At Fenns, we keep up with the latest developments in the accounting world, and now you can too. Stay informed with our monthly blog posts and newsletters, featuring insights, updates, and industry news.
E-Mail : office@fenns.co.za
FENNS BRANCHES
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How to Save Big on Corporate Travel in 2025
Online meeting apps have absolutely boomed over the past few years. But in a post-COVID world, business travel is still an expensive necessity for many companies.
Fortunately, it has never been easier to trim the travel budget while still getting the quality you and your employees demand. Here are our tips for saving money on corporate travel.

5 Things to Consider When Buying vs Leasing Equipment
As a business owner or financial manager one of the most important decisions you will make is whether to buy or lease the equipment your business needs to operate.
This decision could have far-reaching financial consequences, particularly for smaller firms – so it must be taken seriously. Here are five things to consider when deciding whether to lease or buy.

The Enormous Benefits of Non-Profit Collaborations
A new year is often a time to rethink your strategy. One option you may not yet have considered is going into partnership with a charity or non-profit organisation.
Apart from an opportunity to do good and help those around you, partnering with a non-profit organisation has been shown to actually boost the business that supplies the aid. Here are our reasons why you should be partnering with a non-profit in 2025.

What Your Balance Sheet Says About Your Business
A balance sheet is a vital financial report for a business, providing a snapshot of the company’s financial health by detailing its assets, liabilities and owners’ equity. These are also used to calculate important financial ratios.
A balance sheet is essential reading for all stakeholders, including businessowners, managers, lenders and investors, as it offers valuable insights into a company’s financial standing and can help improve management decisions.

Are You Ready for the Next Provisional Tax Deadline?
The second provisional tax deadline for the 2025 tax year is just days away (28 February 2025). It’s the trickiest and most important provisional tax deadline of the tax year, because the income estimates on which it’s based must be highly accurate. Estimates that don’t fall within 80 – 90% of your actual taxable income can expose taxpayers to a stiff 20% under-estimation penalty.
We can help you to meet this important deadline and ensure that it meets SARS’ stringent criteria for compliance and zero penalties.

Building a Business: Should You Bring in Funders or Go it Alone?
Building a small business on your own can be hard. It’s difficult to know just where each hour of work and precious cent should go to maximise growth. Product testing, marketing, website costs and infrastructure – these are not cheap and may be hard to put together all at once when starting out. This is why many turn to external investors for help.
But each new person brought into a company brings their own expectations for the future of that business – which can lead to complexity. Let’s take a look at the pros and cons of bringing in investors versus building your business alone.

Starting a New Business? Here Are the Tax Implications…
Starting a new business isn’t just a challenging undertaking. It also comes with a list of tax liabilities and administrative obligations. Not to mention an impact on the business owner’s personal tax affairs.
This overview highlights not only the compelling case for prioritising tax planning when starting a business, but also the reasons why your accountant is a must-have from Day 1...

Why Email is Destroying Your Business (And How to Stop it)
In June 2019, Slack co-founder and CEO Stewart Butterfield declared that business email would be dead and buried within seven years. Now, six years later, email remains as strong as ever – despite the weaknesses Butterfield saw still being there.
Over-reliance on email brings a variety of problems. Problems which are choking businesses and, in some cases, even killing them. Here’s how to stop your business being next.

Tax Compliance in 2025: Help Is at Hand
SARS has warned that it will intensify and deepen its existing administrative efforts to drive taxpayer compliance, deploying more data science and AI, and imposing significant legal and administrative costs on non-compliant taxpayers.
This means that in 2025, maintaining full tax compliance will be more crucial than ever. Your best shot at ensuring all the compliance requirement boxes are ticked continuously and efficiently is to rely on our friendly and professional expertise.

3 Things You Have to Do to Position Your Business for Growth in 2025
In a world where market conditions and consumer preferences are constantly shifting, many business advisors tell leaders to be agile and adaptable if they want their businesses to succeed. While this can be effective, it’s even better for your business to already be positioned to take advantage of any changes that may occur.
Whatever the size of your business, the right planning and structure can lead to growth. Here are three proactive things you can do that will pay off in the long run.

Unlock the Benefits of an End-of-Year Company Review
An effective year-end business review can be a powerful tool for any firm. It identifies effective business processes and highlights areas for improvement, making it easier to formulate a solid plan for the upcoming year.
With our friendly and professional assistance, even the busiest business owners can complete a comprehensive annual business review. We’ll collate all the info, and we’ll help you to understand the numbers, so you can make informed business decisions – setting your business up for greater success in 2025.

6 Ways to Make the Most of Your Employees’ Performance Reviews
With the end of the year around the corner, many businesses will be thinking of conducting their annual performance reviews. These discussions are essential for streamlining business operations and strengthening the bonds between team leaders and employees. But all too often they’re viewed as nothing more than a necessary evil by all involved.
Here are six tips for getting the most out of your employee assessments

