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You accidentally pay a large amount of money to the wrong person. Or perhaps you overpay the right person. That sort of mistake happens all too often in these days of banking apps and online payments, and the question is - what can you do if the recipient point blank refuses to repay you?
A lot of money could be riding on the answer, and fortunately our law provides a remedy in the form of an “unjustified enrichment” claim.
We look at a recent High Court case involving R861,940 that was paid out to a couple when a bank’s “remote banking app” malfunctioned. Read on for a discussion of the Court’s decision, and of what you must be able to prove to succeed in such a claim.
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Expats have until now enjoyed a tax exemption in respect of foreign remuneration earned, provided they meet requirements as to time periods worked overseas. The exemption will however be partially removed with new legislation recently passed.
We look at current requirements for exemption, what the new restrictions on the exemption will be, whether they will affect you, when they will take effect, and what you should think of doing about it.
Note: If you yourself don’t employ a working expatriate, or if you aren’t yourself an expat but you know someone who is - a relative, friend or colleague perhaps - please think of passing this article on.
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A valid Fidelity Fund Certificate (FFC) is a necessity for any estate agency. Without it, no agent can claim commission, and now a new High Court decision suggests that the agency’s contracts generally could be at risk of invalidity.
The case involved an intern agent employed by an agency with a restraint of trade clause. When the intern left and joined a rival agency, her erstwhile employer tried to enforce the restraint of trade clause against her.
It was in for a very rude shock indeed. For 5 years after its conversion from a CC to a company, its FFC was still issued in the name of the CC. Big mistake…
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