TGS South Africa News

January 29, 2020

Lying About Qualifications – Prison Time for Employees on the Horizon

An issue that has been around for a while has been employees misrepresenting their qualifications to their employer. This has adverse consequences for the employer as […]
January 29, 2020

Budget 2020: Tips for Tito – Make Your Voice Count!

On 26 February 2020 the Minister of Finance, Tito Mboweni, will be making his annual budget speech. Traditionally, the Minister asks the public what they would […]
January 29, 2020

Your Tax Deadlines for February 2020

7 February – Monthly PAYE submissions and payments 25 February – VAT manual submissions and payments 27 February – Excise Duty payments 28 February – VAT […]
January 6, 2020

What Will The Next Decade Bring Us?

“If we can win the Rugby World Cup three times, surely it is not asking too much of this country to take the High Road twice […]
January 6, 2020

Your Tax Returns Are Due: Make Sure You Fill In Your Return Correctly

“The hardest thing in the world to understand is the income tax”  (Albert Einstein) Provisional taxpayers using eFiling need to have completed and submitted their 2019 […]
January 6, 2020

How To Detect and Dodge Financial Scams

“If it sounds too good to be true, it probably is” (wise old adage) In the USA, $40 billion is lost every year to scammers. When […]
January 6, 2020

Junk Status Is Not The End – It Can Get A Lot Worse!

It is now widely expected that sometime in the next year or so Moody’s will downgrade South Africa’s debt to junk status. Many see this as […]
January 6, 2020

Your Tax Deadlines for January 2020

 January – Monthly PAYE submissions and payments 24 January – VAT manual submissions and payments 30 January – Excise Duty payments 31 January – VAT electronic […]
November 27, 2019

Sometimes the Best Management Is To Take a Back Seat

“When the best leader’s work is done the people say‘We did it ourselves’” (Lao Tzu) Management is probably more of an art than a science – […]
November 27, 2019

How to Prepare Your Business Plan

“If you fail to plan, you are planning to fail!” (Benjamin Franklin) Previously we discussed why a business plan is so important, this month we look at the mechanics of […]
November 27, 2019

The CIPC to Intensify Compliance Enforcement from January

The Companies and Intellectual Property Commission (CIPC) has announced new requirements for companies and close corporations when completing their Annual Returns. From 1 January 2020 it […]
November 27, 2019

Important: SA’s Rankings on the Ease of Doing Business Index, and an Exciting New Business Registration Platform

In his recent State of the Nation Addresses, President Ramaphosa vowed to speed up economic growth. He has set several key milestones to measure how effectively […]
November 27, 2019

Your Tax Deadlines for December 2019

4 December – Tax Season 2019 eFiling closes for Individuals (if you are a provisional taxpayer, you have until end January 2020 to submit your tax […]
October 31, 2019

Crunch Time for SA – The Medium Term Budget Policy Statement and What it Means to You

“There is a tide in the affairs of men, Which taken at the flood, leads on to fortune. Omitted, all the voyage of their life is […]
October 31, 2019

Businesses: Think Strategically When Cost Cutting

We all know times are tough and many companies are embarking on cost cutting exercises. Unfortunately, this is a necessary procedure but think of the impact […]
October 31, 2019

Cut Your Electricity Bills!

Electricity has become a bane in our lives – not only does it increase in price by double digits each year, but we also face the […]
October 31, 2019

5 Reasons To Never Overlook Your Business Plan

“How can I be so stupid?” (John Cleese recalling when he pitched the BBC to start the Monty Python’s Flying Circus show without a business plan) […]
October 31, 2019

Your Tax Deadlines for November 2019

Deadlines this month are – 7 November – Monthly PAYE submissions and payments 25 November – VAT manual submissions and payments 29 November – Excise Duty […]
September 30, 2019

A Tip for Anyone with Too Much Debt – Try the ‘Snowball Method’

Note: Even if you yourself are financially secure, please consider passing this article on to someone else who may be struggling with a debt burden – […]
September 30, 2019

A Break for Taxpayers on Interest Received From SARS

Until last year taxpayers had to accrue interest owed to them by SARS. This proved difficult for taxpayers as SARS can take a few years to […]