TGS South Africa News

April 25, 2018

Practical Tips on Cash Flow

“Never take your eyes off cash flow because it’s the life-blood of business” (Richard Branson) The Companies Act is underpinned by the assumption of liquidity and […]
April 25, 2018

Here’s what You Should Know About “YES” (our Youth Employment Service) and the Opportunity for SMEs

One of the most intractable problems facing South Africa is high unemployment, particularly (and this is a global problem) among the youth. Initiatives to deal with […]
April 25, 2018

A Tank of Petrol – Where Does Your Money Go?

Are you aware that less than 40% of the petrol price is made up of actual petrol cost? Most of it goes to pay tax (Fuel […]
April 25, 2018

How Big is Your Carbon Footprint and How Can You Reduce It?

“We’re running the most dangerous experiment in history right now, which is to see how much carbon dioxide the atmosphere… can handle before there is an […]
April 25, 2018

Bitcoin is Taxable!

SARS has released a media statement on Bitcoin in which it states that people dealing in Bitcoins or other cryptocurrencies are subject to normal Income Tax […]
April 25, 2018

Your Tax Deadlines for May

Your annual EMP501 reconciliation for the period 1 March 2017 – 28 February 2018 is due for submission by 31 May 2018, together with all Employees […]
March 29, 2018

Directors: The Steinhoff Debacle Highlights Your Exposure To Personal Liability

The “new” Companies Act of 2008 promised to place greater accountability and liability burdens on directors. This was in response to directors being given greater powers […]
March 29, 2018

South Africa’s Importance To The World

“The only man I envy is the man who has not been to Africa – for he has so much to look forward to” (Richard Mullin) […]
March 29, 2018

How To Grow Your Small Business Rapidly With Digitalisation

“Digitalisation – the use of digital technologies to change a business model and provide new revenue and value-producing opportunities” (Gartner Glossary) Surveys show that small to […]
March 29, 2018

Minimum Wage Starts Soon: Make Sure You Are Ready

The new minimum wage provisions, originally due to start on 1 May but now reportedly facing delay due to the high number of submissions received from […]
March 1, 2018

Quantum Auditors is now TGS South Africa

Many have predicted 2018 to be a year of progressive change. Well, we at Quantum and 1.2.3. Consulting believe in embracing change. It is part of […]
March 1, 2018

You and Budget 2018: It Could Have Been Worse!

“What people really want is fairness. They want people paying their fair share of taxes” (Barack Obama) In the Medium Term Budget Speech (MTBS) last October, […]
March 1, 2018

You and Budget 2018: The New Tables

For ease of reference please find below – The new tax tables for individuals and trusts (with notes). The new tax tables for Small Business Corporations. […]
March 1, 2018

Make Sure You Have a Shareholders’ Agreement

A well-known attorney recently said he is constantly surprised by the number of shareholder disputes that could be quickly resolved if there was a shareholder agreement. […]
March 1, 2018

Your Tax Deadlines for March, and How to Upload Supporting Documents when eFiling

There are only run-of-the-mill deadlines for March. When eFiling you can upload twenty files per day as supporting documentation – these files can be no more than […]
February 26, 2018

CREDIT BUREAUS: CAN I BE BLACKLISTED?

There is no such thing as a black list. It simply means that there are negative data on your credit report that is hosted at a […]
February 2, 2018

Stop the World I Want To Get Off

“Join the slow e-mail movement! Read your mail just twice each day. Recapture your life’s time and relearn to dream.” (Dan Russell, IBM Researcher) We live […]
February 2, 2018

Allowable Stock Deductions: Hopefully Less Tax, Less Admin

George, the CEO of a company, was driving with his Finance Director, James, to a meeting. George had learned of a recent Tax Court case around […]
February 2, 2018

Taxpayers: Why YOU Should Participate in this Local Survey by SAICA

The cost of tax compliance has recently been in the spotlight as SARS’ revenues have fallen and pressure is mounting on taxpayers to spend even more […]
February 2, 2018

Submit Your Budget 2018 Tips!

The Minister of Finance makes his Budget Speech on 21 February and would like to hear your tips for the Budget. To submit your suggestions go […]
Share
Tweet
Share