News from wessels + van zyl inc…
When is Resignation a Constructive Dismissal?
“…the prospect of continued employment must be shown to have been objectively intolerable and the employee must have resigned due to the intolerable situation and not for another reason.” (Extract...
Ponzi Schemes: Can Liquidators Claw Back 600% of Payouts?
“MTl’s business clearly amounted to an unlawful ponzi-scheme, i.e. a fraudulent investing scam promising high rates of return to investors and generating returns for earlier investors with...
Effective 1 March 2024: New National Minimum Wage
The National Minimum Wage (NMW) for each “ordinary hour worked” has been increased from 1 March 2024 by 8.5% from R25-42 to R27-58. Domestic Workers: Assuming a work month of 21 days x 8 hours per...
Budget 2024: Your Tax Tables and Tax Calculator
How much will you be paying in income tax, petrol and sin taxes? Use Fin 24’s four-step Budget Calculator here to find out. The unchanged transfer duty and tax tables, with a note on fiscal drag...
Why Buyers Should Ask for Building Plans (and Why Sellers Should Supply Them)
“No person shall without the prior approval in writing of the local authority in question, erect any building in respect of which plans and specifications are to be drawn and submitted in terms of...
A Valentine’s Day Thought for Life Partners: What is a “Universal Partnership”?
“Marriage is the chief cause of divorce” (Groucho Marx) This Valentine’s Day, think about the legal aspects of your romantic relationship. They’re a lot less exciting than the traditional...