How To Get a R1.8m CGT Exclusion When Selling Your Small Business
Get in touch How To Get a R1.8m CGT Exclusion When Selling Your Small Business “The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital… the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy” (John F. […]
‘Tis the Season for Giving but Beware the Taxman!
Get in touch ‘Tis the Season for Giving but Beware the Taxman! “Think of giving not as a duty but as a privilege.” (John D. Rockefeller Jr.) Christmas is a time for giving, and in our local business environment, as well as in many other markets around the world, it may even be unofficially expected […]
What To Do When Preparing to Sell Your Business
Get in touch What To Do When Preparing to Sell Your Business “As much as you might love running your business, you must have an end-goal in the plan. At the very least, an exit strategy keeps you from turning your business into a glorified job – working from home, but with longer hours.” (Kevin […]
Festive Season Cybercrime Alert: Tips from SARS
Get in touch Festive Season Cybercrime Alert: Tips from SARS “Cyber Attack: An attack, via cyberspace, targeting an enterprise’s use of cyberspace for the purpose of disrupting, disabling, destroying, or maliciously controlling a computing environment/infrastructure; or destroying the integrity of the data or stealing controlled information.” (CSRC – Computer Security Resource Center) South African businesses, […]
The Top 10 Complaints Against SARS: What You Can Do to Protect Your Rights
Get in touch The Top 10 Complaints Against SARS: What You Can Do to Protect Your Rights “… the OTO commits to continue doing everything possible to ensure that taxpayers are not forced to pay a cent more than what is required.” (Judge Bernard Makgabo Ngoepe, the Tax Ombud) The list of the top 10 […]
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 […]
What The New Employment Tax Incentive Limits Mean for Your Business
Get in touch What The New Employment Tax Incentive Limits Mean for Your Business “Since the unemployment rate in the Republic is of concern to Government; and since Government recognises the need to share the costs of expanding job opportunities with the private sector…” (Preamble to the Employment Tax Incentive Act 26 of 2013 [ETI […]
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 […]
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 […]
How to Prepare for and Manage a Business Crisis
Get in touch How to Prepare for and Manage a Business Crisis “When written in Chinese, the word ‘crisis’ is composed of two characters. One represents danger and the other represents opportunity.” (John F. Kennedy, 35th U.S. President) When people hear the term “crisis management” they immediately picture a PR team in front of the media […]