News
Corporate Taxpayers: Hello Tougher SARS Verifications
"Any taxpayer can be selected by SARS for verification for the purpose of proper administration of tax, including on a risk basis." (SARS) Companies must, within 12 months of their financial year-end, submit to SARS an Income Tax Return for Companies (ITR14), as well...
Quiet Quitting and How to Prevent It
“Quiet quitting” isn’t laziness...When they don’t feel cared about, people eventually stop caring. If you want them to go the extra mile, start with meaningful work, respect, and fair pay.” – (Adam Grant, organizational psychologist and speaker) The idea of the...
Your Tax Deadlines for September 2023
7 September - Monthly Pay-As-You-Earn (PAYE) submissions and payments 28 September - Excise Duty payments 29 September – End of the 2nd Financial Quarter, Value-Added Tax (VAT) electronic submissions and payments, CIT Provisional payments where applicable....
Tax Season 2023 Now Open – What’s New and What’s Not
“The submission of accurate personal income tax returns on time is important for a seamless filing season. Taxpayers must take control of their own tax affairs to ensure they are aware of their obligations and remain compliant.” (SARS Commissioner Edward Kieswetter)...
The True Cost of an Employee
“The value of a business is a function of how well the financial capital and intellectual capital are managed by human capital.” (Dave Bookbinder, author) There are a lot of factors that go into working out the true cost of an employee. According to the US Small...
Tips for Getting out of Business Debt
“Borrowing isn't inherently bad; it depends a lot on what the debt is financing” (Stephen Moore, writer and economic commentator) Taking on debt can be a good thing for a company. It can fund expansions, help you seize market share or diversify offerings. Handled...