Blog | Bloom & Associates Incorporated

Companies: How to Manage Your Greater Tax Risk in 2021

Bloom SA

Jan 6, 20215 min read

Companies: How to Manage Your Greater Tax Risk in 2021

"If you think compliance is expensive - try non-compliance." (Paul McNulty, former US Deputy Attorney General) The extent of corporate...

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Five Mistakes to Avoid When Investing Offshore

Bloom SA

Jan 6, 20215 min read

Five Mistakes to Avoid When Investing Offshore

“An investment in knowledge pays the best interest” (Benjamin Franklin) It can be tempting to look at South Africa and the bad news that...

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What Should You Do If a Creditor Tries to Liquidate Your Business?

Bloom SA

Jan 6, 20216 min read

What Should You Do If a Creditor Tries to Liquidate Your Business?

Due to the recession, there are a rising number of local companies in financial distress and facing threats or applications from...

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Bloom SA

Jan 6, 20212 min read

The Way Forward: More Virtual Meetings?

"Any sufficiently advanced technology is indistinguishable from magic" (Arthur C. Clarke, English science writer and inventor) Virtual...

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Bloom SA

Jan 6, 20211 min read

Your Tax Deadlines for January 2021

7 January - PAYE submissions and payments 25 January - VAT manual submissions and payments 28 January - Excise Duty payments 29 January -...

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A Remote Working Danger: Independent Contractor or Employee?

Bloom SA

Nov 27, 20205 min read

A Remote Working Danger: Independent Contractor or Employee?

The prevalence of remote working since the start of the national lockdown in March has brought to the fore the need to distinguish...

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Accounting Tips for SMMEs in a Rocketing Tax Future

Bloom SA

Nov 27, 20203 min read

Accounting Tips for SMMEs in a Rocketing Tax Future

“The avoidance of taxes is the only intellectual pursuit that carries any reward”: John Maynard Keynes While there are diverse reasons...

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6 Tips for Getting the Most from Your Tax-Free Savings Account

Bloom SA

Nov 27, 20206 min read

6 Tips for Getting the Most from Your Tax-Free Savings Account

“He said that there was death and taxes, and taxes was worse, because at least death didn’t happen to you every year.” (Terry Pratchett,...

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Employees Working Abroad: How to Avoid Double Tax

Bloom SA

Nov 27, 20204 min read

Employees Working Abroad: How to Avoid Double Tax

“Every advantage has its tax.” (Ralph Waldo Emerson) The purpose of the foreign remuneration exemption, which was introduced in 2000, is...

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Bloom SA

Nov 27, 20201 min read

Your Tax Deadlines for December 2020

7 December – Monthly PAYE submissions and payments 24 December – VAT manual submissions and payments 30 December – Excise Duty payments...

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Leaving a Legacy: Ensure Your Business Survival with a Succession Plan

Bloom SA

Oct 29, 20203 min read

Leaving a Legacy: Ensure Your Business Survival with a Succession Plan

“A leader’s lasting value is measured by succession.” (John C. Maxwell) Succession planning is preparing for the future of your business,...

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Six Tips for More Effective Online Meetings

Bloom SA

Oct 29, 20204 min read

Six Tips for More Effective Online Meetings

“Meetings should be like salt – a spice sprinkled carefully to enhance a dish, not poured recklessly over every forkful. Too much salt...

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Bloom SA

Oct 29, 20204 min read

SMMEs: Preparing for the Second Wave

“Forewarned is forearmed” (Samuel Shellabarger, Prince of Foxes) The daily Covid-19 infection rate has decreased considerably over the...

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The Five Most Common Tax Pitfalls That Small Business Owners Should Avoid

Bloom SA

Oct 29, 20206 min read

The Five Most Common Tax Pitfalls That Small Business Owners Should Avoid

There are five common tax pitfalls that owners of small businesses should look out for and avoid. These hazards include three value added...

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Bloom SA

Oct 29, 20201 min read

Your Tax Deadlines for November 2020

6 November – Monthly PAYE submissions and payments 16 November – D-date for taxpayers filing online 25 November – VAT manual submissions...

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Your SME and the Economy – Prepare for the Long Way Back

Bloom SA

Sep 29, 20204 min read

Your SME and the Economy – Prepare for the Long Way Back

The South African economy could take as long as seven years to get back to the size of R5.1 trillion it was at the end of 2019 before...

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Employee Health and Wellbeing: A Strategic Priority for COVID-19 and Beyond

Bloom SA

Sep 29, 20203 min read

Employee Health and Wellbeing: A Strategic Priority for COVID-19 and Beyond

“It goes without saying that no company, small or large, can win over the long run without energized employees who believe in the mission...

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How to Protect Yourself and Your Company after the Experian Data Leak

Bloom SA

Sep 29, 20203 min read

How to Protect Yourself and Your Company after the Experian Data Leak

“Cyber-Security is much more than a matter of IT.” (Stéphane Nappo, 2018 Global Chief Information Security Officer of the year) According...

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The Feasibility of a Freelancing Business in Uncertain Times

Bloom SA

Sep 29, 20204 min read

The Feasibility of a Freelancing Business in Uncertain Times

Business start-up planning has been extensively covered over the past twenty years and longer, and without understating its importance or...

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Bloom SA

Sep 29, 20201 min read

Your Tax Deadlines for October 2020

7 October - Monthly PAYE submissions and payments 22 October - D-day for Branch filing - Taxpayers who cannot file electronically 23...

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