Entries by ADMIN

Start 2023 Strong with the “Fresh Start Effect”

Every January, individuals and businesses have an opportunity to take advantage of what is called the “Fresh Start Effect” – referring to research evidence that shows people are more likely to make positive changes at times that mark the start of a new time period and represent a new beginning, most notably the start of […]

Your Tax Deadlines for December 2022

7 December Monthly Pay-As-You-Earn (PAYE) submissions and payments 23 December Value-Added Tax (VAT) manual submissions and payments 29 December Excise Duty payments 30 December End of the 3rd Financial Quarter 30 December Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments where applicable

What is the Metaverse and How Will It Impact Your Business?

Among businesses, one of the most misunderstood aspects at the moment is ‘The Metaverse’. Businesses that do understand this new phase of the internet are currently seizing opportunities that their competition doesn’t even know exist. This is beginning to change the face of business and social interaction around the world. But what is the Metaverse […]

The Why and the How of Annual Price Increases

It is imperative that businesses increase their fees, rates or product prices annually by at least the rate of inflation, just to keep pace with the ongoing increases in the cost of materials and production. Inflation is the increase in the cost of goods and services in an economy. It ensures that, year after year, […]

Your Tax Deadlines for November 2022

7 November – Monthly PAYE submissions and payments 25 November – VAT manual submissions and payments 29 November – Excise Duty payments 30 November – Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments.

SARS Can Take Money from Your Account! Here’s How to Prevent It…

SARS has wide powers when it comes to the collection of tax debts and just one of these is the power to collect money owed by taxpayers from third parties who hold money for those taxpayers, such as a bank. This means that SARS can indeed take outstanding tax amounts from a personal or business […]

Selling Your Business – Plan Well, with a Tax Benefit When You Retire

The reasons why a business owner might decide to sell their business are many – perhaps to pursue a new or more exciting business opportunity, relocation, health reasons or retirement. Selling a business to family, to the other partners, to a loyal employee or a group of employees could also be part of a succession […]

Business Loan or a Credit Facility – Which Is Right for Your Business?

At some point it’s more likely than not that your small business will require a business loan. A 2021 study done by Fundera (a US financial resource business that sources financing for small businesses) suggested that 56% of all small businesses will need a loan to expand operations, pursue new business or acquire business assets. […]

Don’t Let Fraud Infect and Damage Your Company

Fraud (in this context) is the act wherein an employee or trusted partner makes a financial gain through criminal behaviour or deception within an organisation and it is extremely common. Recent studies suggest that as much as 46% of all companies will succumb at some stage or another. Given this, much thought has been put into how […]