Technology: Do I really need that computer stuff?
Some business owners will avoid changes, especially in technology, in order to stick to the old ways of doing things. These ways might well be good and have probably worked for most of the businesses life. However, avoiding changes could be dangerous for your business as today’s business environment is more competitive than ever before, […]
Business is like a car
Business and Cars We drive around in various shapes, sizes, makes, models of transport. Some big and some small. Some owned and some not owned. We even pay other people to drive us home or to wherever we want to go. So, what has this got to do with business? Well, the answer is that […]
Is that employee the correct fit?
In business, your employees are your greatest asset but your greatest enemy too. If they are the right person for the job, they are a productive part of your team. They are then driving the company forward. On the other side of the coin, if they are not the right person or the right fit, […]
Distraction – How distracted are you?
Distraction causes others pain! Last week, I was walking through a local mall. I was on the way to the car. All of a sudden a sharp pain radiated from my right ankle. It was not pleasant. I looked around and saw what had caused the pain. It was a trolley that had connected with […]
Standards in Accounting ensure no grey areas
Standards and regulations Any industry has its own standards and regulations. This is especially true of the financial sector. The accounting side of this is no different. It is a strictly controlled section of the industry. It is unfortunate that a lot of business owners either don’t know or do not believe there are regulations […]
Tax Returns. Why pay and why get paid?
I don’t know many people that enjoy submitting their tax return. Having said that, I know many people who like the results of their labour. There are 3 types of results when it comes to tax returns. 1. You must pay a certain amount to SARS. 2. You receive an amount back in the form […]
Reports: What’s the point?
Reports and gym? This may seem like a funny start to an article about business reports but the gym I go to is on the first floor of the building (second if you park in the basement). In any building if I can, I will take the stairs, to a reasonable floor that is. The […]
Employee tax returns: understanding the basics
The employee is the most important part of the business engine. Look after them and they will drive your business forward more than you will ever expect. They can be the greatest asset or the biggest liability. This all depends on how they are treated. Employee tax returns: Basic tax types PAYE: Pay-As-You-Earn Calculated according […]
6 reasons why you should train your staff
To train or Not to Train Should you only hire people who already have the skills and qualifications needed for the job or should you be investing in the staff you do have? A good question and one that is often up for debate. “Train your staff so that they could leave but treat them […]
5 reasons why you should still submit a tax return
In June 2019, SARS announced that if you earn less than R500 000 in a year, you may not have to submit a tax return for 2019. Terms and conditions apply (as usual in life) so you must comply with a strict set of criteria. BC Accounting Services advise you to take GREAT CARE when […]