Bookkeeper

From CBN 2012–08030 Chris Eagar, Associate Director – Tax at Deloitte in Cape Town is calling on the South African Revenue Service to provide clarity regarding the validity of using emailed invoices to claim back VAT from the national revenue Continue reading Does SARS Regard Electronic Tax Invoices Valid→

SARS adopts the policy that if, as a result of your tax assessment you owe them money while disputing the assessment, you will be required to pay what is due to them first, and argue about it later! As a small, medium Continue reading Unnecessary SARS Penalties→

Tax season 2012 runs from 1 July 2012 to 31 January 2013. The deadline for taxpayers who submit their tax returns manually by post or by dropping it off in a SARS drop box, is 28 September. The deadline for Continue reading Tax Season 2012 Deadlines→

The South African Revenue Services (SARS) can access and search any company’s premises without a warrant thanks to the Tax Administration Bill that was recently gazetted into law on Wednesday, July 4 2012. Expected to come into effect in the Continue reading SARS To Gain Access Without a Warrant→

If your CIPC annual return is due after 31 March 2013, you must prepare and submit the Annual Financial Statement to CIPC. Your annual Financial Statements will have to meet the Companies Act, 2008 requirements. All companies registered with CIPC Continue reading CIPC Annual Return Due after 31 March 2013?→

Adapted from content excerpted from the American Express® OPEN Small Business Network   Proper bookkeeping is important to sustaining and expanding a business. Without it, you run the risk of hitting cash flow crunches, wasting money, and missing out on Continue reading Bookkeeping and Record Keeping Basics→

An essential but often neglected part of running a successful business is keeping records. Many business owners neglect accurate record keeping because they acknowlegde that are inexperienced in accounting. There is an answer. Bookkeeping software provides small business owners with an Continue reading Small Business Bookkeeping→

Any taxpayer will, at some stage in his lifetime, have heard someone say that when you must pay SARS, you must pay at once. But when SARS must pay you, it takes forever! Have you experienced the truth in this Continue reading Did you Know: SARS Must Refund Your VAT Within 21 Business Days?→

Taxation in South Africa is residence-based. Residents are taxed, based on their worldwide income, non-residents based on their South African income. Any person who is liable of income tax must register as a tax payer at the South African Revenue Continue reading Register as a Tax Payer with SARS→

It’s that time of the year: tax season. The season when accountants come out of the woodwork to offer income tax preparation and filing via SARS eFiling. Everyone “knows” a bookkeeper. There’s literally one on every street corner! But be aware, Continue reading Where can you get Tax Advice online→