Moving from Freelancer to Employer: The Complete Guide
Whatever your line of work, moving from solo-business or freelancer to taking on staff is a big choice usually prompted by steady demand you can’t handle on your own.
Whatever your line of work, moving from solo-business or freelancer to taking on staff is a big choice usually prompted by steady demand you can’t handle on your own.
To offer taxpayers a way to settle outstanding tax debt swiftly and to regularise their tax affairs on more favourable terms, SARS has launched an expedited tax debt compromise process.
Helping others should be the simplest thing in the world, but the truth is there’s a lot more red tape than you might expect. You’re just trying to run a community project, but then you’re told you need to register as an NPO, but everyone’s calling you an NGO, your accountant says it might help to become an NPC and your donors are asking if you’re a PBO.
Finding time to relax is difficult in today’s fast-paced business world. Taking leave over the holidays may seem like a luxury, a weakness, or even an impossibility.
Extending payment terms to 30, 60 or 90 days may feel like a smart business decision – but beneath the surface these terms could be draining your company more than you realise.
Leading a business is time-consuming. There are myriad distractions vying to take your attention away from your core role of growing the business.
Trust Tax Season 2025 opened in September and SARS has already issued reminders to trustees that all trusts, including those that are not economically active, must file a tax return before 19 January 2026.
The end of the year is the perfect time to wrap up loose ends, assess your business's performance, and prepare for a successful year ahead.
Up-to-date management accounts can track performance, reveal trends and highlight opportunities, ultimately enabling better decisions and stronger growth.
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.
Many founders believe that sacrificing their own salary is a noble way to keep the lights on.
Many entrepreneurs assume business finance is all about pure logic. But behavioural research tells us a completely different story.
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.
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”.
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.
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.
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.
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.
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.
The scrapping of the proposed VAT increase in Budget 3.0 resulted in a budget shortfall, necessitating alternative sources of funding.
While most businesses focus on funding or tangible assets, true value often lies in intellectual capital.
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.
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.