by Northbound | Jul 14, 2023 | Tips from Northbound
What is Beneficial Ownership? As of 1 April 2023, all Trusts are required to disclose their beneficial owners to the Master of the High Court (Master), and as of 24 May 2023, all Companies and Close Corporations must file the share register as well as the register of...
by Northbound | Jun 29, 2023 | Tips from Northbound
There is often a misconception that payroll is automated by a system without any human assistance and that we merely just push a button to process salaries. Payroll administration affects the morale of the employees, right down to the reputation of the business....
by Northbound | Jun 29, 2023 | Tips from Northbound
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...
by Northbound | Jun 9, 2023 | Tips from Northbound
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...
by Northbound | Jun 9, 2023 | Tips from Northbound
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...
by Northbound | Jun 8, 2023 | Tips from Northbound
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...
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