festive season gifts for employees here’s how sars will tax them
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Festive Season Gifts for Employees? Here’s How SARS Will Tax Them

Giving your employees gifts this Festive Season? Then be sure to check with your accountant first! This is because any kind of gift that an employee receives from an employer will be taxable in the hands of the employee, and in some cases, could have a detrimental impact on an employee’s overall tax liability. Find out here how SARS will tax the most common gifts to employees, and how to ensure your employees get the maximum benefit from any gift they receive from your company this year.
Business Plan
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How to Write a One-Page Business Plan

With the final days of 2023 ticking away, there is still time to do something that’s becoming all the rage among successful entrepreneurs – develop a one-page business plan. Like the elevator pitch before it, the idea of the one-page business plan is to distil the essence of your business down to its most important elements. A one-page business plan makes it significantly easier to keep track of your key purpose, targets, milestones and KPIs, while also allowing relevant personnel to easily distil the important messages and goals. Here’s how to make one.
9 tips for catching cv liars
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9 Tips for Catching CV Liars

We live in desperate times. South Africa’s official unemployment rate is 33%, and the unofficial one is thought to be much higher. In a climate like this more and more people find themselves desperately seeking work and the number lying on their CVs is rising every year. But lies on a CV are not the harmless fibs that applicants may think they are. Hiring someone into a position they are unqualified for can be extremely damaging to any business. Here then are 9 tips for detecting lies on your applicants’ CVs.
hidden costs
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The Hidden Costs of Starting a Business

You have had your bright idea, saved up for months, and finally quit your 9-to-5 to run your own business. You have worked out the finances carefully but it’s still possible you have missed something. Starting a business can be surprisingly expensive, and much of this is down to a variety of hidden expenses. Failure to plan for these unknown costs can put a severe dent in the growth trajectory of your company. Here are the nine most common costs that entrepreneurs don’t plan for.
quiet quitting
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Quiet Quitting and How to Prevent It

2022 saw a new term rapidly enter the lexicon of HR managers everywhere, “quiet quitting”. The term refers to a trend where, instead of formally resigning, workers are coming to work but only just meeting the absolute minimum requirements to keep their jobs. The trend has inspired a number of conversations around the importance of work/life balance compared with the needs of an effective business.
risk
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Using a “Risk Matrix” to Risk-Proof Your Business

As an entrepreneur or business leader, working out the risks your business faces is critical to planning for the future and ensuring you are ready when disaster strikes. A “risk matrix” is a tool designed to help in this scenario as it allows you to plot and compare the likely risks your business faces and therefore establish a hierarchy of threat.
business debt
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Tips for Getting out of Business Debt

As a business grows, owners may find they need to take out loans to build infrastructure, take on essential new employees, meet legal requirements or upgrade equipment to ensure future growth. These moments can each feel necessary at the time, but if business owners are not careful, they may find themselves with more debt than they can reasonably manage. An inability to repay debts is a huge threat to business stability, and in the end, viability. Here are nine tips on how to get out from under crippling business debt.
employee cost
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The True Cost of an Employee

As they develop, businesses often need to take on new employees. The decision as to whether to do so will come down to business needs and the potential for growth compared with the cost of that new employee. Unfortunately, newer business owners can often hugely underestimate the true cost of that employee. Monthly wages are just the first consideration when costing a new employee in this critical equation. Here are the things you need to factor in to work out the true cost of an employee.
directors
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Directors: Prepare and Submit Your Company’s Beneficial Ownership Register

Directors are now obliged to implement a detailed Beneficial Ownership Register for their companies and submit the register to CIPC. Such a register must also be maintained, with beneficial ownership changes recorded timeously and the validity of the information confirmed on an annual basis.
accountants
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Ten Often-Overlooked Ways Your Accountant Can Help Your Business

From assisting with HR, to streamlining cashflow and getting involved with your business software, accountants can provide a wide range of services. We take a closer look at a number of the lesser-known abilities of accountants and reveal just how they may be able to help you more than you expect.