by Felmeg Accounting | Oct 17, 2019 | General
There are three types of trusts: 1-Ownership trust–A founder or settlor transfers ownership of assets or property to trustees which are to be held for the benefit of defined or determinable beneficiaries of the trust. 2-Bewind trust–A founder or settlor transfers...
by Felmeg Accounting | Sep 23, 2019 | General
Ensuring that multinational enterprises pay their fair share of tax is a growing concern worldwide. Tax Inspectors Without Borders (TIWB) – a joint initiative of the Organisation for Economic Co-operation and Development (OECD) and the United Nations Development...
by Felmeg Accounting | May 17, 2019 | General
We are always happy to see appointments by qualified and experience personel to the government – this can only promote confidence in the Country and ultimately benefit the South African economy and people. Cronje does have the requisite experience to do the job....
by Felmeg Accounting | May 10, 2019 | General
What is billing fraud? It can be described as an employee creating a fake invoice or inflating an existing one to submit and get paid. Most people think they will never be scammed, and then they are. Non-profits and religious organizations often get hit by billing...
by Felmeg Accounting | Feb 28, 2019 | General
Starting in 2018, there was a spike in South Africans looking for second passports, mostly in Europe. This is not unique to SA, as most developing countries experience high migration flows, particularly among the wealthy The most popular destinations are Malta,...
by Felmeg Accounting | Feb 26, 2019 | General
I am not going to go into detail regards GDP, Gross Public spending or Moodys credit rating that may be effected.. I am going to highlight the R69bn for Eskom restructuring, which is a Provisional figure that will probably increase depending on the size of the tariff...