Actions count, not words
In the words of the Tax Ombudsman, Judge Bernard Makgabo Ngoepe “We will be judged by what we do here and now…and not necessarily by what we ought to have
Systems of Internal Control
Management is responsible for implementing a system of internal control, and these controls should be designed to ensure reasonable, rather than absolute, certainty in regards to the reliability of the
How to Improve Risk Management in Your Business
Risk management has become increasingly popular in the past twenty years. It is also a corner stone of good governance. Despite this increased focus, businesses are still being blindsided by
Directors: Fighting Corruption via Your Social and Ethics Committee
State Capture and the recent high-profile corruption scandals in the private sector are behind the new CIPC (Companies and Intellectual Property Commission) “Guideline for the Corporate Compliance Programme”, and we
What Is a Valuation Worth? The Art of Valuing Assets and Businesses
Valuing a business or assets may become necessary or beneficial at any time, but it is particularly important when buying or selling. So what is valuation all about? Is a
Be Aware Of the Changes to VAT on Electronic Services
New regulations coming into effect on 1 April 2019 will considerably widen the application of VAT to electronic services. Firstly, the definition of “Electronic Services” has been substantially broadened and
Deemed Accruals Can Seriously Disrupt Your Cash Flow – A Tax Lesson for Property Developers
Managing your cash flow is fundamental to the success of any business, and a recent Supreme Court of Appeal judgment addresses one particular threat that all taxpayers should heed. The
Cloud Based Accounting: Ideal For Your Small Business?
As a small business you want your accounting software to do the job quickly, securely and cost-effectively, making you as competitive as possible against big business. We discuss how the
Beware the New Corporate Income Tax Penalties! And Your Tax Deadlines For November
There are only run-of-the-mill tax deadlines for November but companies need to take note of a new warning from SARS that it will be imposing administrative penalties from December 2018
Is Your Problem With SARS A Systemic Issue? If So, Speak To the Tax Ombud
Are you struggling in your dealings with SARS? If so, you aren’t alone, and the good news is that the Tax Ombud may be able to help. We’ll start off