KM’s travelled reimbursement

KM’s travelled reimbursement

This week I’d like to chat about travel reimbursements for KM’s traveled. Do you know what the rate is and how it works? This is what SARS has to say: “Where an allowance or advance is based on the actual distance traveled by the employee for...
Let’s talk about VAT

Let’s talk about VAT

What is VAT and how do you know when your business needs to register to pay VAT ? VAT stands for Value Added Tax and is an indirect tax that the government charges on certain goods and services. By registering as a VAT vendor, you act as an agent for the government...