Author Archives: Primorial Solutions

Use This SARS Incentive to Bring Young People into Your Business

“The employment tax incentive is aimed at encouraging employers to hire young and less experienced [...]

How to Implement Effective Leadership Development in your Business

“Leadership and learning are indispensable to each other.” (John F. Kennedy) The world of work [...]

Quick Tips for Preventing Time Fraud

“Fraud and deceit are anxious for your money. Be informed and prudent” (John Andreas Widtsoe, [...]

Employers: Your COIDA Return of Earnings Deadline is 30 June 2024

“The Compensation Fund is mandated to provide social security to the injured-on-duty employees and those [...]

Your Tax Deadlines for June 2024

07 June – Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 June – Value-Added Tax (VAT) [...]

Your Employer Annual Declaration is Due by 31 May

“Failure by an employer to comply with its obligations does not only harm that employer [...]

How and When to Save a Struggling Start-Up

“Failure is simply the opportunity to begin again, this time more intelligently.”- (Henry Ford, founder of [...]

Beneficial Ownership Registers – Now Mandatory with CIPC Annual Returns

“It is imperative that ALL companies and close corporations ensure compliance with the beneficial ownership [...]

Five Things You Need to do After the CIPC Hack

“The Internet is a worldwide platform for sharing information. It is a community of common [...]

Your Tax Deadlines for May 2024

07 May – PAYE submissions and payments 24 May– Value-Added Tax (VAT) manual submissions and [...]

Have Your Own Budget Shortfall? Here’s What to Do…

“The cold, harsh reality is that we have to balance the budget.” (Michael Bloomberg, former [...]

Price Your Products for Profit with these Psychological Strategies

“Find the right price for an irresistible offer, which, by the way, isn’t necessarily the [...]

Freelancer vs Employee: How to Decide

“People are not your most important asset. The right people are.” (Jim Collins, author, speaker and [...]

Donating to a PBO? Check SARS’ New Requirements (and PBOs Note Your New 31 May Deadline)

“[The new requirements] enable… a more efficient process to make deductions available to qualifying donor [...]

Your Tax Deadlines for April 2024

05 April – Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 April – VAT manual submissions [...]

Budget 2024: How It Affects You and Your Business

“Our bigger challenge… is that our pie is not growing fast enough and this limits [...]

Budget 2024: Your Tax Tables and Tax Calculator

Budget 2024 effectively brought an increase in personal income tax by not adjusting the tables [...]

Things to Look for When Buying a Small Business

“It’s far better to buy a wonderful company at a fair price, than a fair [...]

The Five Skills Your Business Needs to Cultivate in 2024

“The only thing worse than training your employees and having them leave is not training [...]

Your Tax Deadlines for March 2024

07 March – Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 March – VAT manual submissions [...]

Provisional Tax: Are You Ready for the Crucial 29 February Deadline?

“Provisional tax is merely a mechanism to pay the normal income tax liability during the [...]

These Invoicing Tips Could Save Your Business

“Never take your eyes off the cash flow because it’s the lifeblood of business” (Sir [...]

Build Your Team Stronger This Year

“Great things in business are never done by one person. They’re done by a team [...]

Adapt or Die: How to Develop a Digital Transformation Strategy

“At least 40% of all businesses will die in the next 10 years… if they [...]

Your Tax Deadlines for February 2024

07 February – Monthly Pay-As-You-Earn (PAYE) submissions and payments 23 February – Value-Added Tax (VAT) [...]

2024: Best Year Yet for Your Business?

“The best way to predict the future is to create it.” (Peter Drucker) Facing what may [...]

How to Survive Ongoing High Interest Rates in 2024

“Inflation is bringing us true democracy. For the first time in history, luxuries and necessities [...]

How to Achieve Tax Compliance Throughout 2024

“SARS is willing and ready to assist taxpayers who want to be compliant. Where taxpayers [...]

Why January is the Perfect Time to Start a Business

“The way to get started is to quit talking and begin doing.” (Walt Disney) Whether [...]

Your Tax Deadlines for January 2024

05 January – Monthly Pay-As-You-Earn (PAYE) submissions and payments 24 January – End of Filing [...]

Corporate Gifting: How to Boost Your Business This Festive Season

“A real gift comes attached with ribbons, not strings.” (Raymond C Nolan) Most clients, suppliers [...]

Festive Season Gifts for Employees? Here’s How SARS Will Tax Them

“Think of giving not as a duty but as a privilege.” (John D. Rockefeller Jr.) [...]

How to Write a One-Page Business Plan

“If you do not know where you are going, every road will get you nowhere.” [...]

9 Tips for Catching CV Liars

“No man has a good enough memory to be a successful liar” – Abraham Lincoln, [...]

