Blessed Easter
At this time last year we were all in COVID lock down. This year you are free to explore and find as many Easter eggs as you can. We hope you all have a blessed …
CIPC Notice 15 of 2021: Solvency and Liquidity Test
REQUIREMENT TO VOLUNTARILY DISCLOSE SOLVENCY AND LIQUIDITY TEST PERFORMED IN THE ANNUALFINANCIAL STATEMENTS The CIPC Notice 15 of 2021 highlights the need to determine solvency and disclose the test for each of the following instances: …
Budget Speech 2021/2022
Business Soul Accounting | by Sheldon Conway The budget speech 2021/2022 presented by Finance Minister Tito Mboweni, was a tense affair this year with not much jest. “These are not austerity measures” was a stern …
Update Banking Details with SARS
BANKING DETAILS VERIFICATION Taxpayers can now submit banking details supporting documents electronically on eFiling or the SARS website should the need arise. They need to provide an image of themselves holding their proof of identity, …
Provisional Tax Deadline and Relief
Provisional tax is due for most companies and individuals on Monday 31st August 2020. In the midst of the COVID-19 crisis, provisional tax returns still need to be submitted. SARS has implemented the following relief …
Proposal for Phased Economic Recovery
The following phased economic recovery plan for South Africa has been implemented: Proposal for Phased Economic Recovery. From the 01 May 2020 phase 4 will be implemented. The financial and professional services sector will open. …
South African Government Relief Measures for COVID-19
By Sheldon Conway of Business Soul Accounting CC – 24 March 2020 Please read the relevant announcement regarding the relief measures. The full statement is included here: President Cyril Ramaphosa: Escalation of measures to combat Coronavirus …
Donations, what SARS needs to know
Are you making donations to your children? Did you make a donation to a third party, that is not a registered NGO/NPO? Did you write off a loan to another person, a trust or a …
