How to improve the Cash Flow of your Business to secure its survival
The current situation in South Africa has many business owners worried about their cash flow situation. Getting through the next few weeks or even months is crucial to maintain a stable financial situation in South Africa. Cash is King, and this has never been truer...
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
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...
Clarity on Financial Emigration and the New Expat Tax Amendment
Financial emigration is currently a hot topic due to the new amendments to the Income Tax Act, which is set to come into effect from 1 March 2020. Many South African citizens reap the benefits from the Act as it is stipulated at this stage, but it is important to...
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...