by VDT Attorneys | Mar 27, 2017 | Firm News, Information
VDT annually facilitates the VDT/Beeld Children’s Fund Golf day to raise funds for the Beeld Children’s Fund. In 2016 alone, a net amount of R 208 770 was donated to the Beeld Children’s Fund. By working hard and staying committed to giving back, an amount totalling...
by VDT Attorneys | Mar 8, 2017 | Commercial, Social Media
Your concerns are not unfounded as social media (ab)use can negatively impact on employee productivity and inappropriate employee social media conduct can pose a business risk for an employer. Internet usage via an employer’s infrastructure can be regulated by the...
by VDT Attorneys | Mar 8, 2017 | BEE, Procurement
New Preferential Procurement Regulations were published on 20 January 2017 and will come into effect on 1 April 2017, replacing the current Preferential Procurement Regulations published in 2011 and holding a number of significant changes for tenderers. The 80/20...
by VDT Attorneys | Mar 8, 2017 | Data Protection, Information, Technology
A harsh reality of the world today is the growing international threat (and industry) of cybercrime. Cyber criminals have become highly sophisticated with mechanisms, platforms and scams that are targeted and very difficult for an ordinary user to spot. Our world...
by VDT Attorneys | Mar 8, 2017 | Commercial, Company, Estate Planning, Tax, Trust
You are correct. A new Section 7C has been introduced into the Income Tax Act 58 of 1962 as an anti-avoidance provision to discourage the use of trusts for estate planning purposes. Section 7C is effective from 1 March 2017 and will apply to any loans, advances or...