Who needs a will and the importance thereof

Wherever you go, your will should follow… Assets come in many forms – from the small amount of spending money in your bank account, to the deposit saved up for a home, or the house itself and its contents, the shiny new car or the trustworthy one that never lets you down, or even the […]

New requirements for section 18A receipts issued by public benefit organisations

Section 18A of the Income Tax Act allows approved public benefit organisations (PBOs) to issue receipts to donors for donations received. The receipt issued by a PBO allows the donor to receive a tax deduction for such expenditure, subject to the limitations in section 18A.On 24 February 2023, a notice was issued by the South […]

The benefits of outsourcing your accounting function

Small businesses are driven by entrepreneurs, for whom the thought of technical accounting and compliance processes can often be a burdensome one. This may be due to the loss of your valuable time that could have been better invested in growing your business, a lack of specialised accounting knowledge, or the cost consideration of employing […]