How to Build Your Business with Freelancers
Get in touch How to Build Your Business with Freelancers “The gig economy is empowerment. This new business paradigm empowers individuals to better shape their own destiny and leverage their existing assets to their benefit” (John McAfee) The modern world of work was already changing by the time Covid-19 hit. The “gig economy” had taken […]
What You Should Know About Airbnb and Tax
Get in touch What You Should Know About Airbnb and Tax “All forms of rental income must be declared to SARS … We are … determined to make it hard and costly for non-compliant taxpayers not willing to meet their obligations. We are working hard to improve system capabilities, in order to detect those taxpayers […]
ALTERNATIVE FUNDING FOR YOUR SMALL BUSESS
Get in touch Alternative Funding for Your Small Business “When looking for funding, don’t just look for cash. Look for the right people” (American fashion entrepreneur, Jodie Fox) According to South African Reserve Bank data, the low level of small business financing appears to be emanating from the demand side as “the vast majority of […]
4 Ways to Measure Your Company’s Performance, Beyond Profit
Get in touch 4 Ways to Measure Your Company’s Performance, Beyond Profit “Even if you are on the right track, you’ll get run over if you just sit there” (Will Rogers) In the hostile business environment in which we find ourselves, every small advantage could be the difference between success and failure. While traditionally companies […]
For those companies affected, the changes will have tax cash flow implications, best illustrated by the way of examples –
Get in touch For those companies affected, the changes will have tax cash flow implications, best illustrated by the way of examples – “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 […]
Companies: How Will the Reduced Tax Rate and Assessed Loss Rules Affect You?
Get in touch Companies: How Will the Reduced Tax Rate and Assessed Loss Rules Affect You? “What the government gives it must first take away.” (John S. Coleman) Edison It certainly seemed like a win for taxpayers when Finance Minister Enoch Godongwana announced in his February Budget Speech that the corporate income tax (CIT) rate […]
A Guide to Accessing Funds That Can Help Your Small Business
Get in touch A Guide to Accessing Funds That Can Help Your Small Business “All company bosses want a policy on corporate social responsibility. The positive effect is hard to quantify, but the negative consequences of a disaster are enormous” (English economist and academic, Noreena Hertz) Stimulating the SME sector is considered as one of […]
Independent Non-Executive Directors: A Value-Add for Your SME?
Get in touch Independent Non-Executive Directors: A Value-Add for Your SME? Many small and medium-sized enterprises (SMEs) are owned and managed by the founder(s), sometimes with the involvement of family members, and in the early stages of the life of a small or medium-sized company there would seem to be little reason or motivation to […]
when, why and whose job you should be outsourcing
Get in touch When, Why and Whose Jobs You Should Be Outsourcing “If you deprive yourself of outsourcing and your competitors do not, you’re putting yourself out of business.” (Lee Kuan Yew, Former Prime Minister of Singapore) Launching a business requires the small business owner to wear many hats. From marketing, to accounting and HR […]
Multiple Income Streams? The PAYE Dangers and a New Option for Pensioners
Get in touch Multiple Income Streams? The PAYE Dangers and a New Option for Pensioners “Every advantage has its tax.” (Ralph Waldo Emerson) An unfortunate reality for many non-provisional taxpayers with multiple income streams is a large and unexpected tax liability following a year-end tax assessment – even though PAYE was paid each month on […]