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Serial fraudster J Arthur Brown’s former attorney fined R200,000

Publish date: 14 June 2019
Issue Number: 75
Diary: CompliNEWS
Category: Enforcement

Serial fraudster J Arthur Brown’s former attorney has escaped with a R200 000 fine after being convicted of tax fraud. Muhammed Rashad Khan (70) pleaded guilty to 468 charges of tax fraud. During sentencing, the court said Khan’s crimes were serious as they undermine SARS, but his personal circumstances should also be taken into account, notes Netwerk 24. He is the father of three adult children and three minors. Khan failed to submit several tax returns between 2006 and 2018. He didn’t file VAT returns between 2006 and 2015, didn’t pay over the PAYE deductions from his employees, didn’t file personal income tax returns and failed to pay over UIF contributions on behalf of his employees.

Full Netwerk24 article (subscription required)

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Working Smart

By Lee Rossini

Selecting, recruiting and onboarding a new employee takes time and resources. Once settled and integrated into the business, employees develop the skills required to carry out the work effectively, they become an important part of the team, they contribute positively to the corporate culture and their institutional memory is deepened. For these reasons, short-stay employees should be avoided. The question is how to motivate employees to stay over the long term especially when faced with some of the challenges in the financial advice arena? Motivation is a force that energises behavior, gives direction to behavior, underlies the tendency to persist, even in the face of one or more obstacles (Warnich, Carrell, Elbert and Hatfield, 2015).