When starting up any form of business, it is imperative to ensure that you conform to all government regulations and processes. This is one ruling you don’t want to fall short on, as it can be to the detriment of all the hard work that you put into your business. Tax is one of those bylaws.
As online technology becomes increasingly important, it’s time to cash out of the old ways and adapt to the new ones. The internet has completely changed the way that businesses operate. As with all things technology, the early adopters or first movers will get the most benefit from this change.
When considering emigrating, it is vital to ensure that your tax affairs are in order with SARS and that you understand the ins and out of the tax emigration process. You will need to obtain an emigration tax clearance certificate that will verify that your taxes are up-to-date.
The plans are made, and the costing is done now it’s time to put your money where your mouth is. Whether for that much-needed expansion and growth idea for your business or to finance that new venture, you need to look to raise that capital? Firstly, it is important to determine some influential business factors such as your credit score, the financial status of your business, any accessible collateral and the period you have been in business before approaching a loan institution…
The saying goes, “the world is your oyster” but be cautious that if not approached informatively, your world can turn into your disaster. The prospect of taking your services or products abroad can be a very exciting possibility and will denote a wealth of benefits from increased sales, exposure and more opportunities.
When stepping into the exciting realm of entrepreneurship, it is imperative to have a good handle on the accounting side of the business. This is a pivotal approach to adapt for safeguarding the business’s financial decisions and commitments.
Whether from an altruistic perspective or to comply too their Broad-based Black Economic Empowerment (B-BBEE) requirements, donating to charities through corporate social investments undertakings will assist communities by filling the gaps that government grants & aids don’t reach.
For those assiduous taxpayers who receive an income other than a salary or remuneration, on which no income tax has been deducted, the Receiver of Revenue will consider them as provisional taxpayers.
The approach to your payroll management process is the most important aspect of any business as it directly impacts the workforce and stability of a company.
Does just the thought of gathering together and making balancing sense out of all those cash slips accumulating in the bottom drawer the last month sending you into a sweaty state? We’re here to help.