BLOG
Financial Management – Two eyes are better than one
During this last week, we were asked to put together a report for a client, comparing the actual expenditure to date against the agreed budget. We pulled the actual information from the accounting package and [...]
When not to file a tax return
It’s one of the most asked questions when it comes to taxes: Do I really need to file a tax return? Most people would turn to the SARS website to find out what the authority [...]
Government ironing out details for rollout of R2bn SMME and Innovation fund
Due to the complaints by the citizens about banks and financial institution's refusal to support the SMME's proposals as they consider them as risky ventures irrespective of the brilliance. The National Treasury and the Department [...]
Google Duplex: the future is here
Google has released their new Artificial Intelligence platform dubbed Google Duplex. The key aspect of this application is to relieve us humans of mundane tasks that can easily be done by a smart computer giving [...]
Financial Management – The SARS piece of the pie
Income tax is the bane of our business and personal existence, but as upright citizens, we have to pay it. And the time of payment creeps up on us unexpectedly at least twice a year. [...]
Is accounting only a matter of debits and credits
Often times some businesses do not value the importance of bookkeeping and accounting. Statements like bookkeepers do not bring the money so I can do without one are often heard. What most business owners fail [...]
Financial Management – The price of borrowing
In the profit and loss statement, there is a category of costs we haven’t yet discussed. These are the financing costs. They are a separate section of costs as they are not generated by the [...]
File Returns or else….
Having received SARS’ current press release declaring non-submission of tax returns a crime, I realised it is quite possible to live an innocent life without stealing from anyone but find oneself at the wrong end [...]