News
Five Signs It’s Time for a Rebrand
“Your brand is what other people say about you when you’re not in the room.” (Jeff Bezos) You have a great product or service that fills a need. You are doing your marketing. Your accountant has helped you streamline your cashflow and provided you with your financial...
Ready to Submit Your Interim EMP501 Reconciliation By 31 October?
“The interim reconciliation process has become an integral part of the employer reconciliation and assists employers…” (SARS) Employers are assisted by the interim EMP501 reconciliation, says SARS, because it makes it easier to: make more accurate annual...
Tax Deadlines
07 October – Monthly PAYE submissions and payments 21 October – End of filing season for individual taxpayers (non-provisional) 25 October – Value Added Tax (VAT) manual submissions and payments 30 October – Excise duty payments 31 October – VAT electronic submissions...
Beware the Taxman When Accessing Your Three-Pot Retirement Savings!
“The two-pot system is meant to support long-term retirement savings while offering flexibility to help fund members in financial distress.” (National Treasury) With two new pots added to what used to be the one-pot South African retirement system, fund members can...
5 Top Tips for Managing Debt in Your Startup
“There are no shortcuts when it comes to getting out of debt.” (Dave Ramsey, finance journalist and author) Most businesses have debt of some kind or another. Whether you need help to buy stock, maintain equipment or even fund a property, it’s likely that at some...
Is it Possible To Run a Successful Ethical Business?
“It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about that you will do things differently.” (Warren Buffett) During tough economic times it can be tempting to illegally cut corners, hire staff at lower salaries, or avoid paying taxes...
How to Survive Trust Tax Season 2024
“A Trust is a ‘person’ for tax purposes and is therefore a taxpayer in its own right.” (SARS) With Tax Season 2024 for trusts opening on 16 September, there’s no better time to draw trustees’ attention to SARS’ continued emphasis that all trusts must register for...
Your Tax Deadlines for September 2024
06 September – Monthly Pay-As-You-Earn (PAYE) submissions and payments 16 September – Start of Filing Season 2024: Trusts 25 September – Value Added Tax (VAT) manual submissions and payments 27 September – Excise duty payments 30 September – VAT electronic submissions...
Do You Qualify for These Tax Rebates? Let Us Check!
“The hardest thing in the world to understand is the income tax.” (Albert Einstein) Tax rebates, deductions and incentives provide relief to taxpayers by reducing the amount of tax payable to SARS, resulting in welcome tax savings. But how do you figure out which...
When Should Your Company Be Cautious of AI?
“Artificial intelligence is just a new tool, one that can be used for good and for bad purposes and one that comes with new dangers and downsides as well.” (Sarah Jeong, information and technology journalist) Using powerful data analytics and pattern recognition,...