by VDT Attorneys | May 13, 2019 | BEE, Business, Commercial, Corporate, Employment, Labour, Skills, Skills development, Tax, Youth
A useful tax incentive for employing youth is ETI or Employee Tax Incentive. ETI allows you to benefit up to R12,000 per year for every qualifying youth you employ. ETI was introduced to help make it more affordable for businesses to appoint new staff and assist young...
by VDT Attorneys | Apr 11, 2019 | Commercial, Contract, Conveyancing, Property
It is true that a suspensive condition or condition precedent (same thing) can appear quite daunting and legalistic to understand. It is also true that it appears quite regularly in contracts and can have important consequences if not properly understood or managed by...
by VDT Attorneys | Apr 11, 2019 | BEE, Business, Commercial, Employment, Youth
On 28 August 2018 the Youth Employment Service Initiative (“YES Initiative”) was published within Code Series 000, Statement 000 of the Amended BEE Codes of Good Practice and became effective with immediate effect. The YES Initiative in short, is aimed at creating...
by VDT Attorneys | Mar 11, 2019 | Business, Commercial, Company, Lease, Property
Whether you can force the tenant to continue trading all depends on the terms of your lease agreement. In the case of Edcon Limited v Bay West City (Pty) Ltd, a landlord sought to force the lessee to continue trading after the latter gave notice that it would close...
by VDT Attorneys | Mar 8, 2019 | Child, Commercial, Estate Planning, Testation, Trust, Will
A testamentary trust or trust mortis causa is established in a will and comes into effect upon the death of the testator (founder) of the will. Such trusts are typically used to protect the interests of minors or dependants who are unable to take care of themselves....
by VDT Attorneys | Feb 19, 2019 | Business, Commercial, Company, Compliance, Corporate, Data Protection, Information and data protection, PAIA, POPI, POPIA
Amongst other things, the POPI Regulations shed further light on what the duties and responsibilities of an Information Officer are. POPI defines an Information Officer as follows: in relation to a public body: an Information Officer or Deputy Information...
