Recent New Articles

Bringing you tips, tricks and important updates.
October 22, 2021
Venaccuracc Explains 6 Crazy Tax Behaviours that will get you into hot water with SARS

We haven’t yet found a client who loves paying tax, but ensuring that your personal tax return is properly submitted is critically important to staying on the right side of tax law in South Africa.  You may be wondering what the worst-case scenario could be if you didn’t submit your personal tax return properly… Other […]

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August 17, 2021

Personal Tax Returns - Venaccuracc expert accountants 5 tips to ensuring a fuss free personal tax filing experience. If you haven’t already done so, then you need to diarise these dates for personal tax filing in South Africa: 1 July 2021 – 23 November 2021 for non-provisional tax payers 16 August 2021 – 23 November […]

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August 3, 2021

Let’s be honest.  It hasn’t been a fun 4 weeks.  COVID-19 lockdown restrictions and looting has put a lot of businesses into difficult trading situations while consumers tighten their belts in shock and worry.  But there are, always, things to be done in business and South Africans are famous for their tenacity and can-do spirit.  […]

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July 11, 2021
3 ways to improve cash flow in your business.

Never has a global economic situation illustrated the importance of cash flow and budgeting as the COVID-19 economy.  In the initial phases of the COVID-19 economy those businesses with cash were able to ride out lock downs, supplier changes and customer disruptions.  As the COVID-19 economy continues to develop, cash rich businesses are able to […]

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April 11, 2021
Death and Taxes

It has been said that there are only two absolute certainties in life. Death and Taxes. Now, while Venaccuracc is unable to do anything about death, there is a lot we are able to help you with when it comes to taxes. If February is your businesses year end, then ensuring you have the right […]

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July 11, 2020
3 reasons you absolutely need a professional accountant to do your books

As a professional business owner you probably wear several hats all in one day.  A production hat, a marketing hat, an HR hat, and often the accountant hat.  But the problem with all those hats is that many of these areas in a business requires extensive expertise and none more so than your accounting and […]

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May 4, 2020
Do your own bookkeeping. It's easy!

Why not give it a try? Most entrepreneurs and small-to-medium business owners are very hands-on when it comes to the daily activities at their companies. Why is it then that so many of them choose to outsource the most vital part: bookkeeping? If you are a business owner, you will already know how important it […]

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April 17, 2020
How to be compliant to claim from the COVID19 government economic relief efforts.

With the announcement of the 21 day lock down this week, many businesses find themselves in the very difficult position of facing 21 days without income. Now while some businesses can use online platforms to market and continue growing during this time, for some this is a potentially very dangerous financial set back. The announcement […]

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June 4, 2019
What's new with SARS

Administrative Penalties for Corporate Income Tax (CIT) to be imposed. SARS will be imposing administrative penalties from January 2019 for outstanding Corporate Income Tax (CIT) returns and not the 07 of December as originally communicated. Administrative penalties will be imposed on companies that receive a final demand to submit a return. In terms of Section 210 of […]

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