News
Loadshedding: Survival Tips for Small Businesses
"We want to assure business that by the time you get back to work in January, we will have a much more stable situation." (Public Enterprises Minister, Pravin Gordhan, December 7, 2018) With loadshedding now a constant reality in our lives and Eskom and the government...
How the New Assessed Loss Tax Limitation Works
"People who complain about taxes can be divided into two classes: men and women." (Unknown) The assessed loss rules have always allowed companies to deduct from their taxable income each year any assessed losses from previous years. The remaining assessed loss...
Budget 2023: The Minister of Finance Wants to Hear from You!
“Finally, we pay tribute to the millions of South Africans, whose resilience and courage during these times of pandemic and economic hardship, is an inspiration to all of us who have the privilege to serve in the public sector.” (From the 2022 Budget Speech) Finance...
Your Tax Deadlines for February 2023
7 February - Monthly Pay-As-You-Earn (PAYE) submissions and payments 27 February - Excise Duty payments 28 February - Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments where applicable. Disclaimer: The information provided...
Start 2023 Strong with the “Fresh Start Effect”
“We change our tools and then our tools change us.” (Jeff Bezos) Every January, individuals and businesses have an opportunity to take advantage of what is called the “Fresh Start Effect” – referring to research evidence that shows people are more likely to make...
The Financial Steps You Need to Take Before You Open Your New Business
“Good fortune is what happens when opportunity meets planning,” - Thomas Edison You have your idea, you have your mission statement and perhaps you even have an idea of who your first customers will be, but there are still a few things you should consider doing before...