TIMES HAVE CHANGED
”SUCCESFULL PRACTICE MANAGEMENT IN THE MODERN WORLD”
How have things changed? Basic business principels are basic business principels!

Dear Colleagues

We invite you to an evening of Practice Management :
The clinical procedures in dentistry generate our income but the non - clinical procedures in dentistry are often neglected due to the burden of the daily grind. Join us as we revisit some of the areas pertaining to the management of our practices and see how you can streamline your own management systems.

DATE: 21 SEPTEMBER 2010
TIME: 17:30 - 21:30
VENUE: BREAKWATER LODGE, WATERFRONT
COST: R250.00
CPD: 3 Clinical & 2 Ethical applied for

Click here for more details including the program and registration form.

Draft legislation released by National Treasury provides for a form of tax amnesty referred to as Voluntary Disclosure Relief. It can be applied for by any natural person or entity from 1 November 2010 to 31 October 2011. During this period, full disclosure of defaults will result in all interest and penalties being waived for successful applicants. The full tax due will still be payable but there will be no criminal prosecution for any tax offence.

To successfully apply, the disclosure must be voluntary, involve a default, be full and complete, involve the potential application of a penalty or additional tax and must be in respect of a default which occurred at least 12 months before the period of the amnesty referred to above.

A default means the submission of inaccurate or incomplete information to SARS or failure to submit information to SARS resulting in an incorrect assessment of tax or an incorrect refund of tax.

Taking into account greater international co-operation over bank secrecy, the amnesty will also afford taxpayers the opportunity to fully disclose untaxed income from foreign bank accounts.

An opportunity to regularise past Exchange Control contravention will also be provided for during the same period.
More details will be made available when the law is finalised and the relevant regulations published.

Should you have any queries, feel free to contact Kent Karro, Tax Specialist, Horwath Zeller Karro, Chartered Accountants (SA). Telephone 021 481 7000 or .