In leadership circles, trust is often spoken about as though it’s a single, dramatic event — earned through big gestures, major decisions, or heroic actions. But Dr Brené Brown offers a different and far more practical perspective: trust is built in small moments , through what she calls the Marble Jar Theory . The concept originates from a simple classroom tradition. When children made kind, responsible, or constructive choices, the teacher added a marble to the jar. When th

Managing VAT obligations can feel overwhelming—especially when cashflow becomes tight. To help South African business owners stay compliant and avoid unnecessary penalties, here’s a clear guide on how VAT201 payments work and how SARS payment plans apply only after  a debt becomes overdue. 1. VAT Charged to Clients Is a “Moral Tax” — What Does That Mean? VAT is not your business’s money. When you invoice a client and add VAT, you are collecting tax on behalf of SARS .This is

Managing payroll taxes is one of the most important compliance responsibilities for South African employers. SARS classifies payroll taxes as “moral taxes”  because these amounts are deducted from employees and contractors  and must be paid over promptly. When they aren’t, SARS applies strict penalties and interest — especially on PAYE and UIF. If you’re unsure how EMP201 payment plans work or what to do during cash flow challenges, this guide explains everything clearly. 1.

CIPC has fundamentally changed how annual returns are filed in South Africa. As of 2023, no annual return can be submitted unless a company has filed its Beneficial Ownership (BO) information .This change has caught many business owners off guard — especially those who previously relied on their accountant to handle annual returns as part of a retainer. This blog explains what has changed, what information is now required, and why you may need to pay extra for your accountant

Running a company in South Africa means staying compliant with the Companies and Intellectual Property Commission (CIPC). Yet many business owners are still unsure about their obligations — especially when it comes to annual returns , beneficial ownership , and why accountants charge for these filings.This article breaks it down in simple, practical terms. 1. What Is the Annual Return — and Why Must I Pay It? A CIPC annual return  is not  a tax return. It is a statutory filin

The introduction of a mandatory beneficial ownership filing with your annual return is now a critical compliance requirement.

Selecting the right accounting company can significantly impact the success and financial health of your enterprise. As businesses evolve...

You know that familiar "I'm busy" excuse you often hear? Well, it's more than just a convenient phrase. When someone says they're busy,...

Embrace business challenges with your talent and confidence, but tread carefully when it comes to your business's financial health. What...

In today's fast-paced culture, the idea of slowing down to accelerate might seem paradoxical. We're accustomed to a culture that values...

In an ever evolving and uncertain financial world, the importance of financial planning cannot be overstated. It serves as the...

In a recent interview with Biznews, Free Market Foundation CEO David Ansara shared valuable insights on how South African businesses and...

Every business should spend time and effort defining a cash collection strategy as a set of processes and standards designed to ensure...

In a recent interview with Biznews, Free Market Foundation CEO David Ansara shared valuable insights on how South African businesses and...

Are you working from home and wondering if you can claim any tax deductions for your home office expenses? In this blog post we will...

South Africa's tax revenue service, SARS, has adopted a more aggressive approach in pursuing tax collections due to a growing budget...

Tax season is in full swing and you may be wondering how to handle your tax obligations in the most efficient and hassle-free way...

Accounting is a vital function for any business, but it can also be a challenging and time-consuming one. Many business owners struggle...

Work-life balance is a term that refers to the harmony between one’s professional and personal life. It means having enough time and...

Some of the new accounting standards and guidelines in South Africa Accounting standards are the rules and principles that govern the...