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10 Ways to ensure you have a successful business

10 Ways to ensure you have a successful business

Every entrepreneur and business owner wants to own a successful and profitable business, but it's not always clear how to get there. We have compiled a list of some critical aspects that should be in place for you to call your business successful. 1. Earning a profit...

6 Practical Steps to POPI Compliance

6 Practical Steps to POPI Compliance

South Africa's Protection of Personal Information Act (POPIA) finally came into full force on 1 July 2020 except for two provisions, sections 110 and 114(4), which will only commence on 30 June 2021. While the Act has been put into operation incrementally since April...

The Importance of Proper Tax Planning 

The Importance of Proper Tax Planning 

It is not forbidden in South African tax law to minimize your tax payable. The principle of tax structuring forms part of our common law and our Income Tax Act has a section dealing with transactions that are solely entered into for tax evasion. To understand the...

Ten Money Mistakes To Avoid

Ten Money Mistakes To Avoid

Most of us are financially savvy. We rather pack a lunch instead of buying it at the cafeteria, save money for the yearly holiday and buy items when on sale. Being on top of your finances, however, consists of more than just these basics. Make sure you do not fall...

SARS Filing Season 2020 for Individuals

SARS Filing Season 2020 for Individuals

Due to the Covid-19 pandemic, SARS is currently enhancing its efforts to simplify the tax return filing requirements for individual taxpayers and removing the need to travel to their branches in 2020. Through the increased use of third-party data, SARS will be...

11 Ways To Overcome Uncertainty

11 Ways To Overcome Uncertainty

The current situation surrounding the COVID-19 pandemic has left us with much uncertainty about our future, jobs, finances, home situation, health and education to name but a few. A lot of the difficulty dealing with the situation is because our brains are hardwired...

Salary Structuring to Ensure Optimal Tax Benefit

Salary Structuring to Ensure Optimal Tax Benefit

There is nothing wrong with Tax structuring of an employee’s salary. South African Income Tax Case Law confirms that it is fine to structure an employee’s remuneration to pay as little as possible Tax. Structuring an employee’s package can also not be subject to the...

Drowning In Debt Is Not The Answer

Drowning In Debt Is Not The Answer

Supplementing household income with credit products such as loans and credit card purchases to make ends meet is a devastating and demoralizing reality for far too many consumers. Millions of consumers are in financial dire-straights and have trouble keeping up with...

How to avoid harsh penalties during Provisional Tax Season

How to avoid harsh penalties during Provisional Tax Season

Provisional Tax season can become a nightmare if you fail to submit your return and payment timeously and accurately. Non-payment, late payment or insufficient payment may lead to you being charged with penalties and interest. February is provisional tax season. Don’t...

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