27 08 2020
We’ve lost an icon!
Unfortunately PKF Durban has lost an icon and a piece of our family. Kevin Gertenbach passed away, succumbing to COVID-19 related complications Thursday morning, 27 August. We thank you for spending a moment of your time thinking about Kevin and his family as you read a little more about the man we at PKF Durban admired and are going to miss greatly.
07 08 2020
Section 6B of the Income Tax Act 58 of 1962 provides for a rebate known as Additional Medical Expenses Tax Credit (“AMTC”) for qualifying medical expenses that were not covered under the taxpayer’s medical scheme or by an insurer under a medical gap cover insurance plan during the relevant year of assessment.
25 06 2020
The Minister of Finance, Tito Mboweni, delivered the supplementary budget speech today as a result of the significant effects that the current COVID-19 pandemic has had on our economy. Whilst there were no tax increases announced, it is very clear that if no action is taken to increase revenue and cut expenditure, the effect on the economy will be devastating.