By deducting future contractual expenses from your current taxable income, you can ease your tax burden and free up more cash.
By reducing the value of your end of year stock, you can increase your cost of sales and reduce the amount of income tax that your business must pay.
The introduction of youth employment incentives will make it a lot easier for companies to achieve a competitive B-BBEE score.
Failing to follow mandatory procurement procedures can render an otherwise lawful contract invalid and unenforceable – and potentially justify compensation.
Many business owners are losing out on thousands of rands a year because they aren’t claiming from the Employment Tax Incentive.