Unlocking the Power of Accounting Software: What It Means for You as a Client

Unlocking the Power of Accounting Software: What It Means for You as a Client When you think about your accounting firm, you probably picture skilled professionals crunching numbers and making sense of your finances. But did you know that behind those experts is a suite of powerful accounting software tools working tirelessly to make things even […]

Impact of New Revenue Recognition Rules: What Small Businesses Need to Know

Impact of New Revenue Recognition Rules: What Small Businesses Need to Know Accounting rules are always changing, and one of the biggest updates in recent years is the shift in how businesses recognize revenue. If you’re a small business owner in South Africa, this change might seem like just another accounting headache—but understanding it is […]

A Comprehensive Guide for  Independent Contractors on Managing their Taxes.

A Comprehensive Guide for  Independent Contractors on Managing their Taxes. Independent Contracting offers incredible freedom, but also unique tax challenges. Here’s a simplified guide to help you manage your taxes as an Independent Contractor.  Key Tax Obligations As an Independent Contractor, you are responsible for: Self-Employment Tax: i.e. Social Security & Medicare contributions (15.3% for […]

Avoid a Tax Audit: Practical Advice for South African Businesses

Avoid a Tax Audit: Practical Advice for South African Businesses As a South African accountant, I understand the stress that the prospect of a tax audit can cause for business owners. While audits are sometimes random, certain red flags can increase your chances of being scrutinised by the South African Revenue Service (SARS). Here are […]