by Contador marketing | Feb 28, 2019 | Legal/Tax
The focus of this year’s budget is to “address immediate risks to the economy and the public finances,” according to Finance Minister Tito Mboweni. No doubt we all have Eskom, the Moody’s, and the ever-increasing budget deficit on our minds. Let’s look at what you...
by Contador marketing | Dec 19, 2018 | Legal/Tax
Many South Africans are working abroad, either for a short period of time or with the goal of eventually immigrating. If that’s you, or you’re considering taking up foreign employment in the near future, you need to know about the new tax changes that are going to...
by Contador marketing | Nov 26, 2018 | Business Advice, Legal/Tax
A question that we often get from small business owners is whether it’s better to distribute surplus profits as a salary or as a dividend to the owners. There is no simple answer, so to answer this question, we need to look at the tax implications of the different...
by Contador marketing | Aug 28, 2018 | Legal/Tax
You just left your corporate job – to work for yourself. Congratulations! When going out on your own, it’s common to start off with only one client – often a former employer – and then grow your business and sign up more clients as you go along. But during that...
by Contador marketing | Jul 19, 2018 | Legal/Tax
If you operate a small or medium-sized business, you know how important SMEs are for the South African economy. For this reason, special tax rates for small business corporations (SBC) were introduced to help small businesses. Not all smaller businesses qualify for...
by Contador marketing | Mar 27, 2018 | Legal/Tax
There were no big surprises during the 2018 budget speech – even the increase in the value added tax (VAT) rate was expected as the rate remained unchanged since 1993. What was disappointing to hear, though, is how bad we fared last year. For the 2016/17 financial...
