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Bloomsa
Jun 28, 20182 min read
Small and Medium-Sized Businesses: How to Stay Healthy and Profitable
Today getting an SME going is incredibly difficult as they face enormous red tape (FICA, getting loans, VAT registration and so on) and...
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Bloomsa
Jun 28, 20181 min read
Your Tax Deadlines for July, and Keep Your Car Allowance Logbook Up To Date!
There are no major deadlines this month. Just a reminder for those on a car allowance to keep comprehensive logbooks as per SARS...
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Bloomsa
May 31, 20183 min read
Lessons for Your Business: How Does the World’s Most Successful Company Keep Growing?
Amazon is now regarded as the best company in the world – its market capitalisation is approaching R800 billion and its founder Jeff...
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Bloomsa
May 31, 20181 min read
When Do We Stop Working for SARS This Year?
It has become a global phenomenon measuring Tax Freedom Day, the day up to which you work to pay your taxes – only after Tax Freedom Day...
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Bloomsa
May 31, 20182 min read
Risk Management for Your SME
“All courses of action are risky, so prudence is not in avoiding danger (it’s impossible), but in calculating risk and acting decisively”...
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Bloomsa
May 31, 20181 min read
The European Union has Implemented GDPR – It May Affect You
The EU’s General Data Protection Regulation (GDPR) became enforceable on the 25th of May. It is regarded as the world’s most...
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Bloomsa
May 31, 20182 min read
Companies: “XBRL” is Coming Soon. What is it and Are You Affected?
The Companies and Intellectual Property Commission (CIPC) will from 1 July 2018 require that all Annual Financial Statements (AFS)...
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Bloomsa
May 31, 20181 min read
Your Tax Deadlines for June, and Beware SARS Scams
There are only run-of-the-mill deadlines this month. It is worth getting your filing and workpapers ready for your 2018 tax return as...
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Bloomsa
May 2, 20182 min read
Practical Tips on Cash Flow
“Never take your eyes off cash flow because it’s the life-blood of business” (Richard Branson) The Companies Act is underpinned by the...
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Bloomsa
May 2, 20183 min read
Here’s what You Should Know About “YES” (our Youth Employment Service) and the Opportunity for SMEs
One of the most intractable problems facing South Africa is high unemployment, particularly (and this is a global problem) among the...
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Bloomsa
May 2, 20181 min read
A Tank of Petrol – Where Does Your Money Go?
Are you aware that less than 40% of the petrol price is made up of actual petrol cost? Most of it goes to pay tax (Fuel Levy), the Road...
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Bloomsa
May 2, 20182 min read
How Big is Your Carbon Footprint and How Can You Reduce It?
“We’re running the most dangerous experiment in history right now, which is to see how much carbon dioxide the atmosphere… can handle...
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Bloomsa
May 2, 20181 min read
Bitcoin is Taxable!
SARS has released a media statement on Bitcoin in which it states that people dealing in Bitcoins or other cryptocurrencies are subject...
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