach for financing various personal and business needs in South Africa, from purchasing property to covering unexpected expenses. However, the decision to borrow money requires careful thought and planning. Here are essential factors to consider before you commit to a loan. Assess your financial situation: Evaluate your needs and …
Key Considerations Before Borrowing Money in South Africa Read More »
In today’s digital era, data has become an essential resource for businesses to grow and thrive in a competitive market. But not all companies are taking advantage of this opportunity. In fact, many organisations are still struggling to understand how they can benefit from their data assets and use them effectively to improve their performance. …
How a Data-Driven Culture Can Transform Your Business Read More »
RVN values responsible corporate citizenship, and we are committed to addressing the diverse needs of the communities we serve. Our professionals are dedicated to finding innovative solutions to complex problems and are constantly exploring new ways to create positive change. We recognise that corporate citizenship has many facets, including the economic, legal, ethical, and philanthropic …
Our commitment to problem-solving and social responsibility Read More »
In a world where adaptability is the key to survival and prosperity, organisations across various industries are striving to stay ahead of the curve. Economic and societal volatility, coupled with evolving market dynamics, have spurred businesses to find innovative ways to meet their objectives while navigating an ever-changing landscape. An essential strategy in this quest …
This note sets out the basic characteristics and requirements for the solar panel incentive announced by the Minister of Finance on 22 February 2023. This is meant to help individuals in their immediate decision-making, rather than postponing any solar installation until the legislative process can be finalised. What is the objective of the incentive? Government …
Solar panel tax incentive for individuals: Frequently asked questions Read More »
The Institute of Directors in South Africa (IoDSA) lays out five key trends for boards and directors to focus on in 2023. Boards need to begin planning their agendas for 2023 to ensure that they are on top of these trends—and that their members have the requisite skills to fulfil their duties. Short-sightedness is one …
Governance trends for 2023 – Is your board ready? Read More »
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 have much to say …
