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Latest news

What does the new Employee Tax Incentive Bill mean for your business?

Unemployment is a big problem in South Africa. So it's no wonder that government has finally stepped in to reverse the high levels that affect the youth. How? By making sure its new Employee Tax Incentive Bill comes into effect. And it will, the minute 2014 ushers in. Here's what you need to know [read more...]

Research finds that absenteeism is the reason South Africa's losing its competitive edge

New research has found that South Africa's losing its competitive edge. And it's all thanks to absenteeism. That's just the tip of the tip of the iceberg. There are other worrying trends when it comes to sick leave abuse in the workplace. Here are the details of the study... [read more...]

New B-BBEE codes unveiled! Find out what this means for your business...

Trade and Industry Minister Rob Davies has unveiled the new Broad-Based Black Economic Empowerment (B-BBEE) codes of good practice. Davies announced the new codes yesterday at the B-BBEE summit in Midrand. Reports suggest the codes will be published in the Government Gazette on October 11. Read on [read more...]

Notional Input Tax

  • Six tips to remember when dealing with direct and indirect exports
  • Exports can be a tricky area to negotiate and get right. As with all areas of our tax law, the onus is on you as the vendor-taxpayer to ensure you do everything by the book. Use these tips to avoid errors when dealing with direct and indirect exports.... ››› more
  • [18 September 2013]
  • Secondhand goods: How to deal with supplies for less than R1 000 and supplies for more than R1 000
  • Although you don't charge any Vat on secondhand sales, there are some important rules to follow to comply with the Vat Act. Read on to find out how to deal with supplies for less than and more than R1 000...... ››› more
  • [12 September 2013]
  • Three individual tax-saving tips you can implement today
  • The tax return form and filing procedure for completing your individual income tax return may have been simplified, but the tax laws haven't! You must be even more vigilant if you want to avoid SARS penalties. Here are three tips you can use to you comply with SARS so you can save on tax.... ››› more
  • [07 August 2013]
  • Four Vat claims municipalities can make to save thousands on their tax bill
  • If you work for a municipality and are in charge of Vat, make sure you save your municipality some money by claiming input tax on these four expenses...... ››› more
  • [05 August 2013]
  • Eight records you must keep when dealing with stock and transactions
  • Record-keeping is the most important aspect of your Vat management strategy as your records are the proof to substantiate your claims and returns to SARS. This means, if your company buys and resells stock on a daily basis, SARS will need to access additional records. Keep these eight records to ensure you're not missing any critical records from your record-keeping system.... ››› more
  • [01 August 2013]
  • Still missing out on an opportunity to claim input tax? Make this a thing of the past by using these five input tax rules
  • Are you still struggling to grasp when you can claim input tax? If so, read on to discover the five general rules regarding input tax so you can claim all the input tax SARS owes your business.... ››› more
  • [29 July 2013]
  • Do you export goods? Keep SARS off your back with these tips
  • SARS recently caught an export fraudster and fined him R8 million for his crime. They're on edge when it comes to exports. Of course your business dealings are honest, but SARS prefers to look on the grim side and expects the worst. That's why you've got to protect yourself with these export tips. Don't give SARS any reason to take you down!... ››› more
  • [25 July 2013]
  • Are these mistakes standing in the way of claiming input tax for your business?
  • As a Vat vendor, it's your duty to charge output tax and claim input tax as long as you can prove your claims and back them up with all the required documentation. But there are certain common input tax mistakes that vendors make again and again. Here are the obvious and most widespread errors that'll stand in the way of your claiming every input tax credit possible. And be warned: The Vat audit team will specifically look for these mistakes when they audit you!... ››› more
  • [03 July 2013]
  • Revealed: Three general rules that apply when claiming input tax
  • South Africans have showered Former President Nelson Mandela with get well messages, cards and flowers. According to media reports, handmade cards in different shapes, an assortment of flowers, balloons and even flags adorn the entrance to the hospital where Mandela is being treated for a recurring lung infection. It's heartening that the 94 year old, who was hospitalised in the early hours of 8 June, is responding well to treatment. If you have a staff member in hospital and want to wish her a speedy recovery, it's good to know that when it comes to SARS, flowers are a 'gift that keeps on giving'. That's right. Flowers form part of the items your company can claim input tax on. But before you claim, here are some general rules you need to abide by to...... ››› more
  • [21 June 2013]
  • Follow these five rules to claim your company's input tax correctly
  • If you're still unsure about which transactions you can claim input tax on, here are general rules and tips that'll help. Use them, and your company can use to boost its cash flow - without having to do anything complicated...... ››› more
  • [03 June 2013]
  • Seven requirements to claim input tax on secondhand goods
  • Notional input tax is the Vat you can claim on secondhand goods as a vendor who has bought the goods for your business from a person who isn't a vendor. But before your company claims tax on these goods, there are seven requirements your company must meet. Read on to find out what they are...... ››› more
  • [30 May 2013]
  • Vat vendor: Don't let changes to the TAA confuse you about input tax deductions!
  • SARS is expected to make a number of new provisions in this year's income Tax Amendment Act or TAA. The reason? Strengthening the act will ensure SARS recovers as much as it can from companies that've registered with it. But don't see this as all bad news - you still have the right to make input tax deductions from SARS if you're a registered Vat vendor! Here's how...... ››› more
  • [13 May 2013]
  • Vat Matters: JHB Vat Masterclass - Only 10 seats left for 15 & 16 May 2013
  • The Vat Masterclass Series has taken Joburg by storm and the bookings are flooding in! Seats are limited. And they're filling up fast!... ››› more
  • [25 April 2013]
  • Apply these four general rules when it comes to claiming input tax
  • Input tax is the Vat you pay to your suppliers in the course of carrying on your business or enterprise. In reality, many businesses are still unsure as to what transactions input tax can be claimed on. But you can avoid this mistake. Read on to discover some general rules you can use when it comes to claiming your company's input tax.... ››› more
  • [22 April 2013]
  • Vat Matters - Bookings are now open for the Vat Masterclass Series 2013
  • Find out how the new Tax Administration Act (TAA) affects your Vat when you're being audited, Learn how the lifting of the Transfer Duty restriction on notional input tax claims will put more cash back in your business and Our expert gives you the lowdown on the new changes SARS has introduced on the Vat Return.... ››› more
  • [04 April 2013]
  • 1 Rule to follow to claim notional input tax on second-hand goods
  • Notional input tax on second-hand goods always catches Vat payers off-guard.... ››› more
  • [19 March 2013]



There are 47 ways to get more money back from SARS
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Save your business from penalties by being an instant audit expert!
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Make a dismissal stick, even if it goes to the CCMA
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Get the only DoL recognised way to train your HSE representative
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You have to dismiss an employee, but do you know how?
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3 Instances where you don't have to pay Capital Gains Tax...
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Exclusive report: Calling all HR managers - this is a must read!
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Improve your cash flow and eliminate simple accounting mistakes
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The HR resource that’s making over 13 240 managers' lives MUCH easier!
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Employers - You must display a summary of the BCEA and EEA
Get your summaries here
Find out how to recruit staff effectively
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Cut your health and safety training bill by 80%
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News
ATTENTION EMPLOYERS: Even part-time staff must have a contract

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40 Tools to Manage your Business Tax Risk

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MANDATORY NOTICE FOR ALL EMPLOYERS: no matter how many people you employ 1 or 100

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Giant health and safety mistakes that 2 out of 3 companies make every year

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Save R24 469 by keeping an accurate logbook today

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Attention Employers! From the Department of Labour: Not displaying summaries of the EE Act and BCEA in the workplace is punishable by law

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