Nov 5, 2024
Dismissal of an employee for reasons attributable to the employee requires the issue of a warning. The employer must ensure that the warning has been given correctly and that the reason for dismissal exists before proceeding with the dismissal, in order to avoid any potentially costly...
Nov 1, 2024
It is likely that every business will be subject to a tax audit at some point in its life. Below I set out how a tax audit works, the rights and obligations of the taxpayer and what to do in the event of an audit....
Nov 1, 2024
A merger under the Companies Act means a situation where the assets and liabilities of the merging company are transferred to the acquiring company and the merging company ceases to exist. A merger is a very definite process and usually takes about 5-6...
Nov 1, 2024
Acquisition of own shares refers to a situation where a company acquires its own shares from its shareholder voluntarily for consideration by agreement between the parties. The Companies Act gives a very free hand to the acquisition of own shares. On the other hand...
Nov 1, 2024
A worker is temporarily laid off if the employer temporarily suspends work and payment of wages if the conditions set out in the Employment Contracts Act are met, and the worker stops working, although the employment relationship remains in force. Suspension...
Nov 1, 2024
An employer may terminate an employment contract if the available work is substantially and permanently reduced for economic, production or restructuring reasons. A temporary reduction in work does not justify dismissal....