Your Tax Deadlines for December 2023

7 December – Monthly Pay-As-You-Earn (PAYE) submissions and payments 28 December – Excise Duty payments [...]

Employee Incentives That Really Work for Small Businesses

“Always treat your employees exactly as you want them to treat your best customers.” (Stephen [...]

SARS Admin Penalties: What Taxpayers Can Do

“…imposing administrative non-compliance penalties is to ensure the widest possible compliance with the provisions of [...]

The Hidden Costs of Starting a Business

“There are only two things in a business that make money – innovation and marketing, [...]

Dispute with SARS? Here are the New Rules…

“The importance of the ability of taxpayers to challenge the legality of actions and decisions [...]

Your Tax Deadlines for November 2023

7 November – Monthly Pay-As-You-Earn (PAYE) submissions and payments 29 November – Excise Duty payments [...]

The Risky New Trust Landscape – What Trustees Need to do Now

“The common assumption is that trusts are some kind of tax panacea…Then, conversely, from a [...]

Tips for Pacing Business Growth for Sustainability

“Growth is never by mere chance; it is the result of forces working together” – [...]

Why the Four-Day Working Week Just Might Happen

“We need to do a better job of putting ourselves higher on our own ‘to-do’ [...]

Don’t Fall Prey to the Most Common Cybercrimes!

“The bottom line is that cyber risks sit right alongside rising systemic risks, and is [...]

Your Tax Deadlines for October 2023

6 October – Monthly Pay-As-You-Earn (PAYE) submissions and payments 30 October – Excise Duty payments [...]

Using a “Risk Matrix” to Risk-Proof Your Business

“Don’t be fearful of risks. Understand them, and manage and minimize them to an acceptable [...]

Common Tax-Related Criminal Offences, and How to Avoid Them…

“The difference between tax avoidance and tax evasion is the thickness of a prison wall.” [...]

Corporate Taxpayers: Hello Tougher SARS Verifications

“Any taxpayer can be selected by SARS for verification for the purpose of proper administration of tax, including on [...]

Quiet Quitting and How to Prevent It

“Quiet quitting” isn’t laziness…When they don’t feel cared about, people eventually stop caring. If you [...]

Your Tax Deadlines for September 2023

7 September – Monthly Pay-As-You-Earn (PAYE) submissions and payments 28 September – Excise Duty payments [...]

Tax Season 2023 Now Open – What’s New and What’s Not

“The submission of accurate personal income tax returns on time is important for a seamless [...]

The True Cost of an Employee

“The value of a business is a function of how well the financial capital and [...]

Tips for Getting out of Business Debt

“Borrowing isn’t inherently bad; it depends a lot on what the debt is financing” (Stephen [...]

SARS Warning: Beware Scam Emails!

“The backbone of any successful phishing attack is a well-designed spoofed email or spoofed website, [...]

Your Tax Deadlines for August 2023

7 August – Monthly Pay-As-You-Earn (PAYE) submissions and payments 30 August – Excise Duty payments [...]

Your Tax Deadlines for August 2023

7 August – Monthly Pay-As-You-Earn (PAYE) submissions and payments 30 August – Excise Duty payments [...]

Ten Often-Overlooked Ways Your Accountant Can Help Your Business

“If you talk to a top accountant about his field of expertise, it’s mind-boggling.” (Vincent [...]

Directors: Prepare and Submit Your Company’s Beneficial Ownership Register

“The lack of adequate, accurate and up-to-date beneficial ownership information facilitates money laundering and terrorist [...]

How to Prepare for a Possible Electricity Blackout

“Eskom plays a critical role in the life of South Africa, and life of South [...]

Is Your Information Safe With SARS?

“Confidentiality of taxpayer information has always been a fundamental cornerstone of tax systems… taxpayers need [...]

Your Tax Deadlines for July 2023

7 July – Monthly Pay-As-You-Earn (PAYE) submissions and payments 28 July – Excise Duty payments [...]

How to Use AI to Improve Your Small Business

“The amount of work we can automate with AI is vastly larger than before. As [...]

New Trustee Duties: More Admin, Impossible Deadlines and Hefty Penalties

“A trustee has a responsibility to guard the assets of others with a higher degree [...]

When to Say No to an Opportunity (or a “Barnacle”)

“The difference between successful people and really successful people is that really successful people say [...]

Can the R&D Tax Incentive Benefit Your Business?

“The government expects that, by encouraging companies to undertake R&D in South Africa, local companies [...]

Your Tax Deadlines for June 2023

Disclaimer: The information provided herein should not be used or relied on as professional advice. [...]

How You and Your Business Can Benefit from SARS’ Solar Tax Breaks

“The lack of reliable electricity supply is the biggest economic constraint… I am pleased to [...]

