by Evolve Audit & Advisory | Nov 29, 2022 | Tax
7 December Monthly Pay-As-You-Earn (PAYE) submissions and payments 23 December Value-Added Tax (VAT) manual submissions and payments 29 December Excise Duty payments 30 December End of the 3rd Financial Quarter 30 December Value-Added Tax (VAT) electronic...
by Evolve Audit & Advisory | Oct 27, 2022 | Business, Tax
“A diligent buyer will want up to five years’ worth of profit and loss statements, bank statements, tax returns, leases, supplier and vendor contracts, and customer data.” (Barbara Findlay Schenck – Author “Selling Your Business for Dummies”) The reasons why a...
by Evolve Audit & Advisory | Oct 27, 2022 | Business, Financial
“I would borrow money all day long, if the cost of borrowing is less than the expected return.” (Brad Schneider, American congressman) At some point it’s more likely than not that your small business will require a business loan. A 2021 study done by Fundera (a...
by Evolve Audit & Advisory | Oct 27, 2022 | Tax
“[Taxpayers] should give at least the same priority to tax obligations as their other responsibilities.” (SARS’ Short Guide to the Tax Administration Act) SARS has wide powers when it comes to the collection of tax debts and just one of these is the power to collect...
by Evolve Audit & Advisory | Oct 27, 2022 | Business
“In a way, fraud in business is no different from infidelity in marriage or plagiarism in scholarly work. Even people committed to high moral standards succumb” (Miroslav Volf, Director of the Yale Center for Faith and Culture) Fraud (in this context) is the act...