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...
Desktop vs cloud accounting

Desktop vs cloud accounting

Hi everyone and welcome to the first post of our new blog! Last week I had  a conversation with another accountant on the differences between desktop packages and cloud based packages. This simple picture speaks volumes about the differences when faced with the...