“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 […]
Some of the best news in the 2026 Budget is the proposed increases in the compulsory VAT registration threshold from R1 million to R2.3 million and in the voluntary registration threshold from R50,000 to R120,000, with effect from 1 April 2026. This will immediately ease the disproportionate administrative burden and compliance cost on small businesses […]
As a small business owner, every rand you spend needs to return value, and your team building events are no exception. When structured properly, team building days can align your staff around shared goals, strengthen communication, and clarify behavioural expectations. They will improve output, reduce internal conflict, and build a culture that supports growth. But […]
Business owners work hard to grow revenue and increase profit. What often receives less attention is how that growth alters your tax obligations. Higher turnover can trigger VAT registration. Rising profit increases provisional tax exposure. Hiring staff adds payroll compliance risk. Expansion across borders introduces new tax jurisdictions. Even improved margins can create cash flow […]
06 March – PAYE submissions and payments 25 March – VAT manual submissions and payments 30 March – Excise duty payments 31 March – End of the 2025/6 Financial year, VAT electronic submissions and payments & CIT Provisional Tax payments where applicable.
Some of the best news in Budget 2026 is the real GDP growth of an estimated 1.4% for 2025, rising to 2% in 2028, and a debt ratio that will stabilise during this financial year and decline thereafter. Inflation also declined to 3.2% in 2025 (from 4.4% in 2024), improving affordability for households and […]
