Monthly Archives: September 2015

SEPARATING BUSINESS AND PERSONAL EXPENSES (PART 2): HOW DO YOU DO IT?

Part 1 in this series of articles discussed the most important reasons why business and private expenses should be kept separate. Just to recap, the two main reasons for separating business and private expenses are the following: If the business … Continue reading

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EMPLOYER INTERIM RECONCILIATION

In the past SARS required the Employer Reconciliation to be done every twelve months. A few years ago SARS introduced the Employer Interim Reconciliation in addition to the annual Employer Reconciliation. The Employer Interim Reconciliation have the same requirements as … Continue reading

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APPOINTMENT OF THE EXECUTOR OF MY WILL

This is a subject which causes more and more discussion and people become more knowledgeable about Executor’s fees and how it is calculated. As mentioned in previous articles, the maximum Executor’s fee is fixed by law. The current maximum permissible … Continue reading

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FINANCIAL RATIOS: WHAT DO THEY MEAN? (Part 3)

Ratio analysis can be used when financial information needs to be simplified to make it possible to interpret and compare the information. Banks often do ratio analysis when they need to decide whether to lend money to a client or … Continue reading

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