Author Archives: admin

On a Lighter Note – Some Entertaining Tax Stories

UK Revenue officials recently released some entertaining excuses from taxpayers: One taxpayer claimed their mother-in law was a witch and had cursed them. Some said that hamsters and dogs had eaten the post. A taxpayer was up a mountain and … Continue reading

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Budget 2020: Tips for Tito – Make Your Voice Count!

Every year the Minister of Finance asks us what we would like to see in the budget and a “Budget Tips” portal on the National Treasury website is open. This year he asks in particular for our views on “What … Continue reading

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Directors: Be Careful, You Will Be Held More Accountable In 2020

Being a company director (or a senior manager) comes with onerous duties and risks which require constant management. And 2020 is shaping up to be a year in which you will find yourself under increasing scrutiny, with the NPA now … Continue reading

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Small Businesses: How to Survive and Thrive

SMMEs (Small, Medium and Micro-Enterprises) play an integral role in our economy, and it is alarming therefore to read recent research showing that a massive 70% – 80% of South African small businesses fail within five years. Why the high … Continue reading

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Take Advantage of the Venture Capital Company Allowance While You Can

Here’s some good news in the form of a way to save tax (a lot of tax), make a good investment, and directly boost both our economy and our SMEs – all in one go. That’s where the VCC (Venture … Continue reading

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Junk Status Is Not The End – It Can Get A Lot Worse!

There is a perception that we will be scraping the very bottom of the barrel if Moody’s does indeed downgrade our debt to the dreaded Junk Status – that ‘There’s no way to go but up’, that ‘This is the … Continue reading

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How To Detect and Dodge Financial Scams

Financial scams have always been around but their scale in today’s world is truly amazing – estimates of annual losses in the USA alone reach $120 billion. The good news is that there are positive steps you can take to … Continue reading

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Your Tax Returns Are Due: Make Sure You Fill In Your Return Correctly

The last thing you need is to have the Taxman after you with his armoury of penalties and threats of criminal prosecution; and the likelihood of that happening if you put a foot wrong is higher than ever now with … Continue reading

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What Will The Next Decade Bring Us?

As we settle into 2020 let’s all, with the wise old saying “Failing to plan is planning to fail” in mind, start thinking about not only what the next year or so holds for us, but about what our world … Continue reading

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Sometimes the best management is to take a back seat

“When the best leader’s work is done the people say ‘We did it ourselves’” (Lao Tzu) Management is probably more of an art than a science – sometimes you need to get actively involved in an issue and other times … Continue reading

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