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The Five Skills Your Business Needs to Cultivate in 2024

“The only thing worse than training your employees and having them leave is not training them and having them stay.” – (Henry Ford, Founder, Ford Motor Company) In a world where everything seems more expensive today than it was yesterday training and advancement of staff can seem of lesser importance. As an increasing number of… Continue reading The Five Skills Your Business Needs to Cultivate in 2024

Budget 2024: How It Affects You and Your Business

“Our bigger challenge… is that our pie is not growing fast enough and this limits our ability to generate sufficient revenues to distribute among our priority areas.” (Finance Minister Enoch Godongwana – Budget 2024) Finance Minister Enoch Godongwana’s third Budget Speech in an election year contained few surprises, but also little in the form of… Continue reading Budget 2024: How It Affects You and Your Business

Budget 2024: Your Tax Tables and Tax Calculator

Budget 2024 effectively brought an increase in personal income tax by not adjusting the tables for tax rates, rebates and medical tax credits, while also implementing substantial increases in ‘sin’ taxes and introducing a proposed global tax on multinational companies. This selection of official SARS Tax Tables and other useful resources will help clarify your… Continue reading Budget 2024: Your Tax Tables and Tax Calculator

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Your Tax Deadlines for March 2024

07 March – Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 March – VAT manual submissions and payments 27 March – Excise duty payments 28 March – End of the 2023/24 Financial year, Value-Added Tax (VAT) electronic submissions and payments, & CIT Provisional payments where applicable. Disclaimer: The information provided herein should not be used or relied… Continue reading Your Tax Deadlines for March 2024

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Provisional Tax: Are You Ready for the Crucial 29 February Deadline?

“Provisional tax is merely a mechanism to pay the normal income tax liability during the tax year… an advance payment of a taxpayer’s normal tax liability.” (SARS) To provisional taxpayers, especially those who are liable for provisional tax in both their personal capacities and as business owners, it may well seem that there are endless… Continue reading Provisional Tax: Are You Ready for the Crucial 29 February Deadline?

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Build Your Team Stronger This Year

“Great things in business are never done by one person. They’re done by a team of people.” (Steve Jobs) There are many benefits to having a great team, and these have been backed up by scientific research around the world. These include, for example: Improved productivity, with thousands of employees noting that having the respect of… Continue reading Build Your Team Stronger This Year

Adapt or Die: How to Develop a Digital Transformation Strategy

“At least 40% of all businesses will die in the next 10 years… if they don’t figure out how to change their entire company to accommodate new technologies.” John Chambers, former CEO of Cisco Systems) Around the boardroom tables of the world, one thing is on every agenda – digital transformation. From global conglomerates to… Continue reading Adapt or Die: How to Develop a Digital Transformation Strategy

Your Tax Deadlines for February 2024

07 February – Monthly Pay-As-You-Earn (PAYE) submissions and payments 23 February – Value-Added Tax (VAT) manual submissions and payments 28 February – Excise Duty payments 29 February – CIT Provisional Tax payments 29 February – PIT Provisional Tax payments 29 February – Value-Added Tax (VAT) electronic submissions and payments Disclaimer: The information provided herein should not… Continue reading Your Tax Deadlines for February 2024

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