7 February Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 February Excise Duty payments 25 February Value-Added Tax (VAT) manual submissions and payments 28 February Value-Added Tax (VAT) electronic submissions and payments, PIT & CIT Provisional Payments where applicable. Disclaimer: The information provided herein should not be used or relied on as professional advice. No liability can […]
05
Jan
Jan
“The implied policy rate path of the Quarterly Projection Model indicates an increase of 25 basis points in the fourth quarter of 2021 and further increases in each quarter of 2022, 2023 and 2024.” (Lesetja Kganyago, SARB Governor) After cutting interest rates by 275 basis points to record lows in response to the economic crisis […]
05
Jan
Jan
“It is equally important to know if we have a happy and engaged workforce as it is to have a profitable bottom line.” (Vern Dosch, Wired Differently) Managing any workforce, but particularly a large one across many units, sometimes in multiple countries, is far from easy. From your staffing levels and scheduling to making sure […]
05
Jan
Jan
“… the OTO commits to continue doing everything possible to ensure that taxpayers are not forced to pay a cent more than what is required.” (Judge Bernard Makgabo Ngoepe, the Tax Ombud) The list of the top 10 complaints made against SARS over the last eight years to the Office of the Tax Ombud (OTO), […]
05
Jan
Jan
“Human resources isn’t a thing we do, it’s the thing that runs our business” (American real estate developer, Steve Wynne) An effective employee benefit strategy is more of an advantage to an employer than may at first meet the eye. Although providing benefits naturally comes at a price, it also comes with substantial benefits, plus you stand to […]
05
Jan
Jan
7 January Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 January Value-Added Tax (VAT) manual submissions and payments 28 January End of Filing Season 2021 for Individuals (Provisional) and Trusts 28 January Excise Duty payments 31 January Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments where applicable Disclaimer: The information provided herein should not […]
01
Dec
Dec
“Think of giving not as a duty but as a privilege.” (John D. Rockefeller Jr.) Christmas is a time for giving, and in our local business environment, as well as in many other markets around the world, it may even be unofficially expected of companies to give generously to their employees, to their clients and […]
01
Dec
Dec
“Cyber Attack: An attack, via cyberspace, targeting an enterprise’s use of cyberspace for the purpose of disrupting, disabling, destroying, or maliciously controlling a computing environment/infrastructure; or destroying the integrity of the data or stealing controlled information.” (CSRC – Computer Security Resource Center) South African businesses, already facing significant risk of cyberattacks, have been warned to […]
26
Nov
Nov
“Success in a hybrid work environment requires employers to move beyond viewing remote or hybrid environments as a temporary or short term strategy and to treat it as an opportunity” (Vice President of Gartner, George Penn) The gradual transition from the conventional office environment to a remote, tech-savvy workforce has been topical in various industries […]
26
Nov
Nov
“As much as you might love running your business, you must have an end-goal in the plan. At the very least, an exit strategy keeps you from turning your business into a glorified job – working from home, but with longer hours.” (Kevin J. Donaldson) A new year beckons, and you may be thinking that […]
26
Nov
Nov
2 December – Extended filing season deadline for non-provisional individual taxpayers (originally 23 November 2021) 7 December – Monthly Pay-As-You-Earn (PAYE) submissions and payments 24 December – Value-Added Tax (VAT) manual submissions and payments 30 December – Excise Duty payments 31 December – Corporate Income Tax (CIT) Provisional Tax payments where applicable 31 December – […]
27
Oct
Oct
“The hardest thing in the world to understand is the income tax” (Albert Einstein) A year after the first mass auto-assessments were issued by SARS in 2020, many more taxpayers are facing the 2021 tax season deadline of 23 November – just days away! Read on to find out what has changed since last year, […]
27
Oct
Oct
“The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital… the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy” (John F. Kennedy) Since October 2001 South African tax residents have been liable for capital gains tax […]
27
Oct
Oct
“Almost overnight the internet has gone from a technical wonder to a business must” (Bill Schrader) No matter the size of your business or what industry you are in, building and maintaining an effective website should be at the heart of all your planning. The internet has become an essential part of everyday life and […]
27
Oct
Oct
“Cloud is about how you do computing, not where you do computing” (Author and former CEO of tech company VMware, Paul Maritz). “Working in a cloud” favours companies of all sizes, specialising in different trades, and allows them to manage their work according to their own preferences of operations. The “cloud” is simply a server […]