Archive by Author
The Promotion Of Access To Information Act (PAIA): What Is It And How Does It Affect Me?
As we know, there’s been a lot of coverage of the Promotion of Access to Information Act (PAIA) of late, but aside from the politics of it, what does it mean for business owners?
Gareth Cotten is one of the growing breed of SA entrepreneurs with that ‘world-domination’ look in his eyes. Gareth runs the coaching [...]
Holiday Marketing Tip: Show Gratitude
Show your gratitude to your customers during the festive season. As much as it’s been a rough year for a number of businesses, the best way to put positive energy out there is be grateful for the customers that have supported you.
Make up a small hamper, and send it on to your best/most [...]
Holiday Finance Tip: Protecting Your Valuables
This one’s more of a holiday checklist, but still super-important to ensure you don’t end up wasting your hard-earned money if something goes south this holiday season.
First-off, if you’re leaving home on holiday, make sure that you don’t make it an absolute giveaway that you’re not there – holiday time is peak season for [...]
10 Steps To Doing Your Provisional Tax Right
The way that provisional tax works is that, instead of SARS waiting for you to file your tax return after the end of the tax year, they require you to make an estimate half-way through the tax year of what your taxable income will be, and then pay towards that.
The benefits are supposed to [...]
Tax concessions for small businesses
While the majority of businesses are subject to the standard corporate tax rate (currently 28%), very few business owners realise that there are two dispensations, available only to small businesses, that entail a number of tax concessions. These have been introduced for the dual purposes of expanding the small business sector by offering tax relief, [...]
How do I manage cash flow….help!
Following from the successful Opening Doors initiative we’ve been covering, we’re picking some of the questions Ideate readers sent in and giving it to Ideate’s authors (including me). The first question is from Peter C. who wrote “How do I manage cash flow…help!”
Here are some of my pointers in answering the question (bear in mind [...]
Is BEE different for small businesses?
It’s a conversation that many a group of business owners has got into of late: “Should I or shouldn’t I get BEE compliant?” While there are advantages to being BEE rated (being able to supply national or local government departments, for example, or becoming a preferential supplier to other BEE-compliant companies) it can also be [...]
Finance Tip of the week: Utilities and Gadgets
Save electricity when charging your phone, and extend its battery life. All cellphones require a charger or adapter, which you would plug into an electrical outlet to charge the device. When done with charging your phone, make sure that you take the charger out of the plug socket, as it still draws a small charge [...]
The Consumer Protection Act and you
The Consumer Protection Act (CPA) is undoubtedly a game-changing piece of legislation and promises to completely shake up the way business is done in South Africa. Signed into law in April 2009, but only being brought into effect as of 31 March 2011 (to give businesses time to comply with the changes), the Act will [...]
How do you choose a good bookkeeper?
The starting point for choosing a bookkeeper is what you need out of them. Do you simply need someone to capture your day-to-day invoices and expenses? Do you want them to run month-end reports? Be able to do VAT and basic tax returns as well? Or do you want them to be able to critically [...]
