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...
by Felmeg Accounting | Oct 26, 2018 | General
The number crunchers at the DA have tallied up the amount of irregular, fruitless and wasteful expenditure in government departments and state-owned entities (SOEs) and it comes to a staggering R100,9 billion. Earlier this month the DA put the figure at about R76...
by Felmeg Accounting | Oct 15, 2018 | General
The country has seen a increase in new lenders in South Africa due to banks been so strict with FICA and the National Credit Act. These lenders offer unsecured credit agreements and are not governed by the NCR or any other government body. Mashonisa is used to...
by Felmeg Accounting | Oct 15, 2018 | General
The role of accountants and auditors will evolve as blockchain starts to embed into accounting practices. Human auditors will no doubt still run the process of defining audit standards and strategies. These will then be coded into a blockchain so transactions are...
by Felmeg Accounting | Oct 4, 2018 | General
Even though many people view cryptocurrencies as a speculative investment, it’s still worth adding it as a payment option if you run an e-commerce store. Several reputable stores already include cryptocurrency payment options, and the number is growing each week. In...
