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31 May 21

3 Tips Business Owners Can Use to Pay Less in Taxes in South Africa

Brendmo Chartered Accountants

There is no way to avoid paying tax, and it is essential to submit your tax returns to SARS on time to avoid late submission penalties. We call late submission penalties fruitless and wasteful expenditure. However, you can plan and save on your tax bill with allowable tax deductions and…

24 May 21

3 Reasons Why Your Business Needs A Chartered Accountant

Brendmo Chartered Accountants

One of the main causes of SMEs failure is poor financial management. Many entrepreneurs or business owners take it upon themselves to ‘run the books’ hoping to save more money. However, a wide range of case-studies show that the benefits of professional bookkeeping and accounting services can be essential to…

17 May 21

A Simple Guide To VAT Registration in South Africa

Brendmo Chartered Accountants

Thank goodness SARS introduced e-filing in 2003. Before then, many of you might still recall the daunting mission of having to physically go into their offices with all the required information and wait in long queues for your VAT registration to be processed. If VAT registration is a completely new…