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Companies: How to Manage Your Greater Tax Risk in 2021

Companies: How to Manage Your Greater Tax Risk in 2021

by Bionic Chartered Accounting | Jan 14, 2021 | Tax

“If you think compliance is expensive – try non-compliance.” (Paul McNulty, former US Deputy Attorney General) The extent of corporate taxes – from income tax, employment taxes and value added tax (VAT) to dividend taxes, capital gains taxes,...
Five Mistakes to Avoid When Investing Offshore

Five Mistakes to Avoid When Investing Offshore

by Bionic Chartered Accounting | Jan 14, 2021 | Financial

“An investment in knowledge pays the best interest” (Benjamin Franklin) It can be tempting to look at South Africa and the bad news that seems to hit us like freight trains one after another, and immediately consider moving all your money offshore. There is however...
What Should You Do If a Creditor Tries to Liquidate Your Business?

What Should You Do If a Creditor Tries to Liquidate Your Business?

by Bionic Chartered Accounting | Jan 14, 2021 | Business Rescue, Insolvency / Liquidation

Due to the recession, there are a rising number of local companies in financial distress and facing threats or applications from creditors to liquidate their businesses. The latest Statistics South Africa (StatsSA) figures released in November show that the total...
The Way Forward: More Virtual Meetings?

The Way Forward: More Virtual Meetings?

by Bionic Chartered Accounting | Jan 14, 2021 | Business

“Any sufficiently advanced technology is indistinguishable from magic” (Arthur C. Clarke, English science writer and inventor) Virtual meeting platforms have their pros and cons, but the standout advantages seem to be their cost effectiveness, time saving...
Your Tax Deadlines for January 2021

Your Tax Deadlines for January 2021

by Bionic Chartered Accounting | Jan 14, 2021 | Tax

7 January – PAYE submissions and payments25 January – VAT manual submissions and payments28 January – Excise Duty payments29 January – VAT electronic submissions and payments29 January – CIT provisional payments Disclaimer: The...
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