07 August – Monthly Pay-As-You-Earn (PAYE) submissions and payments 23 August – Value Added Tax (VAT) manual submissions and payments 29 August – Excise duty payments 30 August – VAT electronic submissions and payments, Corporate Income Tax Provisional payments where applicable, and Personal Income Tax Provisional payments. Disclaimer: The information provided herein should not be used… Continue reading Your Tax Deadlines for August 2024
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7 Effective Business Lessons Inspired by Madiba
“We can in fact change the world and make of it a better place.” (Nelson Mandela) Rolihlahla Mandela was born into the Madiba clan in Mvezo, Transkei, on 18 July 1918. He was given the name Nelson by a teacher on his first day at school. Affectionately known as Tata, grandfather of the Rainbow Nation,… Continue reading 7 Effective Business Lessons Inspired by Madiba
How to Breeze Through a SARS Audit
“The aim of a tax audit is to determine if the taxpayer has complied with the relevant legislation administered by SARS.” (SARS) During a tax audit, SARS examines financial statements, accounting records and supporting documents to check if you or your business correctly declared your tax position on a tax return. If you didn’t submit a… Continue reading How to Breeze Through a SARS Audit
5 Top Employee Retention Strategies
“People want to know they matter and they want to be treated as people. That’s the new talent contract.” (Pamela Stroko, Vice President, HCM Transformation & Thought Leadership at Oracle Corporation) Any business leader knows that hiring the best team possible is the first step to success, so it stands to reason that keeping them… Continue reading 5 Top Employee Retention Strategies
Is Venture Capital Right for Your Business?
“One of the fun things about venture capital is you are constantly learning new ideas and strategies from one business and then applying them to others.” (Joe Lonsdale, technology entrepreneur and investor) At its simplest, the term Venture Capital (VC) simply refers to capital that’s invested in any business or project where there’s an element… Continue reading Is Venture Capital Right for Your Business?
Your Tax Deadlines for July 2024
05 July – Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 July – Value-Added Tax (VAT) manual submissions and payments 30 July – Excise Duty payments 31 July – Corporate Income Tax (CIT) Provisional Tax payments 31 July – Value-Added Tax (VAT) electronic submissions and payments. Disclaimer: The information provided herein should not be used or relied… Continue reading Your Tax Deadlines for July 2024
Use This SARS Incentive to Bring Young People into Your Business
“The employment tax incentive is aimed at encouraging employers to hire young and less experienced work seekers.” (SARS Employers ETI Guide) With Youth Day celebrations around the corner, business owners have an opportunity not only to consider unlocking the benefits of having young workers in their teams, but also to make a difference to South… Continue reading Use This SARS Incentive to Bring Young People into Your Business
How to Implement Effective Leadership Development in your Business
“Leadership and learning are indispensable to each other.” (John F. Kennedy) The world of work is changing, rapidly. With more teams made up of diverse people from a wide variety of locations, leadership these days has become less about personal relationships and more about managing across distance and effective organisation. Leaders in this world need… Continue reading How to Implement Effective Leadership Development in your Business
Quick Tips for Preventing Time Fraud
“Fraud and deceit are anxious for your money. Be informed and prudent” (John Andreas Widtsoe, scientist, author and religious leader) While accountants have become adept at spotting and preventing financial fraud simply by analysing a company’s books, there is another kind of fraud that needs alert leadership, record keeping and careful analysis to completely snuff… Continue reading Quick Tips for Preventing Time Fraud
Employers: Your COIDA Return of Earnings Deadline is 30 June 2024
“The Compensation Fund is mandated to provide social security to the injured-on-duty employees and those who contracted diseases at the workplace.” (Compensation Fund Annual Report 2021/2022) By law, all employers are compelled to register for COIDA (Compensation for Occupational Injuries and Diseases Act No. 130 of 1993) within 7 days of employing their first employee.… Continue reading Employers: Your COIDA Return of Earnings Deadline is 30 June 2024