Newsletter
Annual Employer Tax Recon Due End May
"Only accountants can save the world — through peace, goodwill, and reconciliations." (Unknown) Employers are legally required to submit their EMP501 reconciliation with accurate and up-to-date payroll and tax information (including valid Income Tax Reference Numbers)...
“Invisible Work”: 3 Labour-Intensive Things Customers Will Never Pay For
"There is nothing so useless as doing efficiently that which should not be done at all." (Peter Drucker, Author of “The Effective Executive”, 1966) “Invisible work” is the non-value-added tasks that act as a hidden tax on your profit and growth. It is the friction...
The 40% Rule: Do You Have Too Many Eggs in One Basket?
"Don’t put all your eggs in one basket." (Idiom) Most founders track revenue growth. Fewer track where that revenue comes from. Client concentration risk arises when a single customer, or a small cluster of customers, accounts for a disproportionate share of revenue....
Selling Your Business to Retire? Get This Tax Relief!
“A small business is an amazing way to serve and leave an impact on the world you live in.” (Nicole Snow) Small business owners looking to sell their business or interest in a business as part of their retirement planning will be glad to know that meaningful tax...
February Provisional Tax Deadline: How to Avoid Stiff Underestimation Penalties
February Provisional Tax Deadline: How to Avoid Stiff Underestimation Penalties“February Provisional Tax Deadline: How to Avoid Stiff Underestimation Penalties Provisional tax is among the most confusing aspects of the tax regime – and it’s also the most heavily...
So, You Want to Diversify? You Might Be Making a Mistake
So, You Want to Diversify? You Might Be Making a Mistake“Any intelligent fool can make things bigger and more complex. It takes a touch of genius, and a lot of courage, to move in the opposite direction.” (Statistician and economist, E.F. Schumacher) Diversification...
Your Year-End Tax Checklist: Smart Moves Before 28 February
Your Year-End Tax Checklist: Smart Moves Before 28 February“The avoidance of taxes is the only intellectual pursuit that still carries any reward. (John Maynard Keynes) 1. Boost your retirement savings Contributing to a Retirement Annuity (RA) before 28 February can...
Why Doing Nothing May Be the Best Thing You Can Do
Why Doing Nothing May Be the Best Thing You Can Do“The difference between successful people and really successful people is that really successful people say no to almost everything.” (Warren Buffett) In a world where constant activity is seen as progress, the real...
NPO? NGO? NPC? PBO? What’s the Difference Anyway?
NPO? NGO? NPC? PBO? What’s the Difference Anyway?“A rich man without charity is a rogue; and perhaps it would be no difficult matter to prove that he is also a fool." (Henry Fielding, English writer and judge) Across the country, tens of thousands of groups run...
Outstanding Tax Debt? SARS’ Expedited Debt Compromise Ends 31 December 2025
Outstanding Tax Debt? SARS’ Expedited Debt Compromise Ends 31 December 2025“The South African Revenue Service is always ready to assist taxpayers to fulfil their legal obligations.” (SARS) Acknowledging that taxpayers often find it difficult to settle tax debt due to...