When Growth Is a Tax Problem
“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 growth alters your tax obligations. Higher turnover can trigger VAT registration. Rising profit […]
New VAT Thresholds: Thinking of Deregistering?
“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 2026) Some of the best news in the 2026 Budget is the proposed increases in […]
How to Create a Team Building Experience That Really Works
“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 can align your staff around shared goals, strengthen communication, […]
15% Global Minimum Tax (GMT) Goes Live at SARS
“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) model rules by the OECD (Organisation for Economic Cooperation and Development). These rules address profit shifting by […]
Your Tax Deadlines for April 2026
01 April: Start of the 2026/27 Financial Year 07 April: PAYE submissions and payments 24 April: VAT manual submissions and payments 29 April: Excise duty payments 30 April: VAT electronic submissions and payments CIT Provisional Tax payments where applicable
Budget 2026: What it Means for You and Your Business
“The 2026 Budget marks an important turning point for South Africa.” (Dr Duncan Pieterse, Director-General, National Treasury) Some of the best news in Budget 2026 is the real GDP growth of an estimated 1.4% for 2025, rising to 2% in 2028, and a debt ratio that will stabilise during this financial year and decline thereafter. […]
Budget 2026: Your Tax Tables and Tax Calculator
Budget 2026 has brought long-overdue relief to taxpayers by not imposing VAT or income tax hikes and by adjusting the tables for tax rates, rebates and credits for inflation. Of course, some tax hikes were always going to happen: inflation-linked increases on sin taxes took effect on 25 February already and the fuel levies also […]
Why Your Cash Flow Problems May Be Down to Your Behaviour
“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 late or not at all.” Behind every late payment sits […]
Streamlining In-House Accounting Processes with AI
“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 typos – all of which can mean long waiting periods for financial reports that are crucial for decision-making. […]
Your Tax Deadlines for March 2026
06 March – PAYE submissions and payments 25 March – VAT manual submissions and payments 30 March – Excise duty payments 31 March – End of the 2025/6 Financial year, VAT electronic submissions and payments & CIT Provisional Tax payments where applicable.