Accounting and Tax Club
Latest news

What can you do about employees who didn't show up to work because of today's taxi strike?

It's a jungle in Jo'burg this morning. Not only is the heavy raining causing havoc on the roads, but thousands of workers are stranded due to today's National Taxi Alliance (NTA) strike. And that's bad news for your business. Here's what you need to know about how to handle employees who couldn't [read more...]

How to avoid a Miss SA type nepotism scandal in your workplace

There's a fresh scandal surrounding the Miss South Africa pageant. A few weeks back, news reports indicated that the general public wasn't happy with the choice of judges for the pageant. Now there's a rumours of t. And it's put the spotlight back on nepotism in the workplace. [read more...]

Strikes: What does 'issue in dispute' mean?

News reports this morning indicate that government intends to meet with the Association of Mineworkers and Construction Union (Amcu) today in a last ditch attempt to halt a mass strike in the mining sector. The looming strike, which is expected to have a devastating impact on the economy, has [read more...]

travel allowances

  • Two types of travel allowances: What they are and how to use them
  • A travel allowance is the sum of money you give an employee, regularly, such as every month, to cover his business travel costs. There are two types of travel allowances you need to know about. Read on to find out what they are...... ››› more
  • [29 January 2014]
  • Revealed: Three tax benefits of having a water tight contract
  • It's your legal obligation to give your employees a written employment contract. The contract is only binding and enforceable when there's been an agreement. This means you've made an offer to your employee in writing and he's accepted it in writing. From a SARS perspective, these are three tax benefits of a water tight contract.... ››› more
  • [10 December 2013]
  • The correct way to allocate travel expenses when you charge clients
  • If you spend any money travelling to clients, you'll know that the expenses quickly rack up. Most companies charge their clients for these travel related costs. But do you know how to account for these in the best way, so you don't have to pay any additional charges on the amount? Have a look at this question we got on the Accounting and Tax club and the answer from our expert Alan Lewis, Tax Advocate.... ››› more
  • [29 November 2013]
  • Employee travel allowances: How to award, tax and record them correctly
  • Travel expense claims and deductions are one of the most common triggers for a SARS audit. If your business doesn't award, tax and record employee travel allowances correctly, SARS will pick up the errors. You'll be audited and forced to pay penalties for non-compliance. That's a risk you can't afford to take. Read on to find out when to give your employee a travel allowance and how to tax it correctly so you can comply.... ››› more
  • [28 August 2013]
  • It's a SARS requirement: But do you know why employees must keep an accurate logbook?
  • If you give your employee a travel allowance to cover his business travel costs when he uses his own car, it's crucial he keeps an accurate log book. Here's why...... ››› more
  • [22 August 2013]
  • Can't get employee to keep an accurate logbook? Tell them this...
  • Do your employees think it's useless to keep an accurate logbook of their business travel? If so, tell them about how they can save thousands by maintaining theirs right...... ››› more
  • [22 August 2013]
  • Is your company making this common travel allowance error?
  • Travel expense claims and deductions are one of the most common triggers for a SARS audit. If your company is making this one common travel allowance error, you can be sure SARS will pick up it. Read on to discover the one travel allowance error you must never make so your business can avoid non-compliance penalties.... ››› more
  • [30 July 2013]
  • Use this ten-point checklist to stay out of trouble with SARS when filling in your employee's IRP5 forms
  • 'Sir, there have been some inconsistencies in the IRP5 forms of your employees. We at SARS have decided to audit your company, and if we don't like what we find... well, I hope you have astronomical sums of money lying around to pay the fines.' Nobody wants to receive that phone call! Don't put a target on your business, because SARS would love to shoot it down. Use this simple checklist to ensure your business fills in the employee's IRP5 forms correctly.... ››› more
  • [10 July 2013]




Page: 1 2 »
 
Save your business from penalties by being an instant audit expert!
>> FIND OUT MORE HERE <<
Simple Excel solutions to do your complex calculations in minutes!
>> FIND OUT MORE HERE <<
Make a dismissal stick, even if it goes to the CCMA
>> FIND OUT HOW<<
Get the only DoL recognised way to train your HSE representative
>> FIND OUT HOW <<
You have to dismiss an employee, but do you know how?
>> FIND OUT HOW HERE <<
3 Instances where you don't have to pay Capital Gains Tax...
>> FIND OUT MORE HERE<<
Exclusive report: Calling all HR managers - this is a must read!
>>Read more<<
Improve your cash flow and eliminate simple accounting mistakes
>> FIND OUT MORE HERE<<
The HR resource that’s making over 13 240 managers' lives MUCH easier!
>> Read more <<
Employers - You must display a summary of the BCEA and EEA
Get your summaries here
Find out how to recruit staff effectively
>> CLICK HERE <<
Cut your health and safety training bill by 80%
>> FIND OUT HOW <<
News
ATTENTION EMPLOYERS: Even part-time staff must have a contract

>> CLICK HERE FOR MORE DETAIL <<
40 Tools to Manage your Business Tax Risk

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

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

>> FIND OUT MORE HERE <<
Save R24 469 by keeping an accurate logbook today

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

Read more here
Media




© 2014 Fspbusiness.co.za. All rights reserved.

Contact Us | Privacy Policy | FAQ | Our Products | About Us | Our Experts | Disclaimer | FREE DOWNLOADS

Disclaimer
Copyright 2014, Fleet Street Publications (Pty) Ltd. The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. No action or inaction should be taken based solely on the contents of this publication. We do research all our recommendations and articles thoroughly, but we disclaim all liability for any inaccuracies or omissions found in this publication. No part of this publication may be reproduced or transmitted in any form or by means of electronic or mechanical, including recording , photocopying, or via a computerised or electric storage or retrieval system without permission granted in writing from the publishers.
powered by
Fokus Digital Services