Affordable Ways to Reap the Benefits of Engaged Employees

“Always treat your employees exactly as you want them to treat your best customers.” (Stephen [...]

Setting Up Your Finances in a New Business

“A house built on granite and strong foundations, not even the onslaught of pouring rain, [...]

Happy Tax Freedom Day!

“In 2022 South Africa had the 12th highest income tax burden, the 9th highest company income tax [...]

Your Tax Deadlines for May 2023

5 May – Monthly Pay-As-You-Earn (PAYE) submissions and payments 30 May – Excise Duty payments [...]

Why (and How) to Submit Skills Development Reports by 30 April

“We need to give importance to skill development because this way we can end unemployment.” [...]

5 Business Plan Mistakes to Avoid

“Proper business planning demands that you focus on the self-interest of the customer at all [...]

UDZ Tax Incentive Extended: Could Your Business Benefit?

“…governments internationally have increasingly used tax measures to support efforts aimed at regenerating urban areas.” [...]

Tips for Generating Customer Trust as a Start Up

“Consumers don’t just buy products and services anymore; they buy experiences. This demands a new [...]

Your Tax Deadlines for April 2023

1 April – Start of the 2022/23 Financial Year 6 April – Monthly Pay-As-You-Earn (PAYE) [...]

Budget 2023: How It Affects You and Your Business

“This is not an austerity budget. It is a budget that makes tough trade-offs in [...]

Budget 2023: Your Tax Tables and Tax Calculator

The big Budget Speech 2023 tax news was the introduction of tax incentives for investing [...]

How To Prepare a Reliable Disaster Recovery Plan

“The time to prepare for disasters is before they happen” (Stephen Matheson, Vice President of [...]

Five Essential Bookkeeping Tips for Small Businesses

“Making good judgements when one has complete data, facts, and knowledge is not leadership – [...]

Effective 1 March 2023: New Earnings Threshold and National Minimum Wage

Employers and employees need to keep an eye on the annual increases in both the [...]

Your Tax Deadlines for March 2023

7 March – Monthly Pay-As-You-Earn (PAYE) submissions and payments  30 March – Excise Duty payments [...]

Ignoring an Online Review Could be Catastrophic for Your Business!

“Your most unhappy customers are your greatest source of learning” (Bill Gates) If you have [...]

Maximise Your Business Travel Tax Deduction

“Without a logbook, you will not be able to claim a travel deduction.” (SARS Travel [...]

Loadshedding: Survival Tips for Small Businesses

“We want to assure business that by the time you get back to work in [...]

How the New Assessed Loss Tax Limitation Works

“People who complain about taxes can be divided into two classes: men and women.” (Unknown) [...]

Budget 2023: The Minister of Finance Wants to Hear from You!

“Finally, we pay tribute to the millions of South Africans, whose resilience and courage during [...]

Start 2023 Strong with the “Fresh Start Effect”

“We change our tools and then our tools change us.” (Jeff Bezos) Every January, individuals [...]

The Financial Steps You Need to Take Before You Open Your New Business

“Good fortune is what happens when opportunity meets planning,” – Thomas Edison You have your [...]

The Importance of Maintaining Your Tax Compliance Status in 2023

“Being tax compliant… is not just good for you, but also contributes to the positive [...]

How to Know if You Need an Office for Your Business (and How to Make the Most of a Lease if You Do)

“In business, you don’t get what you deserve, you get what you negotiate,” Chester Karrass, [...]

Your Tax Deadlines for January 2023

Disclaimer: The information provided herein should not be used or relied on as professional advice. No [...]

The Why and the How of Annual Price Increases

“Pricing power is important in business. You want your business to have the ability to [...]

Simple Communication Tips to Boost Your Profitability

“Communication is a skill that you can learn. It’s like riding a bicycle or typing. [...]

What is the Metaverse and How Will It Impact Your Business?

“Metaverse isn’t a thing a company builds. It’s the next chapter of the internet overall” [...]

Your Tax Deadlines for December 2022

Disclaimer: The information provided herein should not be used or relied on as professional advice. No [...]

Selling Your Business – Plan Well, with a Tax Benefit When You Retire

“A diligent buyer will want up to five years’ worth of profit and loss statements, [...]

Business Loan or a Credit Facility – Which Is Right for Your Business?

“I would borrow money all day long, if the cost of borrowing is less than [...]

SARS Can Take Money from Your Account! Here’s How to Prevent It…

“[Taxpayers] should give at least the same priority to tax obligations as their other responsibilities.” [...]

Don’t Let Fraud Infect and Damage Your Company

“In a way, fraud in business is no different from infidelity in marriage or plagiarism [...]