Newsletter | July 2015 Download print version
Index
Productivity problems are often linked to poor collaboration
Winning is all about attitude
Experiential marketing and your brand
How to leverage mobile recruiting
TAX NEWS
Documentation to claim input tax
New regulations for voluntary VAT registration
 

Financial
management

 
 

Chartered Accountants SA

1st Floor
Randpark Building
20 Dover Street
Randburg

PO Box 2444
Randburg
2125

Tel: +27 (0) 11 789-1011
Fax: +27 (0) 11 789-1012
Mail: info@wallrich.co.za
Web: www.wallrich.co.za

 

Deadlines looming

Start of Tax Season for individuals and trusts
- July 2015 -

Submission and payment of Provisional Tax
- 31 August 2015 -

Employer Interim Reconciliation starts
- 01 September 2015 -

Deadline for manual/postal tax returns
- 30 September 2015 -

Employer Interim Reconciliation ends
- 30 October 2015 -

End of eFiling income tax submissions
(non-provisional)
- 27 November 2015 -

End of electronic income tax submissions at SARS branch (non-provisional)
- 27 November 2015 -

End of eFiling Provisional taxpayers tax submissions
- 29 January 2016 -

 
 

Dear Reader,

Welcome to our July newsletter. We hope the articles keep you updated on relevant tax news and provide vital business tips and information.

Ensure you read the two tax articles we have especially prepared for your attention, namely Documentation to claim input tax and New regulations for voluntary VAT registration.

You can also view the tax deadlines outlined in our newsletter; as well as our website.

Keep in mind that we are here to assist you should you need us. Please do not hesitate to contact us if you require further information on any of the topics covered.

Keep warm; we are halfway through winter!

Regards,

Rhoderic and Chrisna Roberts
Partners

Productivity problems are often linked to poor collaboration

Anyone that has worked on a project involving managers from different departments knows how quickly the projectís momentum can come to a halt. When employees receive inconsistent requests and tasks from management, work can become complicated and counterproductive.

This lack of collaboration can hinder the execution of a project and ultimately impact your profit. How can you tell if your business has a collaboration problem? This article outlines three key symptoms.

Read More

Winning is all about attitude

Many small- and medium-sized businesses have the potential to be better and stronger than they are today. Success in business often comes down to the management team and their mind-set. So what sets leaders in business apart from the rest of the pack?

Read More

Experiential marketing and your brand

Many businesses are shifting their focus to experiential marketing and are implementing various strategies to achieve an emotional connection with their consumers.

Experiential marketing essentially involves the promotion of your business and brand in a way that allows your customers and target audience to connect and interact with you while having memorable experiences. Based on such brand-related encounters, your customers may or may not accept your product or service offering.

Read More

How to leverage mobile recruiting

In todayís mobile world, more and more people are using social media services like LinkedIn to search for jobs. According to a recent article published by DMR, 94 per cent of recruiters use LinkedIn to vet candidates.

In order to find the best potential candidates, businesses need to take advantage of this trend. In this article, you will find a few tips and ideas to help you find your next new star performer.

Read More

TAX NEWS
Documentation to claim input tax

Many taxpayers have experienced an audit into the eligibility of VAT claimed on purchases, which can result in the disallowance of such input tax. The VAT Act has a number of requirements to deduct input tax against the output tax levied on goods or services supplied by a VAT vendor.

These include that the goods or services must have been acquired for the purposes of making taxable supplies. Section 17 of the VAT Act furthermore prohibits a vendor from claiming input tax on certain goods or services, for example, the supply of a motor car or entertainment.

Read More

New regulations for voluntary VAT registration

It is very important for a business to register as a VAT vendor as soon as possible after commencing trade. The VAT Act has strict requirements as to when a person is allowed to register as a VAT vendor on a voluntary basis.

The Minister of Finance published regulations relating to these requirements during May 2015. This article sets out the background to these regulations, as well as the detailed requirements contained there-in.

Read More

Download print version Follow us on Twitter Twitter