Disclaimer: The information provided herein should not be used or relied on as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your professional adviser for specific and detailed advice. © CA(SA)DotNews
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Ten Often-Overlooked Ways Your Accountant Can Help Your Business
“If you talk to a top accountant about his field of expertise, it’s mind-boggling.” (Vincent Kompany, professional football manager and former player) Accountants are the tax and compliance champions of any industry, but the best ones do so much more for their clients, as strategic advisors and trouble-shooters who can also assist with automating a… Continue reading Ten Often-Overlooked Ways Your Accountant Can Help Your Business
Directors: Prepare and Submit Your Company’s Beneficial Ownership Register
“The lack of adequate, accurate and up-to-date beneficial ownership information facilitates money laundering and terrorist financing by allowing criminals to hide their true identities, and the true purpose and/or source or use of funds.” (Financial Intelligence Centre – FIC) South Africa’s grey listing by the Financial Action Task Force (FATF) earlier this year and the… Continue reading Directors: Prepare and Submit Your Company’s Beneficial Ownership Register
How to Prepare for a Possible Electricity Blackout
“Eskom plays a critical role in the life of South Africa, and life of South Africans. Due to its important role in the economy, its inability to provide electricity on demand and on time is a crisis.” (President Cyril Ramaphosa) The South African Reserve Bank’s Financial Sector Contingency Forum (FSCF) has recently encouraged South African… Continue reading How to Prepare for a Possible Electricity Blackout
Is Your Information Safe With SARS?
“Confidentiality of taxpayer information has always been a fundamental cornerstone of tax systems… taxpayers need to have confidence that the often-sensitive financial information is not disclosed inappropriately, whether intentionally or by accident.” (Organisation for Economic Co-operation and Development – OECD) The confidentiality of taxpayers’ information has recently come under the spotlight in South Africa. This… Continue reading Is Your Information Safe With SARS?
Your Tax Deadlines for July 2023
Disclaimer: The information provided herein should not be used or relied on as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your professional adviser for specific and detailed advice. © CA(SA)DotNews
How to Use AI to Improve Your Small Business
“The amount of work we can automate with AI is vastly larger than before. As leaders, it is incumbent on all of us to make sure we are building a world in which every individual has an opportunity to thrive.” (Andrew Ng, Co-founder and lead of Google Brain) Artificial Intelligence has come a long way… Continue reading How to Use AI to Improve Your Small Business
New Trustee Duties: More Admin, Impossible Deadlines and Hefty Penalties
“A trustee has a responsibility to guard the assets of others with a higher degree of care than he does his own.” (John Ashcroft) Onerous new duties have recently been imposed on all trustees of all trusts – by government through legislative amendments, and also by SARS – in addition to their existing fiduciary duty… Continue reading New Trustee Duties: More Admin, Impossible Deadlines and Hefty Penalties
When to Say No to an Opportunity (or a “Barnacle”)
“The difference between successful people and really successful people is that really successful people say no to almost everything.” (Warren Buffet, Investor) Anyone who has ever started a business knows the feeling a new enquiry can generate. The excitement that things seem to be working, may make the new entrepreneur set aside their concerns and… Continue reading When to Say No to an Opportunity (or a “Barnacle”)
Can the R&D Tax Incentive Benefit Your Business?
“The government expects that, by encouraging companies to undertake R&D in South Africa, local companies will strengthen their capabilities of developing value-added products, technologies and services.” (Department of Science and Innovation (DSI) – South Africa) Research and development (R&D) is essential to boost innovation in the business sector, as it improves the capability to develop… Continue reading Can the R&D Tax Incentive Benefit Your Business?