Too many small business owners are unaware of SARS’s requirements for their documentation. If you are registered for VAT, and don’t want to incur a surprise penalty bill, read this.
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.
There are only two certain things in the world: death and taxes. And while you cannot avoid either one of them, you can prepare for both. This is a (sort-of) simple overview of the three main taxes you will encounter as a small business owner.
People are terrified of taxes and the taxman and very few people understand how it all works. Its not as scary as it seems...
