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Categories
Category Archives: Business
4 good reasons not to mix your business and personal finances
Freelancers, tradesman and other self-employed people easily fall into the trap of tangling their business and personal finances. Not only does this expose the business to several risks, it also creates a bookkeeping problem by failing to account for business … Continue reading
The Importance of ethical behaviour
For citizens, even for those of us with no aspirations in a career in law enforcement, morality and integrity are important characteristics to demonstrate. We instinctively know that it is good to be moral and act with integrity, but by … Continue reading
Posted in Business
Tagged Ethical Behaviour, Ethics, Integrity, Morality
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Kom ons kyk terug na korporatiewe beheer
Die einde van 2019 het aangebreek. Ons het dit dus goedgedink om ʼn kort opsomming vir u te gee van die belangrike onderwerpe wat gedurende die jaar aangeraak is. CIPC JAARLIKSE OPGAWES In terme van Artikel 33 van die Maatskappywet … Continue reading
Posted in Business
Tagged beheer, beslote, CIPC, korporatiewe
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7 Ways to make better decisions
We all make decisions every day. But as you become responsible for more people or projects, your decisions become weightier. It can be difficult to trust that you’re making the best choice. Here are some strategies to consider. Look at … Continue reading
Does your SME owe SARS money?
Many entrepreneurs and business owners live in fear of the South African Revenue Services (SARS). In most cases, this fear is compounded by a lack of knowledge and failure to understand what is required. Yet most of the anxiety – … Continue reading
Choosing between IFRS and IFRS for SMEs
Over the last few years we have seen various changes being made with regards to the IFRS (International Financial Reporting Standards) accounting framework. These include new standards such as IFRS 15 (revenue), IFRS 9 (financial instruments) and IFRS 16 (leases), … Continue reading
Posted in Business
Tagged Company's Act, IFRS, SMEs
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Income vs revenue in the sale of shares
The distinction between amounts of a capital nature as opposed to a revenue (or income) nature is essential, and over the years, few other topics have enjoyed so much attention in our tax courts. Although most taxpayers appreciate this distinction, … Continue reading
Posted in Business
Tagged Income Tax Act, Profits, taxpayers
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Thinking outside the box in your Business
What does this term mean? It refers to the approach to a certain aspect, or in this case, your business. This term can also be clarified by referring to it as creative thinking, unconventional thinking or an approach from a … Continue reading
THE PSYCHOLOGY OF ETHICAL BEHAVIOUR
In a country where unethical behaviour and blatant corruption by political and business leaders seem to be the norm, more and more people are asking what causes it and how it can be prevented. Dr Renate Scherrer What it means … Continue reading
THINKING OF SELLING AN ASSET?
What happens when you sell an asset?When you sell or dispose of an asset, you either realise a profit or a loss from the exchange. When you realise a profit, you are subject to pay capital gains tax (CGT) on … Continue reading