The Importance of Supporting Documents and Document Management in Accounting
In the world of accounting, precision is paramount. Every number, every transaction, and every financial statement must be backed by concrete evidence,…
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Ensuring consistency between tax returns and annual financial statements reported figures
In the world of finance and taxation, accuracy is paramount. For businesses, ensuring that the figures reported on the Annual Financial Statements…
The Importance of Accurate Figures at Year End: Why They Matter for Annual Financial Statements and Tax Returns
As the year draws to a close, businesses and individuals alike focus on preparing their Annual Financial Statements (AFS) and filing their…
Planning for the following financial year
It is the beginning of the calendar year, and for most of the businesses it is the end of their financial year. …
The Consequences of Late Provisional Tax and IT14 Returns: Why Timely Compliance Matters
Filing provisional tax and IT14 annual tax returns on time is essential for maintaining business compliance and protecting your financial health. Here…
Why you shouldn’t use third parties to make SARS payments
The unfortunate reward for being the owner of a successful business or being lucky enough to earn income from multiple streams, is…
Admin Penalties
What It Means When Companies Receive Admin Penalties From SARS In South Africa, businesses are required to comply with a range of…
What happens when your company is de-registered due to non-compliance
What Happens If Your Company is Deregistered for Not Filing Annual Returns? Companies need to file annual returns with CIPC to stay…
At which point should a start-up business appoint professional accountants and why?
As the owner of a start-up business, your main goals are most likely to maximise income while keeping costs as low as…