My Tax Practitioners South African Blog News

Published Sep 28, 20
6 min read

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The Commissioner, Mr Edward Kieswetter, has in the meantime released a media statement including links and important information for all taxpayers during the Lockdown period. His declaration, together with links and other information, can be discovered Our specialist tax advisory service team, is currently evaluating the detailed tax ramifications and methods of possible relief readily available to businesses made public to date and is waiting when more details is released by National Treasury and the SARS.

Background: Supply chains in South Africa run in a tough organisation environment. This environment influences the effectiveness and efficiency of South African organisations and supply chains. These aspects additional affect the competitiveness of items produced in the nation, the economic growth and advancement of South Africa. Goals: The purpose of this study was two-fold: First of all, to obtain insight into the main service environment threats and other elements, from a logistics perspective; and secondly, to show making use of approach seldom used in logistics research the sequential combined technique.

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The outcomes of these two approaches were integrated with market literature. Results: It was discovered that increasing transportation expenses, operational management of facilities and human resources-related problems present the most significant challenges in the logistics industry. In addition, it was found that the mixed technique research study has application possibilities in logistics research study.

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However, organisations can control how they respond and reduce these danger aspects. It is revealed that these factors and dangers can alter over night. Number one financial accounting South African. The usage of the explorative mixed approach in obtaining qualitative and quantitative inputs and integrating it with existing literature proved to be a workable and functional method.

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( Simpson & Havenga 2012:51) Nevertheless, if one takes a look at the Logistics Efficiency Index (LPI) of South Africa the situation does not look regrettable. Looking for tax for small business nearby. A slight unfavorable pattern is nevertheless observed given that South Africa's LPI has decreased to 34th out of 160 nations in 2014 from 23rd out of 155 nations in 2012 (The World Bank 2012, 2014).

For instance, South Africa, as one of the BRICS countries, is carefully behind China, but far ahead of Russia, India and Brazil on the index. South Africa belongs to and completes in the worldwide economy. Efficient and effective logistics operators (freight owners and logistics service suppliers) play a crucial role in the competitiveness of the economy.

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Nevertheless, the effectiveness and efficiency of logistics operators and supply chains can also be influenced by different consider business environment, such as the arrangement of infrastructure, functional management of the infrastructure, the schedule of personnels and a regulatory structure conducive to company and trade. Threats and restraints in business environment may negatively impact logistics organisations and the supply chains within which they operate (Badenhorst-Weiss & Waugh 2014:238).

Similar to any dangers, in order for them to be managed, they must be clearly identified and their implications and value understood by all included (Bredell & Walters 2007:2). This research seeks to explore, by ways of a mixed approach study, key danger consider the organisation environment that constrain the efficiency and performance of logistics operators in South Africa.

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The goal of the research study was to obtain the understandings of logistics company and cargo owners about the dangers and consider the South African service environment that have an influence on their effectiveness and efficiency. This was carried out by methods of a quantitative research study (study), followed by a qualitative focus group discussion to obtain richer information whilst proper industry related literature was browsed and incorporated in the study for additional insight into the dangers (Badenhorst-Weiss & Waugh 2014:283).

Globalisation and the increasing complexities affect the variety of concerns and the danger of supply chain disruptions as supply chains get longer, more complicated and include more partners (Hailey & Jonasson 2013:55). Factors and risks in the company environment that affect supply chains may alter quickly, and the management of these risks is turning into one of the most crucial locations in supply chain management.

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Just over a year later the unfavorable impact of electrical power provision problems is felt by supply chains and the country as a whole. This article looks for to make a contribution in that it reports on the findings of a sequential combined approach research study amongst logistics stakeholders. The short article is not based upon a standard research technique where a comprehensive literature research study was done, upon which a research study method was developed, followed by empirical research study. Search for south africa hotels nearby.

The researchers and a statistical consultant helped with the advancement of the technical part of the instrument. The research study questionnaire is therefore been viewed as a practically-oriented instrument. The survey findings offered the background to a qualitative study. The qualitative study was conducted by ways of a focus group conversation, to acquire insight into how the risk aspects are experienced by logistics function players and what they recommend to minimize the issues.

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The technique followed is called the explorative combined approach (Creswell 2009:18) and although it is not a widely known technique in logistics research study, it still follows the fundamental scientific research study principles. Logistics is worried about the motion of goods, both incoming goods (incoming) and the distribution of items to the next members of the supply chain and to the end consumer (outbound) (Badenhorst-Weiss & Waugh 2014:284) - Our financial planning South Africa.

As logistics plays a vital function in guaranteeing that customers are served with the finest possible service (in terms of reliability, speed, safety, flexibility) at the most affordable possible expense, managing logistics activities for optimal efficiency and efficiency is important (Badenhorst-Weiss & Waugh 2014:284). Supply chain management, on the other hand, requires the preparation and management of all activities associated with sourcing and procurement, conversion and all logistics management activities.

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It is clear that logistics is a vital part of supply chain management and is frequently utilized as a synonym 'supply chains consist of logistics systems of networks' (Gattorna 2010:11). Inadequacies in one part of the supply chain will have an unfavorable influence on the performance of the supply chain as a whole - Our accountant consulting Africa.

The important role of logistics in the nation's economy is captured succinctly in the following: The efficiency and growth of the South African logistics market are both inputs to and outflows from the performance and growth southern African economy specifically in the main and secondary sectors. The currency exchange rate, inflation rate and rates of interest straight affect the cost efficiency of the logistics industry.

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All at once, the performance of the logistics industry particularly the cost of logistics has a bearing on the global competitiveness of South African industries. (State of Logistics Survey 2014: n.p.) South Africa's competitiveness was ranked 53rd out of 148 countries by the World Economic Online Forum (2014). South Africa therefore has a modern-day economy and a strong logistics infrastructure and system.

As mentioned previously, South Africa's LPI has reduced to 34th out of 160 nations in 2014 from 23rd out of 155 nations in 2012. Of the six factors thought about by the World Bank for the LPI, customizeds ranked 42nd compared to 26th in 2012; tracking and tracing ranked 41st compared to 16th in 2012; infrastructure ranked 38th compared to 19th in 2012 (The World Bank 2012, 2014).