Brendmo Chartered Accountants, Author At Brendmo Chartered Accountants

25 Apr 23

Affordable Ways to Reap the Benefits of Engaged Employees

Brendmo Chartered Accountants

“Always treat your employees exactly as you want them to treat your best customers.” (Stephen R. Covey) Gallup describes “engaged employees” as those who are involved in, enthusiastic about, and committed to their work and workplace. Numerous studies over many decades have confirmed the benefits of engaged employees especially to…

25 Apr 23

Setting Up Your Finances in a New Business

Brendmo Chartered Accountants

“A house built on granite and strong foundations, not even the onslaught of pouring rain, gushing torrents and strong winds will be able to pull down.” (Haile Selassie, Former Emperor of Ethiopia) When starting a new business, few things are as important as establishing your finances and making sure they…

25 Apr 23

Happy Tax Freedom Day!

Brendmo Chartered Accountants

“In 2022 South Africa had the 12th highest income tax burden, the 9th highest company income tax burden, and the 14th highest non-resource tax burden worldwide.” (Garth Zietsman, South Africa’s Tax Freedom Day statistician) Tax Freedom Day marks the day in the year when South Africans stop giving all their money to their…

25 Apr 23

Your Tax Deadlines for May 2023

Brendmo Chartered Accountants

5 May – Monthly Pay-As-You-Earn (PAYE) submissions and payments 30 May – Excise Duty payments 31 May – Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments where applicable. Disclaimer: The information provided herein should not be used or relied on as professional advice. No liability can be accepted…

30 Mar 23

Why (and How) to Submit Skills Development Reports by 30 April

Brendmo Chartered Accountants

“We need to give importance to skill development because this way we can end unemployment.” (Narendra Modi, Prime Minister, India) Since 1999, the Skills Development Levy (SDL) has served to fund skills development in the country. It encourages a planned and structured approach to skills development so employers, employees and…

30 Mar 23

5 Business Plan Mistakes to Avoid

Brendmo Chartered Accountants

“Proper business planning demands that you focus on the self-interest of the customer at all times.” – (Brian Tracy, Author and Speaker) Writing a business plan can feel like a daunting process, and making mistakes is part of the package, even if you follow the online guides and templates. To…

30 Mar 23

UDZ Tax Incentive Extended: Could Your Business Benefit?

Brendmo Chartered Accountants

“…governments internationally have increasingly used tax measures to support efforts aimed at regenerating urban areas.” (SARS Guide to the UDZ Allowance) The urban development zone (UDZ) tax incentive, provided for in section 13quat of the Income Tax Act (the Act), was introduced 20 years ago in 2003, as an accelerated depreciation allowance for property…

30 Mar 23

Tips for Generating Customer Trust as a Start Up

Brendmo Chartered Accountants

“Consumers don’t just buy products and services anymore; they buy experiences. This demands a new approach to marketing, sales, and services; one that hinges on winning customer trust.” (Ben Jackson, Author “The Future of Commerce) With customer trust being the most important element in attracting sales, contracts and clients, gaining…

30 Mar 23

Your Tax Deadlines for April 2023

Brendmo Chartered Accountants

1 April – Start of the 2022/23 Financial Year 6 April – Monthly Pay-As-You-Earn (PAYE) submissions and payments 26 April – Excise Duty payments 28 April – Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments where applicable. Disclaimer: The information provided herein should not be used or relied…

27 Feb 23

Budget 2023: How It Affects You and Your Business

Brendmo Chartered Accountants

“This is not an austerity budget. It is a budget that makes tough trade-offs in the interests of the country’s short and long term prosperity.” (Finance Minister Enoch Godongwana – Budget 2023) Finance Minister Enoch Godongwana’s second Budget contained no major tax proposals, thanks to an improvement in revenue from higher…