debt

March 15, 2024

Key Considerations Before Borrowing Money in South Africa

Securing a loan is a common approach for financing various personal and business needs in South Africa, from purchasing property to covering unexpected expenses. However, the […]
August 24, 2023

Don’t suffer the tax consequences of waived debt

Don’t suffer the tax consequences of waived debt Many natural persons or trust shareholders in companies are confronted with the unintended tax consequences of owing an […]
August 6, 2020

Clearing loan accounts through dividends

In terms of the Tax Administration Act, the South African Revenue Service (“SARS”) can issue, in response to an application, Binding Private Rulings (“BPR”) and clarifies how the Commissioner would […]
August 6, 2020

Understanding the debt review process

In these difficult economic circumstances, you may find yourself in a position where you are unable to pay your debt. The National Credit Act makes provision […]
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