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Categories
Monthly Archives: May 2016
DUE DATES PUBLISHED FOR SUBMITTING ANNUAL AND INTERIM EMPLOYER RECONCILIATIONS
On 15 April 2016 the Commissioner for the South African Revenue Service (SARS) announced the due dates whereby employers are required to finalise and submit their annual and interim Employer Reconciliation declarations to SARS. The notice, published on 15 April … Continue reading
Posted in Business
Tagged Annual, Commissioner, Reconciliation
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THRESHOLD REGISTRATION REQUIREMENT FOR THE SKILLS DEVELOPMENT LEVY
We have recently become aware of an increased level of audits being conducted by the South African Revenue Service in relation to taxpayers’ obligations in terms of the Skills Development Levies Act, 9 of 1999 (SDL Act). The focus appears … Continue reading
Posted in Auditing
Tagged Remuneration, SARS, Tax
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FINANCIAL ASSISTANCE AND THE COMPANIES ACT
One of the more significant changes that the “new” Companies Act, 71 of 2008, brought about was that a company may now provide financial assistance to prospective shareholders to subscribe for shares in that company. In other words, it may … Continue reading
Posted in Finance
Tagged Assistance, Companies, Subscription
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DO YOU USE A MONTHLY FINANCIAL CHECKLIST? IF NOT, YOU MIGHT MISS SOMETHING IMPORTANT
The primary purpose of business is to generate positive cash flow and make a profit, both of which are determined by two factors: money coming into the business and money going out of the business. As long as the money … Continue reading
Posted in Finance
Tagged business, Check list, Grow
Comments Off on DO YOU USE A MONTHLY FINANCIAL CHECKLIST? IF NOT, YOU MIGHT MISS SOMETHING IMPORTANT