In the liturgical calendar of the Church, Ordinary Time is often misunderstood. It is not “ordinary” because it is dull or insignificant. Rather, it is the season where faithful, consistent growth happens. The great celebrations of Christmas and Easter are over. The...

"Only accountants can save the world — through peace, goodwill, and reconciliations." (Unknown) Employers are legally required to submit their EMP501 reconciliation with accurate and up-to-date payroll and tax information (including valid Income Tax Reference Numbers)...

"There is nothing so useless as doing efficiently that which should not be done at all." (Peter Drucker, Author of “The Effective Executive”, 1966) “Invisible work” is the non-value-added tasks that act as a hidden tax on your profit and growth. It is the friction...

"Don’t put all your eggs in one basket." (Idiom) Most founders track revenue growth. Fewer track where that revenue comes from. Client concentration risk arises when a single customer, or a small cluster of customers, accounts for a disproportionate share of revenue....

“A small business is an amazing way to serve and leave an impact on the world you live in.” (Nicole Snow) Small business owners looking to sell their business or interest in a business as part of their retirement planning will be glad to know that meaningful tax...

"An agreement that will really change the world." (Olaf Scholz, former German Finance Minister) In October 2021, a global minimum tax framework for large multinational enterprises (MNEs) was established with the introduction of the GloBE (Global Anti-Base Erosion)...

"Great things in business are never done by one person; they’re done by a team of people.” (Steve Jobs) As a small business owner, every rand you spend needs to return value, and your team building events are no exception. When structured properly, team building days...

“Renette Oosthuizen, small business owner from Gauteng, had this tip: ‘Minister Godongwana, please increase the VAT registration threshold for small businesses to R2 million. The R1 million threshold has not kept pace with the cost of doing business.’” (Budget Speech...

"As your profitability grows, your taxes will too. In fact, paying more taxes is an indicator that your business health is improving.” (Mike Michalowicz) Business owners work hard to grow revenue and increase profit. What often receives less attention is how that...

“Artificial intelligence and generative AI may be the most important technology of any lifetime.” (Marc Benioff, CEO, Salesforce) Traditional accounting involves a great deal of manual processing, endless menial tasks, and plenty of opportunities for mistakes and...

“Never take your eyes off the cash flow because it’s the lifeblood of business.” (Richard Branson) Ask any business analyst about recurring cash flow challenges and you’ll often hear them say, “It’s not that the business is short of money, it’s that money arrives too...

Source: National Treasury Source: National Treasury Tax limits adjusted Source: National Treasury Sin taxes raised Source: National Treasury Fuel Levy hikes Source: 2026 SARS Budget Guide How much will you be paying in income, petrol and sin taxes? Use Fin 24’s...