The 2023 Tax Filing Season is Upon Us.

The 2023 Tax Filing Season is Upon Us.

The 2023 tax filing season is upon us. The South African Revenue Service (hereafter referred to as “SARS”) has quietly announced the start of tax season 2023, which will kick off on Friday, 7 July 2023. The 2023 tax season for individuals relate to your personal tax...
Gone Are The Days Of Physical Files!

Gone Are The Days Of Physical Files!

GONE ARE THE DAYS OF PHYSICAL FILES As technology advances over the years, corporate fields are steadily evolving too. At Northbound Financial, we have implemented the use of HUBDOC, you might ask what HUBDOC is. This is the future, where saving receipts and many...
TIPS FOR JUNE BY OUR NORTHBOUND EXPERTS

TIPS FOR JUNE BY OUR NORTHBOUND EXPERTS

We at Northbound offer our clients flexibility and consistency. We have embarked on a process to sign clients on for retainers in relation to the services they receive on a regular basis. What is a Northbound Retainer? This is our way of spreading all your annual and...
SARS VAT Invoice Requirements.

SARS VAT Invoice Requirements.

The South African Revenue Service Value Added Tax (VAT) invoice requirements South Africa operates a VAT system whereby businesses (vendors) are allowed to deduct the VAT incurred on business expenses (input tax) and needs to declare the VAT collected on the supplies...