August 2026 | Galbraith Rushby

A school reunion, a business sale and an unexpected tax lesson

Uncategorised / By Jeneen Galbraith / 28 August 2026 / across border tax, capital gains, CGT, companies, corporate tax, exemptions, rental properties, selling, tax advice

After years spent building a business, the last thing you want is to discover the tax consequences when the sale agreement is already on the table. Selling shares, selling the underlying assets or taking the proceeds as a distribution may lead to very different tax outcomes. And for qualifying small business owners, there are valuable CGT concessions that are easily overlooked.

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PAIA Compliance: The “Forgotten” Law Is Getting Teeth

Uncategorised / By Michael Rushby / 3 August 2026 / body corporates, companies, information regulator, non-profit organisations, PAIA compliance, partnerships, trusts

For years, many businesses treated PAIA as a once-off admin task. Prepare a manual. Put it in a folder. Maybe upload it to the website. Forget about it.

That approach is becoming risky.

The Information Regulator is placing renewed focus on PAIA compliance, and the message is clear: businesses must be able to show that they have more than a template document. They need a working process.

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Employment of Foreign Nationals: Increased compliance risk for South African employers

Uncategorised / By Michael Rushby / 3 August 2026 / compliance, corporates, employers, foreign nationals, human resources, labour law, labour migration, permits, small busiiness, tax advice

South African employers should take note of the renewed focus by Government on the employment of foreign nationals, particularly in circumstances where employees may not have valid documentation authorising them to work in South Africa. Although certain proposed penalties and quota rules are not yet final law, employers should not wait for the legislation to be enacted before reviewing their compliance position. Existing immigration legislation already places clear obligations on employers who employ foreign nationals.

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Prescription Rules: When does tax debt expire?

Uncategorised / By Hanlie van Riet / 3 August 2026 / prescribed debt, SARS, tax advice, tax debt, tax disputes, tax payers, taxes

Debt is one of the most unfortunate aspects of life that everyone ultimately deals with. Where normal consumer debt generally prescribes after three years, tax is somewhat different. For one, should you be sequestrated, the South African Revenue Service (“SARS”) is a preferential creditor and will be paid before many other debts are settled. But what is the legal timeline SARS has to pursue you for the recovery of outstanding tax debt?

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