You know that annual financial statements are a compilation of the hundreds of documents that represent the transactions of your business.
You also know that the Companies Act requires you to... [read more]
Once SARS approves your Vat registration application, it sends you notification with your Vat registration number and the Vat category you fall under.
Vat categories range from A to F and the one... [read more]
If a debtor owes you money and other income has accrued to you (e.g. interest charged on the overdue account), but he doesn’t pay the debt and you have little or no chance of recovering the... [read more]
If your company is financially distressed, you can ask SARS to “park” your outstanding tax debt. This is called a tax debt compromise.
It means SARS treats your debt as no longer due and... [read more]
Disclaimer Copyright 2014, Fleet Street Publications (Pty) Ltd. The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. No action or inaction should be taken based solely on the contents of this publication. We do research all our recommendations and articles thoroughly, but we disclaim all liability for any inaccuracies or omissions found in this publication. No part of this publication may be reproduced or transmitted in any form or by means of electronic or mechanical, including recording , photocopying, or via a computerised or electric storage or retrieval system without permission granted in writing from the publishers.