Record-keeping is the most important aspect of your Vat management strategy.
Your records are essentially the proof you need to back up your claims and returns to SARS.
But it’s not just... [read more]
Most people find budgeting preparation rather pointless. They think it’s easy to create an effective budget.
These people are normally the ones who get their budgets wrong. More often than not,... [read more]
Dealing with input tax is a complex subject for many Vat vendors.
The high number Vat vendors who get penalised by SARS for claiming input tax incorrectly and the large number of questions our... [read more]
Business forecasting is one contentious issue.
Some business owners are totally against it because they believe it’s unreliable. Others swear by it and are, in fact, busy with the process as the... [read more]
Often, registered Vat vendors struggle when completing their IT14SD form.
Usually it’s because they’ve forgotten to fill out one important section on the form that specifically applies to... [read more]
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