So I am a first time director, at least the first time since the requirement to complete this Statement of Assets and Liabilities for SARS.
How detailed do they want this? I have like 1 asset, minor liabilities in terms of credit card debt only, and some cash in the bank. Do I just jot those...
I have been asked regarding the following scenario:
Residential property of director of pty is registered in his and his wife's name jointly. The director has signed sureties to bind himself as co-principal debtor for his pty's debts. His shares in the same business is held in a family...