News from wessels + van zyl inc…
Check All Emailed Bank Details for BEC (“Business Email Compromise”) Frauds
“…sending bank details by email is inherently dangerous, and so must either be avoided in favour of, for example, a secure portal or it must be accompanied by other precautionary measures like...
Budget 2023: The Minister of Finance Wants to Hear from You!
“Finally, we pay tribute to the millions of South Africans, whose resilience and courage during these times of pandemic and economic hardship, is an inspiration to all of us who have the privilege...
New Year, New Business – How to Pick the Right Legal Entity for It
“Owning one's own business is an adventure – enjoy it every step of the way.” (From the SME Toolkit article referenced below) First, three questions to ask yourself… If you dream of going into...
When Your Buyer Can’t Get Finance, Might a Kustingsbrief Save the Sale?
“A kustingbrief … has long been recognised as a superior front-ranking form of security.” (Extract from judgment referred to in the article) You accept a great offer on your property, the sale...
Living Wills: 6 Myths Busted
Health issues and mortality are facts of life, no matter how remote they may seem at the moment, nor how distressing they are to contemplate. For your family’s sake as well as for your own, make...
“Double Jeopardy” for Tax Evasion – Penalties plus Prosecution
“Administrative penalties and criminal proceedings do not serve the same purpose. The [one] is aimed at strengthening internal controls of the administrative authority and to promote compliance...