Be careful of Billing Fraud

What is billing fraud? It can be described as an employee creating a fake invoice or inflating an existing one to submit and get paid. Most people think they will never be scammed, and then they are. Non-profits and religious organizations often get hit by billing...

Budget Speech in a Nutshell

I am not going to go into detail regards GDP, Gross Public spending or Moodys credit rating that may be effected.. I am going to highlight the R69bn for Eskom restructuring, which is a Provisional figure that will probably increase depending on the size of the tariff...

Reminder to File Company Income Tax ( ITR 14)

This is a reminder that your Company Income Tax Return (ITR14) is due on 28 February 2019. It is compulsory for registered companies to submit their income tax returns. Companies are required to submit a tax return in the prescribed form twelve months after their...

South Africa needs a Flat Tax

With Budget Day fast approaching it is worth dreaming of a better tax system. So, here we go. Hey Tito, how about a flat tax of 20%? It will save the economy, pay for social grants, and get business going again. It would be great if we could hit the reset button and...