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Doctors Note

  • How to complete and submit your provisional tax
  • The 31 August 2017 provisional tax (PVT) payment deadline is just around the corner. As you know you have to take the time to go through your calculations to make sure you're paying the right amount to avoid penalties from SARS. If you missed our last article on how to calculate your provisional tax payment, have a look here. All you need to do now is prepare your return to file by the 31st ... ››› more
  • [12 May 2017]
  • SARS reveals five helpful hints for completing your ITR12T form
  • As a trustee, you have a legal duty to complete and send an Income Tax Return for your Trust to SARS every year. Failure to do so is an offence and could result in harsh penalties. The good news is, SARS is going to make your Income Tax Return for Trust (ITR12T) completion seamless. It understands that the ITR12T may be a bit tricky and it wants to help you submit an accurate return and be c... ››› more
  • [13 April 2017]
  • The 1 vital condition you have to meet to get a tax compromise
  • Is your company battling to get on top of tax debt? If so, then it's worth noting that you have a solution! I'm talking about a tax compromise, and you should definitely use it! You see, SARS would much rather make a compromise and get some tax out of you than risk getting nothing at all. But you need to keep in mind that SARS will only grant a tax compromise if this 1 important condit... ››› more
  • [23 March 2017]
  • How much does absenteeism cost YOUR company?
  • The truth is, the real cost of absenteeism can be extremely high, yet many companies still ignore it! In fact some companies don't even know how much absenteeism costs them. For instance, did you know the cost of absenteeism to your company isn't only limited to your employee's salary for the day he's absent? The costs can actually go up to 3 times that amount taking into consideration the prod... ››› more
  • [10 March 2017]
  • Five questions you should never ask during an interview
  • I'm sure you know by now that the law doesn't allow any discrimination against an employee or job applicant (Employment Equity Act). So when you plan your interviews with job applicants, protect yourself and your company by making sure you avoid questions that may be discriminatory. Because if you're found guilty of discrimination, you could get a penalty of up to 10% of your business turnover.... ››› more
  • [02 March 2017]
  • Do you know how to test your employees for alcohol abuse?
  • Current information shows that in South Africa, employees are the main beneficiaries of legislation that provides for health and safety standards in the workplace. The law that governs general workplace safety is the Occupational Health and Safety Act of 1993 (OHSA) and, in the Mining Industry, safety is governed by the Mine Health and Safety Act. It has been showed that over R240 billion, th... ››› more
  • [06 February 2017]
  • Case Law: Is alcohol abuse misconduct or incapacity?
  • One issue which many employers struggle with, is that if an employee commits an alcohol-related offence in the workplace, how do you label it to begin with? In other words, should it be seen as a form of incapacity or of misconduct? After all, simply determining this can alter the entire way you handle the incident. In the following case, some light will be shed on the issue. Take a look..... ››› more
  • [06 February 2017]
  • 7 Vital questions about sick leave over holiday periods....
  • Did you see an increase in the number of staff calling in sick over this holiday period? Are you expecting a flurry of sick notes from them because they were absent on the working days that fell amidst all the public holidays? We receive a lot of interesting questions about sick leave...  Questions that are probably on your mind too! Let's have a look at them… .............................. ››› more
  • [19 January 2017]
  • Discover how Vat works with credit notes so you can avoid SARS penalties
  • Do you know when you should issue a credit note? What about dealing with Vat on credit notes? Read on to find out what these two things include so you can comply with the Vat Act and avoid hefty penalties. The Practical Vat Loose Leaf Service explains that credit notes are issued when a sale or a supply takes place and one of the following subsequently happens to that supply (sale): The... ››› more
  • [19 January 2017]
  • Cover your bases if an employee often goes AWOL
  • Some employees do all they can to stay away from work - call in sick in the morning, go home early so they don't miss a doctor's appointment, not come in at all because it's their aunt's funeral (AGAIN!). That's all good and well if it's already been discussed with you beforehand or they bring you proof of their absence, like a sick note. But what do you do if your employee goes absent without lea... ››› more
  • [18 January 2017]
  • The eight instances you can lodge an objection with SARS and win!
