The Unemployment Insurance Fund (UIF) is a government initiative designed to provide short-term financial support to workers who are unable to earn an income due to unemployment, maternity, parental leave,…
Trusts serve various purposes, including business operations, estate planning, asset management, and special needs support. It’s important to understand that, under the Income Tax Act, a trust is treated as…
In the interconnected global economy, individuals and businesses frequently engage in cross-border activities, leading to the earning of income in multiple jurisdictions. However, this can potentially subject them to double…
The governance of a company commences at the point of registration with CIPC (Companies and Intellectual Property Commission). At this juncture, your company becomes obligated to adhere to the Companies…
Financial statements are crucial tools for assessing and understanding the financial health and performance of a business. They provide a snapshot of the company's financial position at a specific point…
Tax Planning for Businesses Tax planning for businesses involves strategies and actions taken by businesses to optimize their financial structure and operations to minimise their tax liability. Effective tax planning…