by Northbound | Oct 2, 2023 | Tips from Northbound
Making appointments with the South African Revenue Service In order for us to resolve any tax issues we may be experiencing; we have to make an appointment with the South African Revenue Service (hereafter referred to as “SARS”). We make a SARS appointment as a Tax...
by Northbound | Oct 2, 2023 | Tips from Northbound
Is your business struggling to keep its debtor’s book in check? We have the solution for you! Xero’s debtor’s unit gives the business owner ease of mind and helps to keep the debtor’s book under control. We all know that debtor control is the heartbeat of the...
by Northbound | Oct 2, 2023 | Tips from Northbound
Tips for submission of employers EMP501 recon (2023-08) Filing season opened 18 Sept 2023 – don’t wait till the last day. Verify your PAYE, UIF, SDL numbers and company information. Ensure employee’s information is correct, including names, ID or...
by Northbound | Oct 2, 2023 | Tips from Northbound
What is business rescue and the purpose of it all? Business rescue is a procedure to facilitate the rehabilitation of a financially distressed company. A business rescue practitioner is appointed to manage the affairs of the company and a rescue plan is developed to...
by Northbound | Aug 18, 2023 | Tips from Northbound
Moving funds out of the Country There seems to be an increasing trend by High Net Worth South Africans to move their funds out of South Africa and invest abroad. Background Information South Africa (‘SA’) has imposed restrictions on outbound monetary flows since 1961...
by Northbound | Jul 20, 2023 | Tips from Northbound
The Importance of Supplier Reconciliations Maintaining accurate supplier reconciliations reduces the risk of errors in the accounting system. This means that there will be less risk of paying overdue payments or incorrect amounts. By performing reconciliations between...
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