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November 2025.

THE LEGAL ISSUE

NOVEMBER 2025

SARS given green light to hold third parties personally liable for tax debts

Gold Kid Trading (Pty) Ltd (“Gold Kid”) refine precious metals including gold. They purchase unwrought gold bars and jewelry containing gold from suppliers who are registered VAT vendors and would have paid VAT on the purchase price. The gold is refined and sold to South African clients who pay the purchase price plus VAT. It also sells refined…

THE LEGAL ISSUE

AUGUST 2025

When is it “just and equitable” to wind up a solvent company

When is it “otherwise just and equitable” to wind up a solvent company (or close corporation) in terms of section 81(1)d(iii) of the Companies Act, 2008? Generally, section 81(1)d of the Act provides that a company may be wound up by a court at the instance of a director or a shareholder, or the company itself. Three instances are specified…

Meet Our EXCO Team

Yvonne Boden

Yvonne Boden

Yvonne joined Garlicke & Bousfield in 1988 to serve her articles and was offered a directorship in March 1991. She heads up the Estates & Trusts Department and currently serves

Simphiwe Maphumulo

Simphiwe Maphumulo

Simphiwe joined Garlicke & Bousfield in 2006 and was appointed as a Director in the Property and Conveyancing Department in 2008.

Howard Stephenson

Howard Stephenson

Howard was appointed as a Director in the Corporate & Commercial Department at Garlicke & Bousfield in 2013 and as head of this Department in 2014. He specialises in commercial,

Graeme Palmer

Graeme Palmer

Graeme graduated from the University of KwaZulu Natal with a BSocSci and LLB, thereafter completing a Certificate in Advanced Taxation and an LLM with the University of South Africa.

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