Why e-filing makes a happy account

E-filing is the next step in the evolutionary cycle of filling to progress. That is just the most obvious reason. Here is the real reason for e-filing compliance: -It is an essential admin task with minimal paperwork because everything is online.-E-filing is a bonus to get brownly point with SARS and your accountant-The long-term benefits […]

FREE networking event for business owners

The Acumen Group Community Day event is the perfect opportunity for you to meet other business owners and build your network. Come and meet the living body that is the Acumen Group. The event is for business owners in and around the Plumstead community. If you are a small or medium business owner who is […]

How To Save On Business Tax

Legal Ways To Reduce Your Annual Business Tax

If you are a business owner or self-employed, you are liable to pay South African corporate tax. Corporate tax in South Africa is payable by all registered businesses in the country to the South African Revenue Service (SARS). However, the amount of tax you pay and which deductions you can claim are determined by the […]

How To Change A Registered Business Name

How To Change A Registered Business Name

Changing your registered business name is not as simple as putting up a new sign outside your office. However, it is still a simple enough process that can be done online. Here is a quick step-by-step guide on how you can change your registered business name. What do you need to change a business name? […]

Payroll for small businesses, our step by step guide

Payroll for Small Businesses

Your small business is growing, now, you have to ensure payment of your employees while adhering to all the rules and regulations relating to payroll and employment. Perhaps all this is intimidating to you, and you aren’t sure where to start. Read on for more on how to manage payroll for your small business. What […]

5 accounting services your business shouldn't overlook

5 Accounting Services Your Business Should Not Overlook

As a business owner, it is important to have your accounting operations up-to-date. With processes such as private company valuations, bookkeeping, and tax advisement, it can be easy to overlook important details. Here are 5 services to remember for your business. 1. Acting as accounting officer to close corporations Acting as an accounting officer involves technical […]

5 Red Flags SARS Looks For When Deciding To Audit

5 Red Flags SARS Looks For When Deciding To Audit

Full disclosure by an individual in a tax return will reduce the risk of being audited. There is, however, no guarantee that complete disclosure would prevent SARS from auditing you. SARS has different methods of identifying cases for audit. Here are 5 reasons why SARS may decide to audit your business. 1. Random Checks Conducted […]

Registered business name - Requirements to register your business name

Top 5 Things Your Business Will Need Before You Register Your Company

Can you run a business without registering? In short, yes, but registering a business comes with certain legal benefits. One benefit is asset protection which ensures the safety of personal assets in the event of a lawsuit against the company. Registering a business ensures the legal protection of the company name so it cannot be […]

office closure

Office Closure

The festive season is finally here, giving us time to spend with our loved ones and celebrate traditions. Hence, we are announcing our office closure from the 16th December 2021. We will be reopening our doors on the 6th January 2022. Please take note of the following tax and financial statement deadlines: 1. Salaries/EMP201 for […]