Your Tax Deadlines for February 2021

5 February – Monthly PAYE submissions and payments 25 February – VAT manual submissions and payments 25 February – Excise Duty payments 26 February- Personal Income Tax Provisional Tax payments 26 February – VAT electronic submissions and payments 26 February – Corporate Income Tax Provisional Tax payments   Disclaimer: The information provided herein should not…

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What Should You Do If a Creditor Tries to Liquidate Your Business?

Due to the recession, there are a rising number of local companies in financial distress and facing threats or applications from creditors to liquidate their businesses. The latest Statistics South Africa (StatsSA) figures released in November show that the total number of liquidations increased by 33.2% in the three months ended October 2020 compared with…

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The Way Forward: More Virtual Meetings?

“Any sufficiently advanced technology is indistinguishable from magic” (Arthur C. Clarke, English science writer and inventor) Virtual meeting platforms have their pros and cons, but the standout advantages seem to be their cost effectiveness, time saving capabilities and their ability to host large numbers of attendees at very small cost.  The options available to companies…

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Your Tax Deadlines for January 2021

7 January – PAYE submissions and payments 25 January – VAT manual submissions and payments 28 January – Excise Duty payments 29 January – VAT electronic submissions and payments 29 January – CIT provisional payments Disclaimer: The information provided herein should not be used or relied on as professional advice. No liability can be accepted…

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Your Tax Deadlines for December 2020

  7 December – Monthly PAYE submissions and payments 24 December – VAT manual submissions and payments 30 December – Excise Duty payments 31 December – VAT electronic submissions and payments 31 December – CIT Provisional Tax Payments where applicable. Disclaimer: The information provided herein should not be used or relied on as professional advice.…

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Your Tax Deadlines for November 2020

6 November – Monthly PAYE submissions and payments 16 November – D-date for taxpayers filing online 25 November – VAT manual submissions and payments 27 November – Excise Duty payments 30 November – VAT electronic submissions and payments 30 November – Company Provisional Tax Payments where applicable. Disclaimer: The information provided herein should not be…

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How to Protect Yourself and Your Company after the Experian Data Leak

“Cyber-Security is much more than a matter of IT.” (Stéphane Nappo, 2018 Global Chief Information Security Officer of the year)  According to official communications from Experian, a consumer, business and credit information services agency, an individual in South Africa claiming to represent a legitimate client fraudulently requested services from it and was simply given the …

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The Feasibility of a Freelancing Business in Uncertain Times

Business start-up planning has been extensively covered over the past twenty years and longer, and without understating its importance or re-inventing the wheel, perhaps it has been overplayed. Much training is available on the Internet, including templates and guidelines provided by banks and the SA Department of Trade and Industry. To start a freelancing business…

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Your Tax Deadlines for October 2020

7 October – Monthly PAYE submissions and payments  22 October – D-day for Branch filing – Taxpayers who cannot file electronically  23 October – VAT manual submissions and payments  29 October – Excise Duty payments  30 October – VAT electronic submissions and payments  30 October – Company Provisional Tax Payments where applicable Disclaimer: The information…

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