by Doctor | Dec 2, 2021 | Estate Planning, Wills
INTRODUCTION INTO ESTATE PLANNING: Estate Planning is a way of organizing your personal and financial affairs to take care of the possibility of mental incapacity or death. There are a number of different estate plans: Will-based estate planning: This is an estate...
by Doctor | Nov 26, 2021 | Accounting, Assurance
types of reporting officers: accounting officer An Accounting officer is someone who is appointed in terms of Section 60 of the Close Corporation Act, 1984 to report on the financial statements and other information of Close Corporation (as well as Most Owner...
by Doctor | Nov 25, 2021 | Tax, Tax Planning
Notice from SARS: The South African Revenue services (SARS) has issued a statement advising all South African property owners that the rental income they receive must be declared in their income tax returns. The statement essentially means that any person who has...
by Doctor | Nov 19, 2021 | Accounting, Assurance
types of companies: Private Company –Owner-Managed This company is also known as (Pty) Ltd and most companies in South Africa are registered as these type of companies Shareholders are also Directors of the business. Shareholders are involved in the running of...
by Doctor | Nov 18, 2021 | Tax, Tax Planning
What is a PAYE: Employees’ tax is the tax that is required to be deducted by an employer from an employee’s remuneration that has been paid or is payable. This process is known as PAYE (Pay-As-You-Earn). How is PAYE calculated: Periodic tax basis: This method...
