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Land and building tax bill requires greater clarity
Business, Lawalliance Limited Company, Published on 20/10/2015
» Life is getting interesting for taxpayers, with not only an inheritance tax and a new gift tax regime on the way but also a new property tax. The finance minister recently said the land and building tax bill would go before the cabinet very soon and take effect within the next two years. It could be more bad news for some residential property owners.
Grey areas in tax treatment of franchise fees
Business, Lawalliance Limited Company, Published on 16/12/2014
» Take a stroll through a city bustling with thousands of shops and malls and you can see clearly how the brands and logos of renowned shops, fashionable boutiques and restaurants can influence consumers. Aware of the power of brands, many entrepreneurs invest in franchises that allow them to use the decoration concepts and colours as well as the proprietary information and know-how of such brands.