Management Accounts: A Strategic Tool for Business Success
Up-to-date management accounts can track performance, reveal trends and highlight opportunities, ultimately enabling better decisions and stronger growth.
Adapt or Suffer: How to Keep Your Business Afloat in a Changing Climate
Climate change is real, and failing to prepare is guaranteed to have devastating consequences. According to the World Economic Forum, climate-related risks are now ranked among the most severe global threats to business stability, and every business will need to take steps to minimise the impact.
Salary Sacrifice: Why Founders Should Always Pay Themselves
Many founders believe that sacrificing their own salary is a noble way to keep the lights on.
This Halloween, Stay Safe From eFiling Profile Hijackings
The Emotion-Based Money Decisions That Could Be Costing Your Business
Many entrepreneurs assume business finance is all about pure logic. But behavioural research tells us a completely different story.
Top Complaints Against SARS – And How We Help You Avoid Them
The most common complaints against SARS (unsurprisingly, delayed refunds are at Number 1) are referred to as ‘systemic issues’ because they impact so many taxpayers.
What's the Difference Between a Bookkeeper and an Accountant?
If you want to scale your business, you need to know the numbers. But many entrepreneurs still treat financial roles like interchangeable parts. “I’ve got a bookkeeper, so I’m covered,” they say. Worse still: “My accountant only helps me with my taxes”.
Company Directors Take Note: Complying with Your Duties is a Big Deal
Directors who are not compliant with their legislated duties (which were amended again recently) face serious consequences, including civil liability and criminal liability that could result in fines and even prison time – or both.
6 Ways to Maximise Your Revenue Through Smarter Networking
Networking isn't just about showing up, shaking hands and trading a few business cards. If it’s done well, it's a direct path to new clients, improved sales and potentially, real business growth.
SARS’ Crypto Crackdown Intensifies with Dedicated Crypto Unit
Did you know that tax is payable on crypto asset transactions? SARS has intensified its focus on crypto asset trading recently, significantly improving its capacity to detect crypto activity and non-compliance with advanced analytics, extensive data-sharing arrangements with crypto exchanges, and a dedicated Crypto Asset Unit.
Busting the Accounting Myths That are Burying Your Business
Accounting isn’t just something to worry about during tax season. It’s the engine room of every decision you make, from whether you can hire, to when you should scale.
Business Hack: How to Better Define Your Target Market
Failing to understand your ideal customer, wastes time, energy and resources. According to a report by CB Insights, 42% of startups fail because there is no market need. In other words, many companies are failingsimply because they didn't define or validate their target audience properly.
How Funding Budget 3.0 Will Impact You: Project AmaBillions
The scrapping of the proposed VAT increase in Budget 3.0 resulted in a budget shortfall, necessitating alternative sources of funding.
Don’t Let Your Best Ideas Go: Why You Must Protect Your Intellectual Capital
While most businesses focus on funding or tangible assets, true value often lies in intellectual capital.
Budget 3.0: VAT Increase Out, Fuel Levy Hikes In
Last month’s Budget 3.0 withdrew the contentious proposed VAT changes. This resulted in inflation-linked fuel levy increases of 16c for petrol and 15c for diesel, from 4 June.
How to Untangle Your Personal and Business Finances
In the life cycle of every small business or start-up, one early trap catches many founders off guard: failing to separate personal and business finances.
Youth Day: How Businesses Can Benefit from the ETI
Youth Day on 16 June is a great time to consider the advantages of employing young people in your business – and to find out how SARS’ Employment Tax Incentive (ETI) can assist your company to do this at a reduced cost.
5 Tips for Helping Your Employees Through a Crisis
As a business owner, at some stage you will inevitably be asked to help an employee through a crisis in either their personal or professional life. How you respond to their bereavement, financial difficulties or workplace meltdown, will directly affect your other employees and your company culture.
Tax Avoidance vs Tax Evasion: Toeing the Line
There’s a thin line between tax avoidance, which is legal, and tax evasion, which is a tax crime. Every taxpayer, corporate or individual, has the right and duty to ensure they don’t pay any more tax than what is legally required – but tax evasion can result in hefty penalties and even jail time.
Zen and the Art of Fostering Job Stability in an Uncertain World
Today’s work environment is fast-paced, unpredictable and ever-changing. Between the gig economy, retrenchments and the transformations brought about by AI and other technologies, studies are now showing that the traditional 9-to-5 job is no longer viewed as being a stable way of life.
This Workers’ Day, Look After Your Business' Greatest Asset
Workers’ Day acknowledges the contributions of workers and recognises the importance of upholding their rights. But celebrating workers is not just a government initiative. It’s a forward-thinking approach to labour relations that is increasingly embraced by progressive companies around the world.
The 5 Cognitive Biases That Could Sink Your Business
Running a business requires leaders to make hundreds of decisions each year. Some of these are small and inconsequential. But others have the power to affect the company’s future, determine the happiness of its customers and impact the lives of all its employees.
Mind The Tax Gap! Here’s How…
Increased funding allocated in Budget 2025 will enable SARS to zoom in on an estimated R800 billion in unpaid taxes in South Africa, including a substantial so-called “tax gap” of uncollected taxes. For taxpayers, this means more scrutiny, enquiries, verifications, and audits – and more stringent debt collection measures.
5 Tips for Using Reviews to Boost Your Business
In the history of business, little has been as effective in making or breaking sales as customer reviews. With Google now placing increasing relevance on tracking and promoting companies with genuine good reviews, this has never been truer than it is now.