by Evolve Audit & Advisory | Jul 27, 2022 | Accounting, Business
“Creativity is great – but not in accounting.” (Charles Scott, Former governor of Kentucky) Being able to track money as it is coming in and going out is essential for small business owners. Not having proper cash flow management and a full understanding of...
by Evolve Audit & Advisory | Jul 27, 2022 | Tax
“A trust is a ‘person’ for tax purposes and is therefore a taxpayer in its own right.” (SARS) SARS recently sent out a reminder confirming that in terms of the Income Tax Act, 1962 (ITA), all trusts are taxpayers and that the trustees, who are also the representative...
by Evolve Audit & Advisory | Jul 27, 2022 | Tax
5 August – Monthly Pay-As-You-Earn (PAYE) submissions and payments25 August – Value-Added Tax (VAT) manual submissions and payments30 August – Excise Duty payments31 August – Value-Added Tax (VAT) electronic submissions and payments & CIT...
by Evolve Audit & Advisory | Jul 22, 2022 | Tax
“Few of us ever test our powers of deduction, except when filling out an income tax form.” (Laurence J. Peter) In this article, we look at the who, how and when of this 2022 Tax Season; highlight some issues that require special attention; and suggest...
by Evolve Audit & Advisory | Jul 22, 2022 | Business
“Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains.” (Steve Jobs, co-founder of Apple) It is easy in business culture to start...