While the claims limit for the Small Claims Court was recently raised, the entire system should be overhauled to support small business development.
Claiming to have taken all reasonable precautions is a common defence against alleged negligence, but do your processes actually stand up to scrutiny?
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.