Category: Uncategorized
-
SARS on the Attack: Diesel Refunds
—
SARS Intensifies Diesel Refund Audits: Why a Compliant Logbook is Essential SARS has stepped up its scrutiny of diesel refund claims, with audits now extending to claims made more than two years ago. Many vendors, particularly farmers, are finding their claims rejected due to incomplete or poorly maintained supporting records — most notably, diesel logbooks.…
-
1 year
—
I took the risk of opening my own accounting practice a year ago, and what a journey it has been. It hasn’t always been simple. Long nights, difficult lessons, and many growing pains are all part of building something from the ground up. In retrospect, though, I wouldn’t trade the experience for anything. Just as…
-
Annual Financial Statement Drafting
—
The Importance of Experts in Drafting Financial Statements for SMEs under IFRS for SME Framework in South Africa In the complex landscape of modern business, accurate financial reporting is not just a legal requirement but also a vital tool for decision-making and ensuring the financial health of a company. For Small and Medium Enterprises (SMEs)…
-
VAT Audits and refunds
—
VAT returns are always a contentious topic in the office of the accountant. From SARS issuing VAT verification letters to audit requests, the endless cycle repeats every other month or, if meeting certain criteria, monthly.VAT returns are always a contentious topic in the office of the accountant. From SARS issuing VAT verification letters to audit…
-
Value for money or tick box accountant?
—
Are You Getting the Real Value You Deserve from Your Accountant? It’s no secret—accounting clients across the globe are becoming increasingly discerning, demanding more value, flexibility, and strategic insight from their accounting partners. Today’s business owners expect more than just basic bookkeeping. They want advisory support, proactive financial guidance, and streamlined processes—without being locked into…