New Companies Act... Does it affect you?

If you own a company or close corporation the answer is almost certainly a resounding yes. According to the DTI the draft regulations published in December 2009 are being finalised taking into account most of the public commentary. The final draft should be published in July with the intended date of implementation of the new Act being 1st October 2010.
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Experiment To Find Your Product’s Price Flexibility

Pricing is an art and if you don’t get your prices right you’ll have trouble finding either profits or buyers for your products or services. Most experts agree that there are just three basic methods of pricing:
Cost-based: You take the cost of the product and add a fixed percentage of this as a markup or apply a fixed multiplication factor to calculate the final price.
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Retirement — What’s Cash Flow Got To Do With It?

Retirement - you may already have a date in mind, a particular birthday or after a certain number of years in the CEO’s position, but will the money be there to support your retirement needs when the date rolls around? Many people get to their hoped for retirement date only to find their finances are insufficient and their dreams need to be put on hold.
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SARS updates on Employees Tax Deductions and submission of payments.

With effect from 1 July 2010, the old EMP201 form is defunct and will no longer be accepted by SARS. . SARS will return any defunct EMP201, and penalties and interest will be strictly applied on employers that do not make submissions on time using the newly prescribed EMP201 form and requisite payment reference number.
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