  • Here's a true story with a happy ending: I had coffee with Peter Franck, Contributor of the Practical VAT Handbook, and he told me an interesting story about one of his clients, Mr Hogenboezem*. He received a VAT assessment for R86 000 from SARS. SARS issued him with this assessment because he mistakenly claimed input tax twice on a bakkie and the invoices he received for purchases were techni... ››› more
  • [11 January 2017]
  • Calculating CGT? Make sure you understand these two key concepts first
  • Capital Gains Tax (CGT) is a tax you pay on the profits you make on the disposal (sale) of your assets. And there are two key concepts you must understand before you calculate your CGT. You must understand two key concepts before you take charge of your business's CGT. Assets; and Disposals. Let's take a closer look at each of these key concepts. Understand these two con... ››› more
  • [27 December 2016]
  • Revealed: 20 deemed supplies you must pay output tax on
  • If you thought output tax only applies to standard-rated, zero-rated and exempt supplies, you're wrong. It's also applies to deemed supplies. Here are the 20 deemed supplies you must pay output tax on. According to the Practical Vat Loose Leaf Service, although the words 'deemed supply' aren't defined in Vat Law, Section 8 lists certain supplies as deemed to have been made. Essentially, a ... ››› more
  • [20 December 2016]
  • Must I still report an incident concerning a casual worker? Find out here
  • We get tons of queries on: 'Does one really have to report an incident in x situation that happened to a casual worker?' And the answer to that question may not be what every employer expects. Allow me to explain... *****Advertisement***** Revealed: The secrets to compiling COID and DoL compliant incident reports No more sleepless nights worrying if your COID claims will be denied.... ››› more
  • [14 December 2016]
  • How to avoid capital gains tax errors by disposing of your assets at the right time
  • Did you know that capital gains tax is triggered at the time you dispose of you assets? Today I'm going to share a secret with you about the disposal of your assets. All too often people dispose of their assets at the wrong time, which could lead to a 200% penalty from SARS. Did you know you can avoid this from happening to you by simply taking note of the disposal timing rules? Let me... ››› more
  • [13 December 2016]
  • What you NEED to know about International Vat claims
  • Your company may be entitled to claim a Vat refund on a number of business expenses incurred in other countries. Here's what you need to know about International Vat claims. You know that you can claim South African Vat as input tax. However, you may be neglecting to claim Vat refunds on international business expenses. Now it's your chance to exploit this untapped reserve. International V... ››› more
  • [12 December 2016]
  • Screen your debit and credit notes before the SARS auditors do... Here's how!
  • SARS is very strict about WHEN, WHY and HOW you can issue a debit or credit note - especially when it comes to your VAT. Get it wrong, and you'll face penalties for sure! Not only that, but your clients/customers will also be targeted by SARS. And let's be honest - no business can afford to develop a reputation as a trouble-maker. If you answer 'no' to any of the screening questions, you're ... ››› more
  • [08 December 2016]
  • You will avoid CGT if you dispose any of your assets in these seven ways
  • You probably know that certain events are regarded as disposals for CGT purposes. But did you know that if you dispose of an asset in these seven ways, then there's no disposal of CGT involved? Read on to find out more... Three instances where you don't have to pay Capital Gains Tax... And eight other ways to LEGALLY beat the taxman! Giving a huge percentage of y... ››› more
  • [07 December 2016]
  • Six areas SARS will look at when they audit you
  • If there's one thing I know about SARS auditors it's this: The longer they take to search your offices for what they need, the longer they'll be there. And chances are, they'll uncover more than what they were looking for (and the higher your penalties will be). Don't take that chance. If you don't want this to happen to you, keep reading to see the six areas a SARS auditor will review in ... ››› more
  • [24 November 2016]
  • Experts answer the top six COID questions
  • There's a lot of confusion regarding the Compensation for Occupational Injuries and Diseases Fund (COID). Some employers don't even know that they have to submit their Return of Earnings to the Compensation Commissioner every year. But if you don't, you'll end up incurring harsh penalties. Don't let this happen to you. If you haven't registered for COID, read on to discover the answers to six impo... ››› more
  • [22 November 2016]
  • Use this handy Leave Request Form template to manage your employee's sick leave
  • Did you know sick leave abuse costs South African employers R19 billion every year? That's right. This shocking stat shows the importance of managing leave correctly. And that's where this Leave Request Form template can help... Why do you need to use a Leave Request Form to manage your employee's leave? The Labour Law for Managers Loose Leaf Service says employees must apply for leave wri... ››› more
  • [18 November 2016]
  • 13 Easy steps to complete your provisional tax return via eFiling
  • The 28 February 2017 provisional tax (PVT) payment deadline is just around the corner. And with December a few short weeks away, there's no better time to start working on your provisional tax return before you go on leave. So, here are 13 simple steps to follow if you're submitting your provisional tax payment via eFiling so you can go away and enjoy a stress free December holiday. Let's g... ››› more
  • [16 November 2016]



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