perception

FACTBOX-Key issues for South African voters in wide open 2024 election

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FACTBOX-Key issues for South African voters in wide open 2024 election

South Africans will vote in a national election on May 29 with uncertainty about the outcome, as polls suggest the African National Congress may lose its majority after 30 years in power. Key issues include high unemployment rates, sluggish economic growth, power cuts, corruption scandals, high rates of violent crime, and rising anti-immigrant sentiment. The government is working to address these issues, with a focus on job creation, economic growth, and tightening immigration laws.

Brightening cancer patients, ’ day with wall art

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Brightening cancer patients, ’ day with wall art

Fact: The Bank of Cyprus oncology center has transformed one of its walls into a nature view for the seventh year as part of the Wall Gallery platform.

Boost your brand with eco-friendly packaging papers

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Boost your brand with eco-friendly packaging papers

Numerous brands are now working in the demanding marketplace where consumers are becoming more environmentally-conscious. Packing papers play a crucial role in aligning the company and product with consumer’s environmental orientation towards sustainability and responsibility.

Ensuring all companies pay the right amount of corporation tax

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Ensuring all companies pay the right amount of corporation tax

Pillar Two requirements for multinational organizations with consolidated annual earnings over €750 million will enforce a global minimum tax of 15 per cent, regardless of location, to prevent the use of tax havens. The global corporate tax gap is estimated to be around £75-200 billion per year. Research shows that 47% of the UK adult population would be less likely to engage with companies minimizing their corporation tax payments. Older age groups are more likely to switch brands if they are made aware of unethical behavior related to tax planning. Better communication is needed to emphasize the negative impact of corporate tax planning on public services and social inequality. Collectively buying into a fairer society is crucial to influencing corporate behavior.

ATO targets directors over $2.5 billion in unpaid super, GST, employee income tax

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ATO targets directors over $2.5 billion in unpaid super, GST, employee income tax

The Tax Office is increasing action against company directors to recover .5 billion in unpaid taxes. Director Penalty Notices (DPNs) have increased by 320% in the past eight months, making directors personally liable for company tax debts. Directors who ignore DPNs may face serious consequences like asset seizure, bankruptcy, or wage garnishment by the ATO.

Increasing tolerance of corruption in the north

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Increasing tolerance of corruption in the north

Fact: Turkish Cypriots held a protest against corruption, demanding accountability for those responsible for corruption in the northern part of Cyprus.