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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 [...]
Financial management – how much is enough?
In the last blog, we looked at the operating costs of the business. We understood that these are the fixed costs of running the business that needs to be covered every month by the sales. [...]
The 9 Hats of an Entrepreneur – Parent
Any business owner who has children will know the challenges that arise. To be honest, working from my home office, even though it is separate it still presents huge issues when the kids are home [...]
Pay AS You Earn (PAYE)
Pay As You Earn (PAYE) is employees tax that all income earners are by law supposed to pay. The South African Revenue Service (SARS) has a threshold income for PAYE which is reviewed every tax year. According to law, an [...]