Shareholders and directors need to familiarise themselves with the implications of having a director’s loan account in their companies. Especially – when the balance sits on the wrong side of the trial balance. The colourful SME landscape in South Africa is characterised by many thriving entrepreneurial enterprises. Astoundingly, these successful
Calculating a company’s Public Interest Score (PI score) should be a two-minute exercise for any SME company. The term has however managed to intimidate and confuse many small business owners. We’d love to shed some light on the topic and summarise what you need to know. Why your Company’s Public
Deciding on the right corporate structure, is a head-scratcher that most people wrestle with when starting out their new business. The different options can be quite overwhelming and often, entrepreneurs just need someone to break it down for them. Our CEO, Marnus Broodryk, shared his insights on the matter in
There’s nothing more discouraging than receiving an additional assessment on a VAT refund submitted to SARS. It’s even more heart-breaking when the assessment was issued due to invalid supporting documentation submitted to SARS. This could be as trivial as small detail missing on a tax invoice. Unfortunately, that petty detail
Over the last year, many South Africans have been caught up in the bitcoin frenzy. Some made millions with cryptocurrencies, while others lost so much – it hurt. Fact is – there were many early birds who caught the biggest worms. And boy, it was one hell of a winning
The 2018 tax season for individuals opens on 1 July 2018 and serves as a reminder that we’re flying towards the end of the year. Whether you’re a first-timer, or an old hand when it comes to submitting an income tax return: Take three minutes to make sure you’re not
Sales growth is the underlying force that propels the success of our companies. It’s the one thing we all have in common – we need business to survive. Recently, our firm realised that many of our clients are hungry for advice on how to boost sales. In this blog, we’d
If you’re a business owner, then we would like to know what your accounting needs are. Answer the following 5 questions and you can win a Nespresso Coffee Machine. Why we doing this? To improve our own service offering and also to help business owners and other accountants to better
Many employers relate to the struggle of keeping their employees happy. Let’s face it – in the end, money talks louder than the occasional free lunch. Unfortunately, massive employee bonuses and increases are often reserved for the real big players in the industry. We get that. So in this blog,
Looking to start 2017 on the right foot, it’s vital that you create a clear plan for your company’s growth. “It’s safe to say that 2016 has been a bit of a mixed bag. From Donald Trump’s shock US election win, and the subsequent hit to the Rand, to the
