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Felmeg Blog
Let’s talk about financial news, bitcoin, money, and accounting.
Sars bullying tactics
Sars Commissioner failing Tax Practitioners
For decades the Tax Practitioners have been the main collectors of Sars Debt,since Edward...
Now is the time you need a good accountant
The violence and looting under the guise of protests against former president Jacob Zuma's...
Immigration Explained
Emigration is the act of moving away from a country, but few people understand that Physical...
Covid Theft – Need for Ethical Accountants
It is interesting to note that South Africa was not alone in having to contend with an army of...
Consumer Inflation in a Nutshell
South Africa's consumer price growth rose to its highest in more than a year and close to the...
Generation Z Accountants(Gen Z)
For Gen Z, it’s personal, with worries on job security and well-being highest. Generation Z are...
SARS is stealing from Business Owners
I have recently had two clients have Sars steal money from their Business accounts for PAYE, even...
Move to Level One of Lock-down
South Africa – is there any hope?
At this point, it’s fair to say that South Africa is a total mess. Anybody who disagrees with this...
South Africa ready for a Tax Revolt
Tax revolts date back to biblical times. Throughout the ages they have exhibited similar symptoms...
Large Audit firms vs Small Accounting firms
Recently in a article published, it was said that the Big Four Auditing firms bungled 31% of US...
Trusts in a Nutshell
There are three types of trusts: 1-Ownership trust–A founder or settlor transfers ownership of...
Tax Inspectors without Borders
Ensuring that multinational enterprises pay their fair share of tax is a growing concern...
Felmeg Welcomes appointment of Adv Hermione Cronje as head of NPA
We are always happy to see appointments by qualified and experience personel to the government -...
Be careful of Billing Fraud
What is billing fraud? It can be described as an employee creating a fake invoice or inflating an...
Wealthy South Africans looking for second passports
Starting in 2018, there was a spike in South Africans looking for second passports, mostly in...
Budget Speech in a Nutshell
I am not going to go into detail regards GDP, Gross Public spending or Moodys credit rating that...
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...
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...
State Mismanagement estimated at 7% of SA Budget
The number crunchers at the DA have tallied up the amount of irregular, fruitless and wasteful...
Personal Loans – what is a Mashonisa
The country has seen a increase in new lenders in South Africa due to banks been so strict with...
How the Big Four Accounting Firms Are Preparing for Blockchain
The role of accountants and auditors will evolve as blockchain starts to embed into accounting...
How to Accept Cryptocurrency in Your E-Commerce Store (and Why You Should)
Even though many people view cryptocurrencies as a speculative investment, it’s still worth adding...
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