Technological improvements are making it easier for taxpayers and accountants to file taxes on time and accurately, these include everything from tax preparation software to the very latest artificial intelligence (AI). Although tax professionals have been utilising artificial intelligence to some degree for some time, the industry has only just begun to explore the full […]
Category Archives: Latest News
28
Mar
Mar
If you live in a sectional title scheme, you are a member of a community that has a prescribed management structure that includes a body corporate and trustees – and often a managing agent. While many people are aware of the functions of a body corporate, they are often unaware of the real value a […]
24
Feb
Feb
If you are an owner or a shareholder in a small business about to be sold, you might be surprised to discover you may qualify for a R1.8 million exclusion on capital gains tax, although there are several criteria and considerations in order for your business to qualify for the exclusion. Qualifying criteria The exclusion […]
27
Jan
Jan
Sectional title property schemes have emerged as one of the top trends for 2023 with reports from bond originators showing that they have seen a “significant interest in sectional title properties in the past few years, accounting for between 37% and 44% of stock value” 1 and that almost a third of all property sales […]
13
Dec
Dec
The rise of modern technology and cloud computing has streamlined and simplified the process of financial outsourcing and more companies are realising it makes sense to partner with an experienced team of accountants for their financial needs. Outsourcing accounting is not a new concept and its many advantages are gradually making it the norm, rather […]
18
Nov
Nov
The beginning of the new year is the ideal time to get a new business off the ground. South Africa is renowned for its many prosperous start-up companies and entrepreneurs. Unfortunately for many people, the process of launching a business can seem too daunting or complicated. However, with the right guidance and support, you can […]
11
Oct
Oct
Today you can change the future for your family and your loved ones, simply by creating an estate plan that takes care of them, when you are no longer able to. Not many decisions you make today can have such far-reaching and positive outcomes – which makes your will one of the most important documents […]
03
Oct
Oct
The COVID-19 pandemic put great economic pressure on businesses across the world, and restructuring of companies in financial distress is on the increase globally. The term that is used for this is business rescue and in many cases, it is a far better option than liquidation. The best time for a company to commence business […]
07
Sep
Sep
As the pandemic loosens its grip on the world, the shift to remote working only seems to be growing stronger, with many companies embracing a hybrid approach. A Pew Research Centre survey found that 54% of U.S. employees would prefer to continue working remotely and a McKinsey survey of corporate business leaders show that 38% […]
27
Jul
Jul
The 2022 tax season is one of the shortest to date and will be over before you know it. The period to submit tax returns opened on 1 July 2022 and it is closing on 24 October 2022 for individual taxpayers who are not provisional taxpayers. So, make sure you don’t delay and are aware […]