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SARS and Business Rescue – Part 2

Nov 20, 2015 | Tax

Often, in Business Rescue matters audited financial statements are not available to support submitted returns to SARS and the internal accounting records are inadequate.   The timeframes for the compilation of the initial assessment of the business by the...

SARS and Business Rescue – Part 1

Oct 16, 2015 | Tax

Tax is central to any rescue or restructuring process. There are two main areas for consideration by the Business Rescue Practitioner (BRP): The taxing statutes (value added tax (VAT), pay as you earn (PAYE), income tax and capital gains tax); and The administration...