by Felmeg Accounting | May 10, 2019 | General
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...
by Felmeg Accounting | Feb 28, 2019 | General
Starting in 2018, there was a spike in South Africans looking for second passports, mostly in Europe. This is not unique to SA, as most developing countries experience high migration flows, particularly among the wealthy The most popular destinations are Malta,...
by Felmeg Accounting | Feb 26, 2019 | General
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...
by Felmeg Accounting | Feb 25, 2019 | General
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...
by Felmeg Accounting | Feb 8, 2019 | General
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...