Improved Cash Flow Management and Cost-Savings Enabled by Cloud-Based Systems There’s no denying the harrowing economic effects of COVID-19 in South Africa. Regardless of sector or size, all business owners are focused on ensuring their organisations’ short, medium and long-term survival. Thankfully, the same systems that enable remote working for the safety of individuals are…
Read MoreMany employers throughout South Africa are still grappling with the ins and outs of the Temporary Employer/Employee Relief Scheme (TERS). In this post, we answer your most frequently asked questions. What is TERS? TERS—the COVID-19 Temporary Employer/Employee Relief Scheme—is a unique benefit set up by The Department of Employment and Labour during the National…
Read MoreBackground COVID-19 has brought about unprecedented uncertainty in South Africa and in this article, we will discuss some of the material relief measures that have been instituted by the South African Government (the “Government”) to provide essential assistance to employers and employees of businesses impacted by COVID-19. Before we consider the nature and scope of…
Read MoreFinancial Audit: The Multi-Tasking Business Booster Historically, financial audits have carried the reputation of being “dreaded” and “burdensome”. Something you only complete if it is required by law. The idea of a voluntary audit seems absurd. Until you understand the multiple business benefits of an audit beyond legalities compliance. Audited financials show both the shareholders…
Read MoreBite-Sized Budget 2020/21 Take-Outs for Busy Businesses The budget speech has come and gone, but what it means for business is still baffling the best of us. While Finance Minister, Tito Mboweni, delivered some good news and some bad news, his speech mainly comprised proposals. At least, as far as the private sector was concerned.…
Read MoreWe watched from afar how COVID-19 tightened its grip on China and then spread even further at a staggering pace. Now, it’s in South Africa and our lives have changed radically in a matter of days. Most working South Africans are asking themselves: “Is it safe to go to work?” and many employers are worried…
Read MoreHow To Get The Ultimate Returns From Your Statutory Returns When you choose the right financial partner, you won’t just meet your statutory deadlines but derive exceedingly high value from them too. Exceed helps you submit sound returns, on time, and save on costs that you didn’t even realise you had! The Deadline Dilemma Ask…
Read MoreExceed (Cape Town) Inc.’s Bellville office attended an incredible fundraising initiative for Huis Jabes on the 14th of May. Huis Jabes is a safe-house for victims of domestic violence, focusing on women and children. There have been over 500 women and children move through this safe-house which is currently full to capacity. The fundraising evening…
Read MoreTax Threshold changes for Individuals The South African Revenue Service together with the newly appointed SARS Commissioner Edward Kieswetter announced a new filing threshold in June 2019. The threshold of individuals who are required to file tax returns was increased from R 350 000 to R 500 000. Requirements Individual taxpayers who meet all of the following…
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