Calculating a travel deduction if you are in receipt of a travel allowance The Income Tax Act No.58 of 1962 allows taxpayers who receive a travel allowance to claim a deduction for the use of their private vehicles for business purposes. It is important to note that travel between your home and place of work […]

For a successful internal admin system, you require more than just technical skills. We have 6 tips for setting up a successful internal admin system below for those more non-technical duties that makes the system work smoothly. Administrative procedures are a vital component of any efficient office. They are an extremely valuable recourse to create

If You are a small business owner, bookkeeping is something you probably must deal with on a regular basis. Here are 5 Tips to make bookkeeping simple for your business. Bookkeeping, in general terms, keeping records of the financial affairs of a business “what is your income and what is your expenses”. You must keep record

Whether you’re keeping records to prepare for tax season, to stay on top of bills, or to track purchases, the following Self-Employed record-keeping tips will do more than keep you organized throughout the year. They’ll help you avoid the last-minute scramble to find a receipt or invoice—or, say, some document you need to prepare your