credit score

The Importance of a Good Credit Score

Business credit is one of the most important tools in any entrepreneur’s toolkit. Building a good credit reputation helps the business qualify for credit facilities such as business credit cards and loans, and can open up many other funding opportunities. Your business’ credit begins when you register your new company and is likely to become an important aspect of your success. So how can you build your credit score to ensure you have the best possible score when the time comes that you need it?
tax debt
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Owe SARS a Tax Debt? Here Are Your Options…

There are many ways in which taxpayers can find themselves owing SARS a tax debt, and this is an issue that cannot be postponed or ignored – immediate action is required to prevent SARS from exercising their wide powers of debt collection. In this article, we look at how tax debts arise; how taxpayers are notified; what your options are when you don’t dispute the tax debt but can’t pay; and what must be done if you do want to dispute the tax debt.
business bankruptcy
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Business Bankruptcy – Identifying the Main Causes and Avoiding this Outcome

Business bankruptcy is a reality - but by understanding what goes wrong, and what can be done to mitigate business money mistakes, you can put yourself in a better position to succeed as a business owner.
Impacts of VAT increase
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The Impact of Increased VAT

As you may have been made aware and was outlined in our previous article, ‘2018 Budget Related Tax Implications’ Sunday, 1 April 2018 saw VAT increase from 14% to 15%. This was the first increase in 25 years. What is VAT? VAT stands…
Chartered Accountant

Quick steps to ease debt

A recent report issued by Sanlam revealed that a shocking seventy percent of middle-class South Africans are feeling crippling financial pressure. According to the survey, the blame can be placed on the cost of education and university, a lack…