Five Financial Reports for Informed Decision-Making
Get in touch Five Financial Reports for Informed Decision-Making “What gets measured, gets managed.” (Peter Drucker) Financial reports, such as a balance sheet, income statement, cash flow statement, debtors reports and actual spend vs budget reports, provide an understanding of where your business stands financially at a certain point in time. They detail the business’s […]
Estate Planning: Act Now to Protect Your Family and Business After You Are Gone
Get in touch Estate Planning: Act Now to Protect Your Family and Business After You Are Gone “The golden rule of all estate planning is: don’t wait.” (Missionwealth.com) Just 20% of South Africans have a valid will (“Last Will and Testament”), resulting in countless heart-breaking stories of grief-stricken surviving spouses and children with no income […]
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 […]
SARS Makes SMME Tax Compliance Easier
Get in touch SARS Makes SMME Tax Compliance Easier “Tax complexity itself is a kind of tax” (Max Baucus) NOTE: Bear in mind that although many of the resources mentioned below are addressed by SARS to you as a private taxpayer, there is just no substitute for professional advice and assistance when it comes to […]
Seven Crucial Tax and Other Issues to Address When an Employee Dies
Get in touch Seven Crucial Tax and Other Issues to Address When an Employee Dies “Employees are the key to your success… Treat them well!” (Ron Kaufman) The death of an employee can be a difficult situation in any company, but particularly so in smaller businesses where employees work more closely together and often consider […]
Six Tips for Creating a Distraction-Free Home Office
Get in touch Six Tips for Creating a Distraction-Free Home Office “Out of clutter, find simplicity. From discord, find harmony. In the middle of difficulty lies opportunity.” (Albert Einstein) To many people the idea of working from home can seem like a dream. Just avoiding the daily commute makes it worthwhile for many, but add in […]
Financial Year End Reporting: Challenges to Manage, Opportunities for Benefit
Get in touch Financial Year End Reporting: Challenges to Manage, Opportunities for Benefit “Any remedy is going to depend on having financial statements that are reliable” (Tom Foley) On the last day of February each year, many companies face their end of financial year or “EOFY”. Whether it’s referred to as the EOFY, Close of […]
SMEs – Why You Should Consider Employee Benefit Packages
Get in touch SMEs – Why You Should Consider Employee Benefit Packages “Human resources isn’t a thing we do, it’s the thing that runs our business” (American real estate developer, Steve Wynne) An effective employee benefit strategy is more of an advantage to an employer than may at first meet the eye. Although providing benefits naturally comes at […]
Five Tips for Improving Your Workforce Management
Get in touch Five Tips for Improving Your Workforce Management “It is equally important to know if we have a happy and engaged workforce as it is to have a profitable bottom line.” (Vern Dosch, Wired Differently) Managing any workforce, but particularly a large one across many units, sometimes in multiple countries, is far from […]
Interest Rate Hikes: How to Buffer Your Business in 2022 and Beyond
Get in touch Interest Rate Hikes: How to Buffer Your Business in 2022 and Beyond “The implied policy rate path of the Quarterly Projection Model indicates an increase of 25 basis points in the fourth quarter of 2021 and further increases in each quarter of 2022, 2023 and 2024.” (Lesetja Kganyago, SARB Governor) After cutting […]