Navigating Trust Tax Season 2024 Attention, trustees! The 2024 Trust Tax Season kicks off on 16 September and runs until 20 January 2025. During this period, all trusts, including dormant ones, must...
Can You Run a Successful Ethical Business? In today’s challenging economic environment, many business leaders are facing tough decisions. With rising costs, it might seem tempting to cut corners...
5 Essential Strategies for Managing Startup Debt Whether you’re launching a fintech app or a fish and chips shop, managing debt is essential for most startups. As your business grows, you might...
Be Cautious When Accessing Your Three-Pot Retirement Savings! As of September 1, 2024, South Africa’s retirement system has evolved with the addition of two new ‘pots.’ This change allows South...
Five Foolproof Tips for Onboarding Remote Employees Bringing a new employee up to speed with company systems, values, and dynamics can be challenging under normal circumstances. It becomes even more...
Navigating AI: When Your Business Should Exercise Caution Artificial Intelligence (AI) is ubiquitous, with businesses across all sectors leveraging it to streamline operations, automate tasks, and...
Simplify Your 2024 Tax Season: Top Tips for a Hassle-Free Experience Tax Season 2024 has officially begun! To help you navigate it smoothly, we’ve compiled essential timelines and updates for...
Maximize Your Tax Savings: Discover Eligible Tax Rebates and Deductions Tax season doesn’t have to be daunting. Did you know that SARS offers a variety of rebates, deductions, and...
The Top 7 Business Lessons Inspired by Madiba Mandela’s insights offer valuable business lessons for entrepreneurs and business owners, especially in these uncertain times. Here are 7 significant...
What is Venture Capital? Advantages vs. Disadvantages Venture capital remains a pivotal yet often misunderstood aspect of business finance. Often associated with tech startups and groundbreaking...
5 Employee Retention Strategies for Your Firm The way businesses operate has been fundamentally changed by remote work and freelancing. Employees can now easily sell their time, switch jobs, or work...
A Guide To Get Through a SARS Audit Nobody looks forward to a SARS audit. The process of gathering documents takes time, money, and effort. Worse still, it can lead to penalties of up to 200%. Repeat...
Employers: Your COIDA Return of Earnings Deadline is 30 June 2024 All employers – whether individuals or businesses – must be registered for COIDA, which aims to provide all employees with...
Quick Tips for Preventing Time Fraud Fraud: it’s a word that strikes fear into every business owner’s heart and something any good leader takes steps to avoid. By hiring an accountant, you have...
How to Apply Effective Leadership Development in your Business With businesses increasingly becoming more diverse, more remote and more fractured, leaders need new and different skills to manage these...
This SARS Incentive can Bring Young Adults into Your Business Youth Day, celebrated on 16 June each year, is an ideal opportunity for businesses to look at ways of bringing fresh young talent into...
Donating to a PBO? Check SARS’ New Requirements With a valid tax certificate from a qualifying PBO, taxpayers – companies and individuals – can get a tax deduction for donations...
Psycological Pricing Strategies that can Save Your Business Nothing is more important when running a successful business than pricing your products accurately. Most business leaders are already...
What you can do if you have a Budget Shortfall Government’s approach to balance this year’s National Budget 2024 shortfall of R15 billion didn’t set a positive example for South African individuals...
When to Hire a Freelancer vs. Employee With so much of the population now working remotely as contractors or freelancers, the traditional employer/employee model is being scrutinised more closely than...
What Skills Does Your Business Need to Cultivate in 2024 If you are like the vast majority of companies out there, you are neglecting employee training and it’s going to cost your business. This is...
Things to Look for When Buying a Small Business On the surface buying into a small business can seem easy. There aren’t a lot of laws to negotiate, and payment can often be done in a single cash-based...
SARS Tax Tables and Tax Calculator Budget 2024 effectively brought an increase in personal income tax by not adjusting the tables for tax rates, rebates and medical tax credits, while also...
Budget 2024: How It Affects You and Your Business There were few surprises and little in the form of good news in Budget Speech 2024. Although there were no major tax proposals and no major tax...
What to do with the Ongoing High Interest Rates in 2024 The South African Reserve Bank recently held interest rates for the third time in a row, keeping the repo rate at 8.25%, with the prime lending...
How to Develop a Digital Transformation Strategy From increasing costs to legal compliances and logistical challenges, there are a multitude of pressures on a modern business. This is why companies...
Build Your Team Stronger This Year All stakeholders benefit when happy employees enthusiastically work together as a strong cohesive team to achieve clear and common goals. Given the demanding...
These Invoicing Tips Could Save Your Business It’s no secret that poor cash flow management can sink businesses. Without ready cash in the bank a business will struggle to meet its own commitments...
Provisional Tax: Are You Ready for the Crucial 29 February Deadline? Especially for taxpayers required to make provisional tax payments on income as both individuals and as owners of...
2024: Best Year Yet for Your Business? South African businesses have survived some incredibly trying and uncertain years, marked by lockdowns and blackouts, rising interest rates and tight economic...
How to Maintain Tax Compliance in 2024 Tax compliance is accepted as an indicator of how well the affairs of a business or individual are managed and their good standing in terms of their legal...
9 Tips for Catching CV Liars We live in desperate times. South Africa’s official unemployment rate is 33%, and the unofficial one is thought to be much higher. In a climate like this more and more...
Festive Gifts for Employees: Ways How SARS Will Tax Them Giving your employees gifts this Festive Season? Then be sure to check with your accountant first! This is because any kind of gift that an...
Corporate Gifting: Ways to Boost Your Business There is no more appropriate time than the Festive Season to show appreciation to clients, suppliers and business partners, to build better business...
Employee Incentives That Really Work for Small Businesses Happy and industrious employees are a huge step toward business success. In a small business, each and every employee needs to be performing...
Dispute with SARS? Here are the New Rules At some point over the many years of submitting returns and paying taxes, individual and corporate taxpayers will have grounds to dispute an assessment or...
The Hidden Costs of Starting a Business You have had your bright idea, saved up for months, and finally quit your 9-to-5 to run your own business. You have worked out the finances carefully but it’s...
SARS Admin Penalties: What Taxpayers Can Do SARS has imposed administrative non-compliance penalties on hundreds of thousands of taxpayers this year, following recent changes to the admin penalty...