As a business owner, being blindsided by some highly damaging event is going to be costly, perhaps even fatal. Yet the world as a whole seems to be moving towards increasing unpredictability in all sorts of ways. How can you manage that risk? We discuss some practical ideas on improving your risk management generally, with […]
How to Improve Risk Management in Your Business Read More »
Budget 2019 is important for our economy as a whole, and we must hope that Finance Minister Tito Mboweni’s “It is time for us to sow the seed of renewal and growth” presages a new era of prosperity for us all. But how does Budget 2019 affect you and your business in a practical sense?
What does Budget 2019 mean for you? Read More »
It’s an all-too-common problem these days. You, or perhaps someone else you are trying to help, want to buy property before prices start ticking up, and are lucky enough to find the right entry-level house at the right price. But you (or they) just can’t afford it. But take heart, all is not necessarily lost.
Buying Your First Home with a Government Subsidy Read More »
Having to write off bad debt is one thing – having to pay in even more money for the privilege is just adding insult to injury. Yet that is exactly the danger you face if one of your debtors is sequestrated or liquidated (we start off by explaining the different terminology) and you prove your
Are you struggling in your dealings with SARS? If so, you aren’t alone, and the good news is that the Tax Ombud may be able to help. We’ll start off with a look at what types of issues the Ombud can assist taxpayers with, and at the hoops you normally have to jump through before
Is Your Problem With SARS A Systemic Issue? If So, Speak To the Tax Ombud Read More »
As a small business you want your accounting software to do the job quickly, securely and cost-effectively, making you as competitive as possible against big business. We discuss how the technological revolution is reducing your costs, and we look at what “cloud accounting” is and how it works. It may or may not suit your
Cloud Based Accounting: Ideal For Your Small Business? Read More »
Companies need to take note of a new warning from SARS that it will be imposing administrative penalties from December 2018 for outstanding Corporate Income Tax (CIT) returns. Until now, penalties have only been imposed for failure to lodge personal returns. The penalties, says SARS, “range from R250 to R16,000 per month that non-compliance continues,
Beware the New Corporate Income Tax Penalties! Read More »
We read about it all the time – businesses both here and abroad are increasingly subjected to major data breaches. Cyber crime is on the rise, and we are all at risk. A particular danger faces any director whose company’s computer systems are hacked and losses ensue. Overseas, disgruntled shareholders are already suing directors in
Directors Beware! You Could Be Held Personally Liable For Data Breaches Read More »
Both your company and you personally are put at risk if you fail to comply with the many fiduciary duties and statutory responsibilities imposed on you by the Companies Act. As part of managing that risk you should prioritise the preparation and retention of correct and accurate minutes of all your board and committee meetings.
The Importance of Directors’ Meeting Minutes – “Who, What, Where, When and Why?” Read More »
Death is a topic we’d rather not dwell on any more than we absolutely have to. But it comes to us all, and just as we need to prepare for our own deaths by providing for our loved ones’ continued well-being with a valid will, we should be ready to deal with the various legal
What To Do When Someone Dies Read More »
