Nov 9, 2026 SARS and Garnishees If one of your employees owes SARS money and ignores it for long enough, SARS doesn’t need to take them to court to get paid — it can simply instruct you, the employer, to deduct the amount from their salary
What is a “beneficial owner,” and why does CIPC care? A beneficial owner is the real, flesh-and-blood person who ultimately owns or controls a company — as opposed to whatever entity appears on paper. If your company’s shares are held by a trust, a holding company,
If you employ even one person, there’s a SARS deadline landing this week that gets far less attention than the personal tax deadline everyone’s been talking about — but it can cost you more if you miss it. The Employer Interim Reconciliation, known as the EMP501,
If the 23 October 2026 deadline to file your personal income tax return came and went without you getting to it, you’re not alone — and it isn’t the end of the world. SARS has already paid out billions of rand in refunds to millions of
BEWARE It’s October, your tax deadline is bearing down, and an email from SARS lands in your inbox: a refund notice, or a final assessment demanding action. It looks exactly right — correct logo, proper letterhead, the tone SARS always uses. A few years ago, a
Efficient inventory management can make or break a business. Carrying too much stock ties up valuable working capital, while carrying too little leads to stockouts, delayed orders, and unhappy customers. Because not all inventory items hold the same financial value or demand patterns, treating every item
The modern marketplace evolves at a breakneck pace. Driven by rapid technological advancements, shifting economic landscapes, and changing market demands, the competencies required to succeed today look vastly different from those of just a few years ago. This acceleration has given rise to a critical operational
Accrual accounting is the standard financial reporting method for most businesses by 2026. Unlike cash accounting, which only records transactions when money changes hands, the accrual method tracks financial events in real time. Here is everything you need to know about how accrual accounting works, why
Traditional bookkeeping is disappearing. In its place is a fast-evolving digital landscape driven by stricter SARS enforcement, real-time tax monitoring, and automated cloud technologies
Budget 2026: Tax Outlook The 2026/27 Budget scrapped R20 billion in proposed tax hikes from the 2025 plan, thanks to stronger collections in VAT, corporate, and dividends taxes. Gross revenue for 2025/26 rose R21.3 billion above prior estimates.Core Changes: Fuel & Excise Hikes (Apr 2026): Business