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January 2015

BUILDING YOUR PERSONAL BRAND

Increasingly, companies are realising the value of sharpening up their business branding and marketing. But with fierce competition and rapidly changing ways of communication, it’s becoming just as vital to build your own personal brand.

ECONOMIC COMMENTARY

David Crosoer, PPS Investment Executive, answers some pertinent questions about his investment perspectives for 2015 and over the past quarter. He shares insight into the broader global economy, the local picture and just how PPS Investments has diversified its portfolios to minimise risk for clients and help them generate long term wealth. 

WITHHOLDING TAX ON FOREIGN INTEREST PAID AND INCREASE IN RATE OF WITHHOLDING TAX ON ROYALTIES PAID (EFFECTIVE 1 JANUARY 2015).

Areas that could be of significance to entities that receive finance from abroad, are Sections 50A – 50H that came into effect on 1 January 2015.These sections deal with withholding tax on interest paid to or for the benefit of any foreign person, to the extent that the amount is regarded as having been received or accrued from a source within South Africa.  According to the new regime, withholding tax amounting to 15% of the interest payable will be required to be withheld and paid by the South African resident entity to SARS by the last business day of the month, following the month in which the interest is paid.

OUR MINING TEAM AT THE MINING INDABA IN CAPE TOWN 9-12 FEBRUARY 2015

We recognise the many challenges faced by businesses focused on the mining of coal, gold, iron ore and other natural resources.