companies Archives | 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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COIDA Return of Earnings deadline extended

Uncategorised / By Hanlie van Riet / 30 June 2025 / COIDA, companies, compensation, compliance, directors, employees, Finance, SARS, shareholders, Tax, Tax Season

The filing season for 1 March 2024 to 28 February 2025 is now open, and the COIDA submission deadline has been extended to 31 July 2025. Submissions made after this date will incur a 10% penalty for late submissions. So, with the COIDA deadline fast approaching, employers need to submit their Return of Earnings (ROE)

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An overview of the 2025/26 Budget: Navigating Fiscal Challenges Amidst Political Dynamics

Leave a Comment / Uncategorised / By Michael Rushby / 13 March 2025 / budget speech 2025, carbon tax, companies, company tax, foreign exchange, individual tax, pensions, Tax, tax advice, VAT

South Africa’s 2025/26 budget, presented by Finance Minister Enoch Godongwana on March 12, 2025, comes at a pivotal time for the nation. The budget’s unveiling was notably delayed due to internal disagreements within the coalition government, particularly concerning a proposed increase in the Value-Added Tax (VAT). It was a bit like watching a movie and

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