Education amendment legislation enacted

Education amendment legislation enacted

The Education Amendment Act 2018 (No 40 of 2018) received the Royal assent on 23 October 2018. The Act amends the Education Act 1989 and the Education (Update) Amendment Act 2017. The Act came into force on 24 October 2018. The main objectives of the Act are to: •...
Deductions for bad debts denied

Deductions for bad debts denied

The High Court has held that the taxpayer failed to establish that debts were written off as bad at the relevant time or that the debtors were released from making all remaining payments by law. The taxpayer also failed to establish that he carried on business for the...