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Motorists could be in for another big petrol price cut in September as global oil prices have fallen into a bear market on fears of weakening fuel demand due to the looming recession. This comes as fuel prices eased for only the second time this year at midnight as...

The Ombudsman for Banking Services (OBS) says it is receiving complaints from bank customers relating to creditors coming after prescribed debts – and it is now urging consumers to get informed about how this debt is handled in South Africa. Prescribed debts are...

The most successful accountants are those who approach the world as a child would. They’re curious about their surroundings, ask questions, and adapt quickly and easily to change. This mindset not only makes them better accountants but also helps them to understand...

South African taxpayers should ensure that all of their affairs are in order before accepting their auto-assessment from SARS this tax season, says specialist immigration firm Sable International. “If your tax affairs are simple, it might be true that this change...

Registering your small business can seem like a big step, but for new entrepreneurs, it's a smart choice. As a small to medium-sized business (SMB) owner, you want to establish and protect your unique brand. You also want to ensure that if anything happens to your...

The best accounting practice is to keep your personal finances separate from your business finance but some are concerned about the "costs" of opening business accounts. Follow this link to see your options, it may not be as expensive as you think... To view the...

The accounting industry is transforming rapidly, which means accountants need to adapt to provide high-quality services to a wide variety of businesses. One of the ways this can be done is by embracing AI-powered cloud accounting solutions. These services have shifted...

The South African Revenue Service (SARS) has published its annual guide for the income tax season, detailing who is expected to pay income tax in South Africa and the different types of income which will be taxed. Here are the tax thresholds for 2022 – and who doesn’t...

With a rapidly evolving fraud landscape where fraudsters are leveraging the latest technologies and constantly refining their modus operandi, businesses should always be on guard to avoid falling victim to the latest scams which could potentially see them losing...

Please be vigilant in regards to emails received from SARS. Do not open or respond to emails from unknown sources. Beware of emails that ask for personal, tax, banking and eFiling details (login credentials, passwords, pins, credit / debit card information, etc.)....