What to do if you owe SARS money

Owing money to the South African Revenue Service (SARS) can be stressful, but don’t panic. By understanding your options and taking prompt action, you can resolve the issue and minimise the impact. This guide will equip you with the knowledge you need to navigate a tax debt situation. The importance of addressing tax debt Take […]

Travel claims, but no allowance?

For commission-earners and the self-employed, the rules are slightly different—but travel costs can be claimed. The 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 work, […]

Why should you hire an accountant?

When business owners work on growing their companies, budget constraints often push them towards a do-it-yourself approach to managing their finances. Many see hiring a professional for bookkeeping or accounting as an unnecessary expense. However, this viewpoint fails to recognise the tangible advantages that an accountant can offer. It’s important to reframe this decision, not […]