Tax and Motor Vehicles

In either August or September 490 B.C., the Greeks had a difference of opinion with the Persians at a place called Marathon. Said difference of opinion led to an exchange of blows which eventually led to the defeat of the Persian army. A soldier by the name of...

Employer-Owned and other Life Policies

The first life table was written by Edmund Halley in 1693. This was pivotal for the development of modern life insurance. Interestingly enough the whole process was started by religion and gambling. In 1654 a French nobleman and amateur mathematician by the name of...

Value Added Tax (VAT) Increase

  Click here to download a copy of the 20018/2019 C2M In Your Interest Budget Summary         The value-added tax (VAT) increase from 14% to 15 % effective 1 April 2018 affects just about everything  and everyone. Except for 19 zero-rated food...

Travel Reimbursement | Amendments

If your employer reimburse you for business travel, kindly take note of the amendments made on 1 March 2018. The 12 000km limitation has been removed and the rate per kilometre was increased to R3.61. This entitles you to receive a tax-free reimbursement based on...