Recent News
Removal of a director by shareholders of a company
The Gauteng Local Division (Johannesburg) of the High Courtruled in Miller v Natmed Defence (Pty) Ltd (18245/2019) [2021] ZAGPJHC 352, d that the shareholders of a company are not required to give reasons for their decision to remove a director. with reference to...
PAYMENTS, PAYMENT REQUESTS & CYBERCRIME
Be cautious of cybercrime at all times for payments. This is relevant for all payments, and not only to our company. Before making any payment to our trust account please ensure that you verify that the account into which payment will be made is our legitimate bank...
Facebook compromised
Kindly note that our Facebook page https://web.facebook.com/mindmattersattorneysesselensengelbrechts is compromised. We informed Facebook security and are waiting for their reply and support. Do not rely on any posts from Facebook or information from and regarding our...
Heartfelt condolences and support
Our heartfelt condolences to the families of Cloete Murray and Thomas Murry, who were assassinated o 18 March 2023 whilst exposing and investigating corruption. Non-profit organisation Justice for Forensics offered a R1 million reward to anyone who can help track down...
Remote work Monday 20 March 2023
Dear Legal Practitioners/Customers: Please note that due to the planned national shutdown and possible interruptions, our offices will be closed and staff will work remotely on Monday, 20 March 2023. Kind regards. Esselens Engelbrechts
Water rights – trade and costs
The Court ruled in Minister of Water & Sanitation v Lotter and Others CC that, in the absence of a clear enough proscription of trading in water use entitlements (which there is not), private persons must surely be perfectly entitled so to trade, and there is no...
South Africa grey listed
South Africa did not do enough to combat money laundering and the financing of terrorism. Grey-listing is an opportunity to resolve these issues and be delisted. On average grey listing ends after 3 years of efforts to fix the issues.
Sars’s Voluntary Disclosure Programme (VDP)
The onus is on the applicant to establish on a preponderance of probabilities that its VD Application had been brought voluntarily o be successful. If an an element of compulsion was present at the time the taxpayer sought VDP relief it will indicate an absence of...
Less transfer duty payable from 01 April 2023
For transactions signed between 1 March 2023 – 29 February 2024 transfer duty will be 3% of the value above R1 100 000 (previously above R1 million) and R12 375 + 6% of the value above R 1 512 500. For higher values: R48 675 + 8% of the value above R 2 117 500; R97...