It’s not all doom and gloom - Some things are cheaper!
So if you’ve been thinking they way I have, you would be under the impression that prices are sky rocketing across the board on all goods and services. Luckily for all of us that belief...
Posted at 10:41h
in
Tax
by Vangelis Kyriazis
Employee or Independent Contractor
Many individuals question whether they are an employee or independent contractor for tax purposes. There are advantages and disadvantages to both options and guidance from SARS that determines your classification.
Employee – benefits to you:
Annual and sick leave under the Basic Conditions...
Posted at 19:51h
in
Tax
by Vangelis Kyriazis
The VAT of food? Delicious and Nutritious for your bank account.
The VAT Act allows for certain food products to be zero rated (meaning that there is no VAT applied to the food product). The idea behind this is to make necessities more affordable for...
The Power of Digital to reduce business costs
9 in10 South African adults own mobile phones, of that, about 7 are smartphones. The average user of a smartphone spends over three hours a day on the internet. Furthermore they spend two hours plus on social media...
CRM a.k.a Customer Relationship Management (Yeah I didn’t know either)
Have you found yourself hearing the acronym CRM thrown around by people you work with and had no clue what it means? You then went to go and google it, since they said ‘CRM’ with such...
Posted at 11:56h
in
Tax
by Vangelis Kyriazis
Urban Development Zones (“UDZ”) have been introduced to incentivise investment and rejuvenation of the cities in South Africa. Purchasers of property in various cities will receive a tax incentive provided certain conditions are met.
Cities where UDZ is available:
Johannesburg CBD
Cape Town CBD or
Durban...