Harnessing technology to amplify efficiency
In a world where adaptability is the key to survival and prosperity, organisations across various industries are striving to stay ahead of the curve. Economic and societal volatility, coupled with evolving market dynamics, have spurred businesses to find innovative ways to meet their objectives while navigating an ever-changing landscape. An essential strategy in this quest […]
Securing your business’s future: FICA compliance in South Africa made simple
To thrive in South Africa’s ever-changing economic landscape, it is crucial to have a thorough understanding of your regulatory responsibilities, including compliance with the Financial Intelligence Centre Act (FICA). Recognised not just as an additional requirement to your current protocols, but rather as a fundamental component in upholding your business’s integrity, FICA ensures transparency and […]
Accounting tips for small businesses
When operating a small business, there are so many important daily tasks to remember—especially if you are also the business owner. Your day is most likely jam-packed with numerous to-do lists and other miscellaneous tasks that need completing. When your day is filled up like this, sometimes the last thing you want to do is […]
Governance trends for 2023 – is your board ready?
The Institute of Directors in South Africa (IoDSA) lays out five key trends for boards and directors to focus on in 2023. Boards need to begin planning their agendas for 2023 to ensure that they are on top of these trends—and that their members have the requisite skills to fulfil their duties. Short-sightedness is one […]
10 Tips for embracing change in 2023
How to overcome ‘change fatigue’ and create a winning working environment Let’s be honest – we’re all tired. The truth is that fatigue is a very common feeling for most of us by the time December rolls around, as we deal with a year’s worth of pressure in addition to the demands of always being […]
When performance fees punish
Six nasty hidden pitfalls that hammer your investments Performance fees are becoming an increasingly popular method of charging among asset managers—but there are nasty hidden pitfalls in calculations that can cost investors dearly. A growing number of asset management companies are turning to performance fees as an alternative to fees as a percentage of assets […]
Is your business covered for loss of income?
It’s all well and good being paid out for your assets, but what about the foregone earnings in the meantime? Small business owners who have a short-term commercial insurance policy are often not aware that they may notbe covered for the loss of income, under a standard commercial policy. Although a standard short-term insurance policy […]
Travel claims, but no allowance?
For commission-earners and the self-employed, the rules are slightly different—but travel costs can be claimed. The common mistake that I make when writing articles about travel allowances is that I tend to forget that not all of us are ‘wage slaves’. Indeed, there are many taxpayers for whom the saying, “If a man will not […]
Tax implications of cross-border remote working
When remote workers are located outside of SA, the tax issues get complicated Remote working from foreign jurisdictions has become increasingly popular during the COVID-19 pandemic. Despite the lockdown rules being relaxed in most jurisdictions, it appears that employers should not expect the workplace to return to the way it was before the pandemic. For […]
Handelsmerke: Om te registreer of nie te registreer nie
Ons het al almal daardie klein handelsmerksimbole, die klein ® en ™, langs die handelsname en logo’s gesien wat ons in ons daaglikse lewens verwelkom het. Maar hoekom is daar twéé simbole waar ‘n enkele een sou kon werk? Die antwoord is eintlik baie eenvoudiger as wat jy dalk dink. Om iets uniek te skep, […]