Cryptocurrency – Be Aware of Tax Implications
With cryptocurrencies becoming more and more accessible for people to invest in, many investors remain unaware of the tax implications. In 2018, the South African Revenue Service already issued a media release to clarify its stance on the tax treatment of crypto-currencies. Cryptocurrencies – be aware, there are tax considerations that need to be considered when […]
Cloud Accounting Advisory with Xero
Xero is cloud accounting software that enables accountants, advisors, and business owners to access a business’s accounting records from anywhere, at any time. It is a powerful platform that streamlines and simplifies the accounting process while providing real-time accounting information. Since Xero has been cloud-based since the start, the platform presents endless opportunities to integrate […]
ASL Staff News
SAICA Applied Test of Competence (APC) We hereby congratulate all staff members who successfully completed the APC assessment in December 2021. This is the largest ASL group of APC candidates who have completed the assessment in one sitting. The continued roles you play at ASL through client engagements are of immense value. Photographed, from left […]
ASL Personeelnuus
Dit is vir ons hiermee aangenaam om te bevestig dat Ryan Slabbert en Jan Odendaal, wat beide as assistentbestuurders in die oudit-en-gerusstellingsafdeling gewerk het, tot kliëntebestuurders bevorder is. Ryan, wat onlangs sy finale raadseksamen as Geoktrooieerde Rekenmeester voltooi het, werk sedert 2020 by die firma en is tot kliëntebestuurder in ons besigheidsoplossingsafdeling bevorder. Jan, wat […]
Funding 2.0 | How access to finance is changing
It’s no secret that SMEs are the most significant contributor to economic growth and job creation in South Africa. However, their importance notwithstanding, SMEs are confronted with significant obstacles that hinder them from thriving! The most significant barrier is access to funding for scaling up and expanding businesses. The attention of business owners and entrepreneurs […]
Marriage and Tax: Why choosing how you get married is as important as choosing your wedding ring
Once the “big” question has been asked and met with a resounding “Yes!”, the planning for your dream wedding commences. A big part of the planning focuses on the budget for the wedding and how it should be spent, who to invite, seating arrangements, etc. But just as important as the decision to get married […]
Die belangrikheid van goeie korporatiewe bestuur
Korporatiewe bestuur is in wese die wyse waarop entiteite bestuur en gereguleer word. Suid-Afrikaanse wetgewing bevat verskeie vereistes waaraan maatskappye moet voldoen om ‘n goeie korporatiewe burger te wees. Dit is dus belangrik dat maatskappye bewus is van hierdie wetlike vereistes om sodoende te verseker dat hulle goeie korporatiewe bestuurspraktyke handhaaf. Drie algemene foute is: […]
Tax considerations when employees work remotely abroad
Remote working has become the norm in the digital era for many employees. Employees are demanding more flexibility in the way they perform their services, with some employees even choosing to render their services outside the borders of South Africa. Before allowing employees to work abroad, it is essential to consider whether their employment abroad […]
SAID / Belasting verwikkelinge
SAID- en eFiling korrespondensie Na aanleiding van die onlangse bedrog en die kaping van efiling profiele wat deur die Suid-Afrikaanse Inkomstediens (SAID) ondervind is, het hulle hul beleid rondom kommunikasie aan belastingbetalers aangepas. Gevolglik sal alle korrespondensie voortaan slegs aan belastingbetalers se persoonlike e-pos adresse gestuur word en nie meer aan u belastingpraktisyn (ASL) gestuur […]
Highlights of the 2022 Budget Speech
The 2022 Budget Speech was delivered by Finance Minister Enoch Godongwana on Wednesday, 23 February 2022. Herewith follows a summary of some of the highlights: Rebates will be adjusted in line with inflation. The change in the primary rebate increases the tax-free threshold from R87 300 (in 2021) to R91 250 for taxpayers under the […]