Posts Tagged ‘sars’
SARS auto-assessments
How does auto-assessments work? It is an automatic assessment issued by SARS to taxpayers whose tax affairs are less complicated. SARS will use data received from employers, medical schemes, banks, retirement annuity funds and others. That data will be used to calculate and generate your income tax assessment, with no input form the taxpayer. The…
Read MoreThe Complete Checklist for Starting A Business
South Africa is known for its many inspiring and prosperous start-up companies and entrepreneurs. Starting your own business has many rewards, but unfortunately for some, the journey ends with the idea of being an entrepreneur because the process of launching a business may seem too daunting or complicated. However, with the proper guidance and support,…
Read MorePreparing Your Company for Financial Year-End
Financial Year End (FYE) can be an overwhelming and stressful time for a business. For most companies in South Africa, the new fiscal year has only just begun and thinking of FYE may be something you only plan to do again in a few months’ time. However, being prepared and consistent with your financial records…
Read MoreAccountant vs Bookkeeper: What does my business need?
As a business owner starting an enterprise, you tend to manage all aspects of your new venture, including the finances. But as the company grows, you find yourself in need of assistance with various accounting tasks. Employing the services of a financial professional for your company is vital; however, do you need an accountant or…
Read MoreThe value of choosing a knowledgeable tax consultation partner
Having to contend with complicated tax paperwork is not what most business owners would describe as their favourite pastime. However, getting your tax submissions done correctly and efficiently by a tax consultation partner can significantly impact your company’s success. Rather than neglecting this aspect, businesses will greatly benefit from appointing a competent and expert tax…
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