Finance Blog

Managing your business during these challenging times

Managing your business during these challenging times

MD's email sent out for this post | https://bit.ly/3kwOaMd As we emerge from the challenges of lockdown, we know that one of the largest issues facing business owners is cash flow management. We all need to review our cashflow commitments, revisit our business plans...

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VAT Changes

VAT Changes

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...

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Move your accounting system onto the cloud at a reduced rate

Move your accounting system onto the cloud at a reduced rate

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...

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To be or not to be? That is the 14% question!

To be or not to be? That is the 14% question!

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...

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