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9 Key Metrics Every Business Should Track

9 Key Metrics Every Business Should Track

by Bionic Chartered Accounting | Sep 28, 2022 | Business

“If you can’t measure it, you can’t improve it.” (Peter Drucker) Metrics are defined as a set of numbers that give information about a particular process or activity. In a business context, a metric is a quantifiable measure used to...
Are You Claiming Your Full Tax Relief for Disability-Related Medical Expenses?

Are You Claiming Your Full Tax Relief for Disability-Related Medical Expenses?

by Bionic Chartered Accounting | Sep 28, 2022 | Tax

“South Africa is aligned with the practice in many other countries of granting tax relief for medical expenditure.” (SARS) In South Africa, tax relief for medical expenses is provided through a medical tax credit system. This means the tax relief is provided as a tax...
How The Gig Economy Is Changing Traditional Businesses

How The Gig Economy Is Changing Traditional Businesses

by Bionic Chartered Accounting | Sep 28, 2022 | Business

“If you’re trying to create a company, it’s like baking a cake. You have to have all the ingredients in the right proportion” (Elon Musk) The move to the gig economy has been in the works for years. Even before the pandemic people were leaving their...
Your Tax Deadlines for October 2022

Your Tax Deadlines for October 2022

by Bionic Chartered Accounting | Sep 28, 2022 | Tax

7 October – Monthly PAYE submissions and payments25 October – VAT manual submissions and payments28 October – Excise Duty payments31 October – Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments....
Recession on the Horizon: Here’s How to Survive

Recession on the Horizon: Here’s How to Survive

by Bionic Chartered Accounting | Aug 30, 2022 | Business, Economy, Uncategorized

“During recession greed dies, frugality survives.” (Amit Kalantri, Wealth of Words)  With yet another return of loadshedding in August, and major banks upgrading their forecasts to reflect an increased possibility of further economic downturns, recession feels...
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