by Erasmus Pretorius | Oct 11, 2019 | Financial Strategy and Planning, Tax and Compliance
Changes in SARS regulations for the taxation of family trusts with assets in South Africa and / or abroad have put a bit of a dent in the massive tax savings afforded by putting one’s Estate into a Family Trust. The innovative tax solutions offered by family trusts...
by Erasmus Pretorius | Oct 6, 2019 | Accounting Insights
The best accounting software is best for managing complex, diverse and compliant financial activities. By this simple definition – Xero is the best accounting software – and will continue to be. In fact, Forbes magazine has named Xero the ‘World’s Most Innovative...
by Erasmus Pretorius | Sep 30, 2019 | Accounting Insights
Payroll is one of the most complex accounting tasks faced by companies. Even a small company with just a few employees faces tightly regulated payroll processes. The labour law regulations, SARS and other statutory requirements associated with payroll can become a...
by Erasmus Pretorius | Sep 25, 2019 | Accounting Insights
Assigning value is not straightforward when it comes to ‘intangible assets’ – intellectual properties that when valued collectively, for how they work collectively, are known as ‘business goodwill’. Business Goodwill – the ‘sum that is greater than its parts’:...
by Erasmus Pretorius | Sep 20, 2019 | Accounting Insights
The importance of cash flow equates to how easy it is to run your business and maintain the financial health of your business. To run a business, you need to pay for things and pay staff. You need to have money at your disposal to pay accounts, bills, rent and other...