by Accounting | Jun 15, 2016 | Finance Blog | Fatima Bapukee
Should a vendor wish to apply the zero rate on goods and services exported, in addition to a valid tax invoice, certain other documentation needs to be obtained and retained by the vendor in order to substantiate the entitlement to apply the zero rate. The...
by Accounting | Nov 12, 2015 | Finance Blog | Fatima Bapukee
Voluntary VAT registration – New requirements for registration A person carrying on an enterprise which has not made R50 000 in taxable supplies is allowed to register for VAT, if there is a reasonable expectation to exceed R50 000 in taxable supplies within the 12...
by Accounting | Aug 12, 2015 | Finance Blog | Fatima Bapukee
As Sage One Advisers, we have been invited to extend the following Sage One promotion to our customers. Should you wish to move your accounting system online (onto the cloud), we can assist you with the process of obtaining the promotional discounted amount of R120...
by Accounting | Aug 6, 2015 | FYI's
Article written by: Jenine Mentoor | Junior Accountant | MD Accountants & Auditors Inc. Many people are faced with the question, ‘Am I too stressed at work?’ This is brought on by the feeling of being inadequate. Fear not fellow employees, the cavalry has...
by Accounting | Jul 29, 2015 | Finance Blog | Fatima Bapukee
Article written by: Fatima Bapukee | Accounting Manager | MD Accountants & Auditors Inc. Pre 2008 you would have had to be registered for VAT if your turnover was over R300 000 per annum. When SARS introduced the increase in the threshold to R1 million, many...
