Tax Season: What you need to know

July 1st is a reminder that that SARS Tax season has officially begun. But what does that mean for you and your tax affairs? Who pays Tax? Anyone who carries on a trade (employed or self-employed), earns income from different sources must submit an Income Tax Return....

We are in a recession…what now?

The news that South Africa has slipped into a recession was confirmed with the release of the GDP figures from Stats SA on the 6th of June 2017. But what does that mean for you and your business? What is a recession? The generally accepted definition for a recession...

Does your business need a website?

  Your website is the starting point for your marketing efforts Any small business needs to spend on marketing. From flyers to ads in the newspaper, there are many different ways to market your business. But, they will all not be effective if you don’t have a...

Turnover Tax: What you need to know

SARS introduced Turnover Tax for micro enterprises, to reduce the burden and make it easier for micro businesses to meet their tax obligations. They have combined Income Tax, VAT, Provisional Tax, Capital Gains Tax and Dividends Tax into one Turnover Tax. Micro...