Many people and businesses may be unaware that on 15 January 2021, the President approved the Rates and Monetary Amounts and Amendment of Revenue Laws Act No.22 of 2020, the Taxation Laws Amendment Act No. 23 of 2020 and the Tax Administration Laws Amendment Act No.24 of 2020. These Acts were all promulgated on 20 […]
27
Jan
Jan
Taxpayers are under increased pressure with the economic downturn and the impact of COVID-19. As a result of this, many are lodging tax disputes with SARS and are urgently awaiting tax refunds to help ease financial pressures. Claiming your refund Unfortunately, the South African Revenue Service (SARS) has been slow to refund many taxpayers and […]
10
Dec
Dec
With social distancing and working from home becoming the norm in 2020, it was a year when the accounting world saw a major shift towards technology and automation. Cloud accounting technology was embraced by many businesses who benefitted from immediate real-time access to their financial information, even when employees were working at home for months. […]
19
Nov
Nov
Without a doubt, this has been one of the most challenging years in recent times, with concerns about health and mortality taking centre stage globally. In times like these, topics like estate planning come to the fore. Creating a comprehensive estate plan that deals with your assets and provides for your loved ones after your […]
15
Oct
Oct
Record-low interest rates in South Africa have made investing in property an easy choice for investors looking to buy property to diversify their financial portfolios. However, buying property is only half of the equation. If your property is to bring you the financial gains you are looking for, it’s recommended that you have it managed […]
16
Sep
Sep
From the 1st of September, tax payers who did not accept SARS’s auto assessment can now file their returns. Non-provisional taxpayers have until 16 November 2020 to submit their returns and provisional taxpayers have until 31 January 20201. Many individuals who are now working from home have raised the issue of the ‘home office’ and […]
25
Aug
Aug
As the world embraces the new normal of remote working, more and more businesses are realising the value of online accounting software to help them manage the financial side of their companies. Over one million subscribers are already using Xero Accounting Services to stay on top of their finances and deliver high integrity accounting. Today […]
29
Jul
Jul
A professional property management company, like the EA Group can make all the difference to the profitability of your real estate investment, especially as owners and landlords face heightened challenges during the COVID-19 pandemic – with many renters defaulting and refusing to honour their lease agreements. Problems like these can be avoided if an experienced […]
23
Jun
Jun
COVID-19 has accelerated many business trends predicted for 2020 and beyond. These include an increased digital focus with more businesses working remotely and outsourcing. Outsourcing is not a new concept, but with businesses pairing down their office footprints and reducing their budgets, it is fast becoming the smart way to work. Here are some sound […]
28
May
May
Now more than ever businesses are looking at flexible working solutions that enable them to work remotely. Technology innovation is driving massive changes in accounting with cloud accounting solutions, which allow businesses to handle their accounting and finances from home, the office or anywhere in the world. The EA Group specialises in cloud accounting solutions […]