Beneficial ownership has become a central part of corporate compliance in South Africa. This concept refers to the real, natural persons who ultimately own or control a company, even if their names don’t appear in official documents. The aim is to ensure transparency in the ownership…
As the current Return of Earnings (ROE) season draws to a close, we would like to remind all employers of the importance of submitting their ROE timeously in terms of the Compensation for Occupational Injuries and Diseases Act, 130 of 1993 (COIDA). …
As we approach February 2026, many companies are preparing for a key tax compliance date: the IT14 (ITR14) income tax return deadline for the 2025 financial year. Meeting this deadline with accurate information isn’t just good practice — it’s the law. Here’s what you need to know: What Is the…
For South African businesses, provisional tax is a crucial part of staying compliant with SARS. Your IRP6 return—due twice a year, with the final payment usually aligned to your financial year-end—relies heavily on accurate, current accounting records. When your accounting is not up…
As we close the chapter on another year and look ahead to new opportunities, I want to take a moment to thank you for trusting us with your accounting, tax, and compliance needs. Your support, collaboration, and commitment to running…
What is it? Working Capital is used to fund operations and meet short-term obligations. If a company has enough working capital, it can continue to pay its employees and suppliers and meet other obligations, such as interest payments and taxes, even…
With the 2026 tax season approaching, this is the perfect moment for businesses to get their financial affairs in order. South African tax law places a strong emphasis on accurate record-keeping, timely submissions and compliance, and SARS has become increasingly…
Running a business smoothly means staying on top of your accounting and tax obligations. It might seem overwhelming at times, but with a few simple steps, you can keep everything organized, compliant, and stress-free. Here’s what you need to know: …
What Does “Going Concern” Really Mean for a Business? Do you ever wonder what gives stakeholders confidence that a company will still be around tomorrow, next month, or even next year? In the world of business and accounting, this idea…
Running a small business is rewarding, but it also comes with financial challenges. One of the biggest hurdles many businesses face is managing their debt. Whether it’s a bank loan, supplier credit, or overdue tax payments, debt can quickly spiral…