There are four ways that the owner of a company can take money out of their company and all four have different tax implications.
Pharsyde is doing a series of blog posts designed specifically to raise awareness with regards to common statutory submissions: what they are, why they exist and when they are due. This post deals with the EMP501 Reconciliation
Pharsyde is doing a series of blog posts designed specifically to raise awareness with regards to common statutory submissions: what they are, why they exist and when they are due. This post deals with Income Tax
Pharsyde is doing a series of blog posts designed specifically to raise awareness with regards to common statutory submissions: what they are, why they exist and when they are due. This post deals with the Skills Development Levy.
Pharsyde is doing a series of blog posts designed specifically to raise awareness with regards to common statutory submissions: what they are, why they exist and when they are due. This post is about PAYE.
Pharsyde is doing a series of blog posts designed specifically to raise awareness with regards to common statutory submissions: what they are, why they exist and when they are due. This post deals with UIF.
Pharsyde is doing a series of blog posts designed specifically to raise awareness with regards to common statutory submissions: what they are, why they exist and when they are due. This post deals with Workmen's Compensation.
Are you a compliant employer? I constantly come across small business owners who are happily going about their day completely unaware that they are actually non-compliant and in danger of being fined by the Department of Labour for something they did not know about.