The Business of Business Travel
Business travel means different things to SARS than to taxpayers. While it has been compulsory for recipients of travel allowances to substantiate their claims by means of a detailed logbook for some years, it has become ever more critical to understand exactly what SARS understands by the term ‘business travel’. The simple reason for making […]
VAT and Freelance Creatives: Understanding where the buck stops
When someone says influencer, freelance designer, writer, or content creator (collectively referred to as a creative freelancer), do you think VAT? Probably not—and you’re not alone. Many creative freelancers don’t consider taxes in their creative pursuits. It’s not a topic that readily comes to mind when you’re brainstorming ideas or putting the finishing touches on […]
Taxing Employer-Paid Gratuities
It’s not only your retirement fund that may pay out when you decide to call it a day. Some time ago I wrote a series of articles dealing with the various payments that an employee might receive when leaving an employer. However, while those articles dealt mostly with what went wrong between the former employer […]
Three Innovative Approaches to Boost Your Retirement Savings
Retirement planning is absolutely key to your financial well-being, but let’s face it, as those golden years inch closer, a lot of us start to worry if what we’ve saved up is really going to cut it. Sure, sticking to the tried-and-true savings plans is essential, but why not think outside the box a little? […]