Heynes Kotze, Head of Legal, Chartered Institute for Business Accountants (CIBA) Heynes Kotze, Head of Legal, Chartered Institute for Business Accountants (CIBA)

Your Fees Are Running on Autopilot Too

The Minister says petrol should cost R14, not R20. His department is now re-deriving a formula that ran on autopilot for years, escalated annually, never re-examined. Before you nod along, ask the harder question: when did you last re-derive yours? The fee you set in 2022 has moved by CPI. The work has not. A stale pricing formula always costs someone. In the fuel price, it is the payer. In your practice, it is you. Here is the fix.

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