Upon closer inspection of the official statement from the office of the President, this is my interpretation on it and not official advice. Using the tax system, we will provide a tax subsidy of up to R500 per month for the next four months for those private-sector employees earning below R6,500 under the Employment Tax…
(PATC does not charge for the preparation of Wills if Gavin Bacon / PATC will be the executor) A.) For a basic straight forward Will: – Both full names and surnames – we’ve got this therefore ignore Your ID No’s. – we’ve got this therefore ignore Confirmation that Gavin Rennie Bacon of PATC will be…
Are you self-employed, a contractor, a freelancer, or a budding entrepreneur who is proudly boss-free? No matter how you do it, if you earn an income, you legally need to pay income tax. Not sure how to go about this? contenu utile sur assurance antivol budget Read on…
With the 2011 change in the Companies Act, 80 to 90% of companies in South Africa, namely PTY Ltds, do not require an annual audit. Rather the new Act allows for an independent review – an alternative form of ‘auditing’ a company’s financial statements. Will a review do for your company? Or would an annual…
Every income earning individual needs to have a financial plan – this will ensure that your money and lifestyle is protected. However, it might surprise you to know that women have different financial planning needs to men, even if they need similar financial products. Do you know how best to plan your finances as a…
Just starting out in a new business? To make sure your business runs efficiently, you need to familiarise yourself with a number of accounting terms and understand how these are used (by yourself as a business owner and your accountant) in your financial records.
Income tax is the money paid to the government through SARS from the personal wages of working individuals. This money is used to help fund community projects such as government hospitals and roads. Once you are registered with the South African Revenue Services (SARS) as a taxpayer, the amount of tax you pay depends on:…
As difficult as it may be to believe, employee fraud and theft is a major concern in most businesses, small and large. In the case of a business, fraud refers to stealing cash or non-cash assets, intentionally misstating facts on the business’ financial statements, and corruption (where employees influence business transactions for their own benefit).
We’ve all had that suspicious looking email show up in our inbox or that pop-up on a website promising us millions in easy money. A royal prince needs you to hold on to his fortune in exchange for a massive reward, an old lady needs your help protecting her inheritance, ‘SARS’ wants to give you…
Advice from Gavin Bacon, Owner of PATC It is easy to get into a disorganised state of mind and become messy at work when we move closer to the end of the year. I have put some tips together for you to use to avoid this from happening and to help you stay on top…
