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Adams & Adams an Impumelelo Top Performing Company for 2009
7/08/2009

Adams & Adams has been rated as a Top Performing Company in the attorneys’ business sector by Impumelelo for 2009.

According to Stephen Paxton, associate publisher of Impumelelo, “the Top Performing publication profiles successful sustainable organisations in 150 business sectors of economy”.

Adams & Adams will be listed in Impumelelo: South Africa’s Top Empowerment Companies, a definitive record of empowerment and transformation across government and private business sectors.

The firm was presented with an award by Stephen Paxton. Receiving the award, Adams & Adams COO, Stuart Boyd, said it was an honour for the firm to be ranked as one of the top performing businesses in the country.
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The South African government introduced Section 11D of the Income Tax Act number 58 of 1962 to encourage and incentivise private sector investment towards the research and development of scientific or technological activities. The Act assists in ensuring that research and development activities are conducted within South Africa, and this will ultimately resulting in a positive economic growth.

Section 11D of the Act provides for two types of incentives - a 150 percent deduction of operating expenses and accelerated depreciation of any building or part thereof, machinery, plant, implements, utensil or article. 		  Featured person Featured person
Werina Griffiths
Senior Associate
Trade Mark Attorney
Tel: +27 (0) 12 432 6367
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The firm practises directly in several Southern African countries and through long-established associates in others.