5 Things to Consider When Buying vs Leasing Equipment
As a business owner or financial manager one of the most important decisions you will make is whether to buy or lease the equipment your business needs to operate.
How to Save Big on Corporate Travel in 2025
Online meeting apps have absolutely boomed over the past few years. But in a post-COVID world, business travel is still an expensive necessity for many companies.
Disagree with SARS? Here’s How we Can Assist You
If you don’t agree with an assessment from SARS, swift action and careful management of the dispute process will maximise your chances of a favourable outcome.
6 Signs it Might be Time to Pivot
The biggest benefit of small businesses is their adaptability. It’s much easier for a small business to pivot and change course when things are going wrong.
The Enormous Benefits of Non-Profit Collaborations
A new year is often a time to rethink your strategy. One option you may not yet have considered is going into partnership with a charity or non-profit organisation.
What Your Balance Sheet Says About Your Business
A balance sheet is a vital financial report for a business, providing a snapshot of the company’s financial health by detailing its assets, liabilities and owners’ equity. These are also used to calculate important financial ratios.
Building a Business: Should You Bring in Funders or Go it Alone?
Building a small business on your own can be hard. It’s difficult to know just where each hour of work and precious cent should go to maximise growth. Product testing, marketing, website costs and infrastructure – these are not cheap and may be hard to put together all at once when starting out. This is why many turn to external investors for help.
Are You Ready for the Next Provisional Tax Deadline?
The second provisional tax deadline for the 2025 tax year is just days away (28 February 2025). It’s the trickiest and most important provisional tax deadline of the tax year, because the income estimates on which it’s based must be highly accurate. Estimates that don’t fall within 80 – 90% of your actual taxable income can expose taxpayers to a stiff 20% under-estimation penalty.
Why Email is Destroying Your Business (And How to Stop it)
In June 2019, Slack co-founder and CEO Stewart Butterfield declared that business email would be dead and buried within seven years. Now, six years later, email remains as strong as ever – despite the weaknesses Butterfield saw still being there.
Starting a New Business? Here Are the Tax Implications...
Starting a new business isn’t just a challenging undertaking. It also comes with a list of tax liabilities and administrative obligations. Not to mention an impact on the business owner’s personal tax affairs.
Tax Compliance in 2025: Help Is at Hand
3 Things You Have to Do to Position Your Business for Growth in 2025
In a world where market conditions and consumer preferences are constantly shifting, many business advisors tell leaders to be agile and adaptable if they want their businesses to succeed. While this can be effective, it’s even better for your business to already be positioned to take advantage of any changes that may occur.
Unlock the Benefits of an End-of-Year Company Review
An effective year-end business review can be a powerful tool for any firm. It identifies effective business processes and highlights areas for improvement, making it easier to formulate a solid plan for the upcoming year.
Can You Afford to Work Overseas? How Double Taxation Agreements Work
If you live in one country and work in another, you may already be aware of the threat of double taxation. Your country of residence may want to claim tax for the services it provides, while the country you work in may want their income taxes too. It’s a tricky scenario that changes depending on the specific circumstances.
Why Aren’t You Hitting Your Revenue Targets? 4 Hard Truths
Revenue targets are an essential business tool. They allow leaders, teams, and investors to track the performance and growth of a business across any given period of time. And they open up the possibility of forecasting, planning operations, and rewarding employees.
Global Corporate Tax Changes: Advice Is More Crucial Than Ever
There have been significant shifts in the corporate income tax landscape of late – not only in South Africa, but across the globe. The global minimum tax is a pertinent example. And although its immediate impact is on large multinationals, the changes could well benefit local businesses in the long term.
Not Another Lanyard! How To Make the Most of Promotional Gifts
Anyone who’s attended a conference or expo has been given a promotional gift. Usually, it’s a water bottle, a pen or, worse still, a branded lanyard. It’s got so bad that very few of us understand why they even exist, including the marketing teams themselves.
6 Ways to Make the Most of Your Employees’ Performance Reviews
With the end of the year around the corner, many businesses will be thinking of conducting their annual performance reviews. These discussions are essential for streamlining business operations and strengthening the bonds between team leaders and employees. But all too often they’re viewed as nothing more than a necessary evil by all involved.
Ready to Submit Your Interim EMP501 Reconciliation By 31 October?
Yes, yet another EMP501 reconciliation is due! That’s because not one, but two recons are due in each tax year. By 31 October, the interim EMP501 reconciliation for the last six months must be submitted, accurately and on time.
Five Signs It’s Time for a Rebrand
Marketing is a tricky game with ever-changing rules. When your marketing doesn’t seem to be working and you aren’t getting the results you want, it might be time to go back to the drawing board.
How To Avoid an eFiling Profile Hijacking
SARS eFiling profile hijackings are becoming an increasingly concerning and common hazard. Reports of this type of cybercrime have peaked in recent months and both individuals and businesses must take proactive steps to prevent an attack.
Business Owners: Have You Tried These Money-Saving Hacks?
Times are tough, so it’s only natural to look for ways to scale back and save money.
How to Survive Trust Tax Season 2024
Trustees take note! The 2024 Tax Season for trusts opens on 16 September this year and will close on 20 January 2025. During this time, all trusts – including dormant trusts – are required to submit income tax returns aligned with other SARS reporting requirements and accompanied by extensive supporting documents.
Is it Possible To Run a Successful Ethical Business?
There’s no denying that current economic conditions are not ideal. Tough times have forced many business leaders to make tough decisions.