You can’t run a marathon if you haven’t eaten in two days. This truth holds no matter how much extra weight or so-called “energy reserves” you might be bringing along. The reason? When running, your body relies on its short-term existing energy supplies rather than the long term stockpiles that...
You might be one of the many South Africans who spent the last week hurrying to meet the Friday deadline for submission of individual taxpayer’s returns. As you did so, your thoughts may have naturally turned towards your company tax. Company tax deadlines match that of the company’s financial year-end,...
- “Would you tell me, please, which way I ought to go from here?” - “That depends a good deal on where you want to get to.” (Alice and the Cheshire Cat, Lewis Carroll’s Alice in Wonderland) In practice some may tack together a different job description altogether, but in theory, your...
The business world has seen an upward trajectory when it comes to outsourcing finance; following in the camber of the greater global trends around outsourcing. The past decade has seen a growing number of businesses embrace the outsourcing model as a way of attending to non-core functions. This year has been...
Expanding into Africa. Everyone talks about it but very few know how to do it and have been brave enough to tackle the challenge. Companies based in South Africa and Internationally, realise that Africa is the next frontier when it comes to expanding into relatively untapped markets. It all sounds simple...
Dividends Tax is a tax charged at 15% on shareholders when dividends are paid to them, and, under normal circumstances, is withheld from their dividend payment by a withholding agent (either the company paying the dividend or, where a regulated intermediary is involved, by the latter). Dividends Tax applies to any dividend...
If you heard there is one single reason that eight out of ten businesses fail, what would you guess it to be? If your answer was “inadequate cash flow”, you’d be right. Managing and anticipating your cash levels is crucial to the success and longevity of your business. If you thought...
Appointing an interim CFO  It’s an almost uncontested truth that the position of Chief Financial Officer is one of the most important titles in any company. The CFO literally holds the purse strings of the entire operation. He or she helps develop the strategy that will steer the business and...
“Whatever you can do, or dream you can do, begin it. Boldness has genius, power, and magic in it." – Johann Wolfgang von Goethe, writer Every business, including the one you work for or may have started, began with a dream. Someone, somewhere had an idea they thought was so good that...
