AUDIT YOUR EMPLOYEE TAXES BEFORE SARS DOES
Get in touch Audit Your Employee Taxes, Before SARS Doe “One of our strategic objectives is to make it easy for taxpayers to comply with their tax obligations, and hard and costly for those who willfully do not comply” (Edward Kieswetter, SARS Commissioner) Earlier this year, SARS and the NPA (National Prosecuting Authority of South […]
6 TIPS ON SURVIVING THE FAILURE OF A BIG CLIENT
Get in touch 6 Tips on Surviving the Failure of a Big Client “Generosity is a virtue, but unlimited generosity is a fast route to bankruptcy” (Bret Stephens) Healthy cash flow is what keeps a company afloat. The ability to pay suppliers and staff, without risking the future of the business, entirely independently of expected […]
How 67 Minutes on Mandela Day Can Change Our World and Benefit Your Business
Get in touch How 67 Minutes on Mandela Day Can Change Our World and Benefit Your Business “What counts in life is not the mere fact that we have lived. It is what difference we have made to the lives of others that will determine the significance of the life we lead” (Nelson Mandela) Nelson […]
Keep Your Business Simple!
Get in touch Keep Your Business Simple! “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 […]
The 7 Signs It’s Time to Move Your Business Out of The Garage
Get in touch The 7 Signs It’s Time to Move Your Business Out of The Garage “One doesn’t discover new lands without consenting to lose sight, for a very long time, of the shore.” (Andre Gide) All of the largest businesses in the world started small. Apple, Google, and Amazon were all famously founded in […]
Planning to Cease Being a South African Tax Resident? What You Should Know Before Approaching SARS
Get in touch Planning to Cease Being a South African Tax Resident? What You Should Know Before Approaching SARS “Dear IRS, I am writing to you to cancel my subscription. Please remove my name from your mailing list.” (Snoopy) According to some estimates, as many as 1,900 millionaires have left South Africa over the last […]
The Simple Solution to Hassle-Free EMP501 Final Recons
Get in touch The Simple Solution to Hassle-Free EMP501 Final Recons “The employer in collaborating with SARS plays a critical coalition towards adherence and compliance of tax principles and laws.” (SARS External Guide – A Guide to The Employer Reconciliation Process) By law, employers must deduct or withhold employees’ tax from remuneration and pay this […]
Letter of Demand from SARS? Handle With Care!
Get in touch Letter of Demand from SARS? Handle With Care! “A senior SARS official may authorise the issue of a notice to a person who holds or owes or will hold or owe any money, including a pension, salary, wage or other remuneration, for or to a taxpayer, requiring the person to pay the […]
HOME OFFICE EXPENSE : TO CLAIM OR NOT TO CLAIM
Get in touch Home Office Expenses: To Claim or Not to Claim? “We would simply ask taxpayers to consider carefully the longer-term implication of defining an area in their primary residence as a home office for tax purposes” (Edward Kieswetter – SARS Commissioner) “All employers should allow their employees to work from home unless it […]
Small Businesses: Reap the Benefits of Cashless Transactions
Get in touch Small Businesses: Reap the Benefits of Cashless Transactions “Mobile devices, high-speed data communication, and online commerce are creating expectations that convenient, secure, real-time payment and banking capabilities should be available whenever and wherever they are needed” (Chair of the Federal Reserve of the United States, Jerome Powell) South Africa is already a […]