by Bionic Chartered Accounting | Mar 26, 2024 | Business, Employment and Labour Law
“People are not your most important asset. The right people are.” (Jim Collins, author, speaker and consultant) Knowing whether to hire a freelancer or full-time employee for any particular role is vital for the successful running of a modern business. With budgets...
by Bionic Chartered Accounting | Mar 26, 2024 | Tax
“[The new requirements] enable… a more efficient process to make deductions available to qualifying donor taxpayers and to help prevent section 18A claims abuse.” (SARS) Public benefit organisations (PBOs) are engaged in public benefit activities for example religious...
by Bionic Chartered Accounting | Mar 26, 2024 | Tax
05 April – Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 April – VAT manual submissions and payments 29 April – Excise Duty payments 30 April – Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments...
by Bionic Chartered Accounting | Feb 27, 2024 | Business, Economy, Financial, Tax
“Our bigger challenge… is that our pie is not growing fast enough and this limits our ability to generate sufficient revenues to distribute among our priority areas.” (Finance Minister Enoch Godongwana – Budget 2024) Finance Minister Enoch Godongwana’s third Budget...
by Bionic Chartered Accounting | Feb 27, 2024 | Tax
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 implementing substantial increases in ‘sin’ taxes and introducing a proposed global tax on multinational...
Recent Comments