Covid-19: A Time of Need

Birthed out of the Covid-19 Pandemic, the purpose of this site is to share posts that provide practical information to businesses in dealing with the crisis together with periodic reflections. This is not a commercial site, but instead is intended as a supportive resource the contents of which may be freely shared with appropriate acknowledgement.

Latest Posts

COVID-19: Temporary Employer-Employee relief Scheme (TERS) – A Limited Extension

By Peter Cottrell CA(SA) We hope that you are keeping safe and well.  As the move to lockdown level 2 brings further easing of restrictions, we are acutely aware of the challenges that are encountered at each level of society.  There is still a long road ahead, but we are hugely encouraged by the resilience we have…

COVID-19: Sundry Tax Developments

By Peter Cottrell CA(SA) This communication will outline recent developments in the Covid-19 tax relief measures and will provide a further update on the South African Revenue Service (SARS) auto assessment system, while noting a caution regarding the abuse of electronic communication by scammers. Recent Developments On 31 July 2020 National Treasury announced an extension…

COVID-19: Update of Guaranteed Loan Scheme

By Peter Cottrell CA(SA) In April 2020 a Guaranteed Loan Scheme was announced, representing a partnership between major banks, National Treasury and the South African Reserve Bank.  The scheme was intended to address economic impacts of the Covid-19 pandemic, particularly to provide liquidity to businesses that are in distress.  Concerns have been expressed over accessibility to the…

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