The long awaited national minimum wage (NMW) has been signed into law. The effective date is 1 January 2019. What exactly does this mean for employers and employees? The new minimum wage of R20 per hour applies across all sectors, with a few exceptions. The exceptions include domestic workers, farm/forestry workers and workers employed in …
NATIONAL MINIMUM WAGE EFFECTIVE – 1 JANUARY 2019 Read More »
Payroll is one of those things that has to be done but doesn’t directly help you grow your business. On top of that you never know who is looking at things they are not supposed to or using information for self-leverage. So why not make things easier for yourself and ensure better confidentiality through outsourcing …
REDUCE YOUR PAPERWORK ON PAYROLL – OUTSOURCE TO US Read More »
It is virtually impossible for any business to function without connecting to the world wide web. Add to this, the reality that most adults and children walk around with a constantly-connected, super computer in their pockets and you’ve got a veritable hotbed of opportunities for cyber criminals. The commercialisation of cyber crime, has dramatically increased …
Since the “new” 2008 Companies Act came into effect in 2011, directors and other company officers have had to shoulder a raft of additional responsibilities and risks, amongst them a significantly increased risk of personal liability. Consider for example the little-known section 218(2) which waits in ambush for the unwary in the “Miscellaneous Matters” section …
DIRECTORS AND PERSONAL LIABILITY: THE LITTLE-KNOWN SECTION WAITING IN AMBUSH Read More »
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The companies Act 71 of 2008 replaced the incorporated companies with personal liability companies and section 1 of the Companies Act defined a private company as a profit company that is not a public, personal liability or state owned company. The exclusion of the personal liability company in the definition of a private company resulted …
Another aspect to consider is who has been nominated as the executor of your will, the guardian of your children or the trustees of a trust to be established on your death for the benefit of for example your spouse and children. Usually testators/testatrix tend to nominate friends or family for these positions, not knowing …
A will should not be something that is concluded only once in your lifetime. Particularly where there are changes in one’s status or position in life e.g. marriage, divorce, children, inheritances, etc. It is always highly advisable to revisit your will and update it to your particular circumstances with the help of an estate planning …
1. The will must be in writing, whether handwritten or typed or a computer printed document. 2. The testator/testatrix must have signed the will at the end thereof. 3. The signatures of the testator/testatrix must be made in the presence of two or more competent witnesses. Witnesses are considered competent if they are 14 years …
If you passed without a Will, your family could struggle to settle your estate. Would they have the financial support they need? By drafting a will you ensure that your assets are disposed of according to your wishes after death. Contact us to draft your basic Will during this week – 041 3956600 or info@bvdm.co.za
Appointing Bradley & Van der Merwe is the simplest and most cost-effective way of managing growth.
Tel: 041 395 6600
Fax: 041 365 6008
E-mail: info@bvdm.co.za
Physical Address:
30 Pickering Street,
Newton Park,
Port Elizabeth
