Accounting

March 25, 2025

Accrual vs. Cash Accounting for Your Business: Which One Is Best?

When deciding between accrual and cash accounting for your business in South Africa, it’s important to understand the differences and how each method may affect your […]
March 17, 2025

Every Contract Has a Tax Consequence

When drafting a contract, ignoring tax will often be to your peril. Every single contract in terms of which money or property changes hands has tax […]
March 17, 2025

Handling Payroll for Freelance Workers in South Africa

Managing payroll for freelance workers involves a few key points, including understanding legal requirements, setting clear payment structures, and using the right tools. Here’s a practical […]
February 24, 2025

Expenses Must Be Intended to Produce Taxable Income

To successfully deduct an expense, there must be a link to earning taxable income. Section 11(a) of the Income Tax Act, the so-called ‘general deduction formula’, […]
February 24, 2025

Five Expensive Payroll Errors

These common PAYE errors could cost you dearly with SARS. With SARS continually seeking to increase its revenues however it can, organisations with misconceptions about how […]
February 24, 2025

Tax and Retrenchment: A Potential Minefield

Retrenchment can be extremely taxing … in more ways than one! Being retrenched is a traumatic experience regardless of your place on the corporate totem pole. […]
January 27, 2025

Capital Gains Tax Considerations for Retiring Small Business Owners

Retirement for small business owners is not simply a case of handing in your resignation letter and having a big party at which the company presents […]
November 17, 2024

Testamentary Trusts Still Have Their Place

How you can protect your assets from predators—including SARS, TRUSTS HAVE received a lot of bad press over the past few years, what with SARS taking […]
November 17, 2024

Mastering Record Keeping: How to Meet SARS’s Electronic Documentation Standards

Too often, taxpayers seem to forget that the most important aspect of dealing with SARS is to ensure that they can discharge their burden of proof. […]
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