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. A balance sheet is essential reading for all stakeholders, including businessowners, managers, lenders and investors, as it offers valuable […]
What Your Balance Sheet Says About Your Business Read More »
Increasingly, South Africans are acquiring foreign assets – investments, bank accounts, properties and the like. If that applies to you, you’ve no doubt wondered whether your local South African will is enough to cover all your assets globally, or if it only applies to your local assets? Even if it does apply globally, should you
Do You Need a Second Will for Your Overseas Assets? Read More »
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
Are You Ready for the Next Provisional Tax Deadline? Read More »
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. With our friendly and professional assistance, even the busiest business owners can complete a comprehensive annual business review. We’ll collate
Unlock the Benefits of an End-of-Year Company Review Read More »
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
Can You Afford to Work Overseas? How Double Taxation Agreements Work Read More »
Year-end is a great time to get started on your estate planning, or to update your existing plan if you already have one. Family is top of mind, there’s more time to think and plan, and somehow it just feels right to get everything in order before the new year and its fresh set of
Estate Planning: Why it Matters, and How To Get Started Read More »
November’s here once more (can you believe it?), and with it, employees’ rising hopes for a 13th cheque or year-end bonus. However, not all businesses can afford to meet these expectations, and this often leads to frustration and disputes. Each year, the CCMA sees cases where employers and employees clash over unpaid bonuses. We explore
Employers: It’s November Again. Must You Pay 13th Cheques? Read More »
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. Here are
6 Ways to Make the Most of Your Employees’ Performance Reviews Read More »
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. This and other pivotal
Global Corporate Tax Changes: Advice Is More Crucial Than Ever Read More »
Times are tough, so it’s only natural to look for ways to scale back and save money. Retrenchments and cutting down on marketing are both popular solutions. But there are many more effective ways to save money, restructure cash flow and put your business on a healthier footing. Here are five hacks that you could
Business Owners: Have You Tried These Money-Saving Hacks? Read More »
