January 22, 2016
It is generally accepted that sales transactions of goods result in revenue at the time the transaction takes place. However, in terms of IFRS for SMEs, […]
November 12, 2015
The question of whether VAT must be levied on costs that are on-charged often arises, particularly when no VAT was incurred on the cost in the […]
November 12, 2015
Provisions and liabilities – words that are often used interchangeably but for accounting purposes they are not the same. To determine whether expenditure is a provision […]
November 11, 2015
Estate duty is charged on the dutiable value of the estate in terms of the Estate Duty Act. The general rule is that if the taxpayer […]
November 11, 2015
Die meeste belastingbetalers ken daardie aaklige gevoel wanneer die SAID stawende dokumente aanvra. Watter stawende dokumente moet ek voorlê? Word ek nou geoudit? Het ek ‘n […]
October 29, 2015
When you sell a product, a discount in the form of a volume discount or an early settlement discount may be given to the customer. Another […]
October 29, 2015
Following the conclusion of the tax year on 28 February 2014 documents are issued to you that must be retained for tax purposes. The following documents […]
October 29, 2015
Aangesien ʼn oudit die aandeelhouers en ander belanghebbende partye van ʼn besigheid teen die risiko van praktyke waar bedrog mag voorkom kan beskerm, kan hulle daarop […]
October 29, 2015
A mother who has always wanted her daughter to inherit her diamond engagement ring may never get her wish if she dies without leaving a valid […]
September 18, 2015
If a company/close corporation is in financial trouble and all possible avenues to save the business have been exhausted, there is one last option available to […]