Tax Season 2018 has started By now you should have received your IRP5 from your employer. Have this on hand when filing your tax return. In completing your tax return, take note of some common expenses – although sometimes overlooked, that are tax deductible: MEDICAL EXPENSES Expenses not reimbursed […]
Read More →Your business might generate a considerable amount of profit. But a good majority of that profit could be tied up in receivables, which doesn’t do you much good when it comes to you needing cash to cover your operating expenses. In this three part series, let’s talk about how you […]
Read More →Cash flow management is key to operating a successful business. At its simplest, cash flow management means cash IN quickly and cash OUT slowly. Follow these five practical steps to get your cash to serve you – rather than the other way around. Invoice immediately Once you’ve delivered a product or service, […]
Read More →There are many reasons why a business may feel to change their accountant: either your business has grown and changed, or your accountant’s business has. The process of changing your accountant is actually a relatively simple one, contrary to what you may believe. Switching accountants can be done with minimal […]
Read More →Is your current financial accounting system keeping you compliant? The consequences of a business not being compliant are huge. Not being compliant, not only mean you don’t get a tax clearance certificate from SARS or a letter of good standing from Compensation Fund. It has a serious domino effect – […]
Read More →Here we are, about to kick off 2018. What are your new year’s resolutions for your business? And what have you done to prepare and set your business up for a great 2018? In order to set powerful and purposeful goals for 2018, you first need to assess where you […]
Read More →Time is running out for non-provisional taxpayers to submit their tax returns. This category of taxpayers, which includes the majority of employed individuals, has until next Friday, 24 November to submit their tax returns via e-Filing. You basically have less than one week left! Provisional taxpayers – those individuals […]
Read More →If you speak to most construction companies, building contractors and manufacturing companies you’ll find that job costing is among their top business concerns. That’s not surprising. Successful job costing can mean the difference between a profitable business and one that struggles to stay alive. It’s not enough to know only […]
Read More →With the 2017 tax season opening in less than a month (1st July), you should be getting your IRP5 from your employer shortly. Have this on hand when filing your tax return. There are some common expenses, but sometimes overlooked, that are tax deductible: MEDICAL EXPENSES Expenses not reimbursed […]
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