SARS has significantly increased its scrutiny of trust administration. What’s more, from the beginning of May 2026, automated administrative penalties apply to all non-compliant trusts – without exception. Whether a trust is active or dormant, the trustees have a legal obligation to comply with SARS requirements, and the consequences of failing to do so are […]
Running a business is a human endeavour, and as such, every business leader will eventually find themselves faced with a skilled, reliable employee who starts showing signs that something is deeply wrong outside of work. Maybe their performance dips suddenly, or perhaps they’re distracted, tearful, or inexplicably short-tempered? Maybe they even come to you directly […]
It’s no secret that doing business has undergone significant overhauls over the last few years. The invention of AI, and the backlash to it, have led to an increase in automation, and, in turn, a recognition that customers are now more likely than ever to value the personal touch. It’s a grand shift that might […]
The unprecedented volatility of 2026 has brought about geopolitical disruption, volatile markets, rand weakness and rising input costs. This places real pressure on South African businesses of every size. In addition, for businesses with international invoices, rand volatility can turn a profitable deal into a loss overnight if the rand weakens between order and payment, […]
07 May – PAYE submissions and payments 25 May – VAT manual submissions and payments 28 May – Excise duty payments 29 May – VAT electronic submissions and payments and CIT Provisional Tax payments where applicable.
“Invisible work” is the non-value-added tasks that act as a hidden tax on your profit and growth. It is the friction within your business that consumes overheads, mental energy, and time, yet remains entirely imperceptible to your clients. This work is dangerous because at times it can feel like accomplishment, despite being the exact opposite […]
Small business owners looking to sell their business or interest in a business as part of their retirement planning will be glad to know that meaningful tax relief has been provided for them in the 2026 National Budget. Among other measures to support businesses, National Treasury raised the capital gains tax exemption for the sale […]
Most founders track revenue growth. Fewer track where that revenue comes from. Client concentration risk arises when a single customer, or a small cluster of customers, accounts for a disproportionate share of revenue. In some industries it can be natural to have larger customers, especially in business-to-business markets with long-term contracts. But as dependency grows, […]
01 April: Start of the 2026/27 Financial Year 07 April: PAYE submissions and payments 24 April: VAT manual submissions and payments 29 April: Excise duty payments 30 April: VAT electronic submissions and payments CIT Provisional Tax payments where applicable.
In October 2021, a global minimum tax framework for large multinational enterprises (MNEs) was established with the introduction of the GloBE (Global Anti-Base Erosion) model rules by the OECD (Organisation for Economic Cooperation and Development). These rules address profit shifting by multinational groups to low- or no-tax jurisdictions and ensure a minimum level of […]
