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Your Tax Deadlines for May 2020

ARTICLE COURTESY OF LDP Tel: 021 888 5600 | Fax: 021 888 5697/8 e-mail : info@ldp.co.za | Web site : www.ldp.co.za 10 Helderberg Street, Stellenbosch, 7600 7 May – Monthly PAYE submissions and payments 25 May – VAT manual submissions and payments 28 May – Excise Duty payments 29 May – VAT electronic submissions and payments 29 May – CIT Provisional Tax

Be Ready for a SARS Lifestyle Audit

ARTICLE COURTESY OF LDP Tel: 021 888 5600 | Fax: 021 888 5697/8 e-mail : info@ldp.co.za | Web site : www.ldp.co.za 10 Helderberg Street, Stellenbosch, 7600 We read about Eskom staff having to undergo lifestyle audits so that corruption can be identified and stamped out. SARS have been conducting lifestyle audits since 2007. These audits are conducted when SARS suspects that the taxpayer is

How Different Will Our Landscape Be Post-Coronavirus?

ARTICLE COURTESY OF LDP Tel: 021 888 5600 | Fax: 021 888 5697/8 e-mail : info@ldp.co.za | Web site : www.ldp.co.za 10 Helderberg Street, Stellenbosch, 7600 “Prediction is very difficult, especially if it's about the future” (Niels Bohr) Pandemics kill more people than wars – the introduction of the Black Death plague led to 14th Century Europe losing 40% of its population within two

Tips for Managing your Staff Working from Home

ARTICLE COURTESY OF LDP Tel: 021 888 5600 | Fax: 021 888 5697/8 e-mail : info@ldp.co.za | Web site : www.ldp.co.za 10 Helderberg Street, Stellenbosch, 7600 In this brave new world of COVID-19, many people are working from home. Even after there is a cure for the virus, this trend will likely continue. Researchers at Harvard University have come up with some good ways

COVID-19 and Directors: Your Duties and Liabilities in the Coronavirus Crisis

ARTICLE COURTESY OF LDP Tel: 021 888 5600 | Fax: 021 888 5697/8 e-mail : info@ldp.co.za | Web site : www.ldp.co.za 10 Helderberg Street, Stellenbosch, 7600 There are significant obligations placed on directors by the Companies Act and personal and criminal liabilities if they fail to meet these obligations. As a director you will no doubt be focusing on critical issues like keeping your

Businesses: How to Survive the Coronavirus Panic

ARTICLE COURTESY OF LDP Tel: 021 888 5600 | Fax: 021 888 5697/8 e-mail : info@ldp.co.za | Web site : www.ldp.co.za 10 Helderberg Street, Stellenbosch, 7600 “Never let a good crisis go to waste” (Winston Churchill) Globally, the COVID-19 coronavirus has spread panic amongst societies and markets. Businesses are suffering their most challenging times since the 2008 Global Financial Crisis. This is the time for

COVID-19 Lockdown: Relief Programs for Businesses and SMMEs

ARTICLE COURTESY OF LDP Tel: 021 888 5600 | Fax: 021 888 5697/8 e-mail : info@ldp.co.za | Web site : www.ldp.co.za 10 Helderberg Street, Stellenbosch, 7600 The President, telling the nation that “We will prioritise the lives and livelihoods of our people above all else, and will use all of the measures that are within our power to protect them from the economic

Your Selection of Budget 2020 Tax Calculators

How long will you work for the taxman today? Input your salary into the 2020 Tax Clock calculator and find out how many hours you will spend today working for the taxman, and at what time precisely you will finally start working for yourself (warning – it’s not pretty!). How will your

Budget 2020: Some Tax Relief!

Taxpayers were preparing for once again being squeezed in 2020, but we have been pleasantly surprised as we have been given a myriad of tax concessions in this budget. In fact, the average taxpayer will be over 5% better off than in 2019/2020.  The Finance Minister has decided that taxpayers have borne

What the optometrist should know about digital marketing

 – Chris Faul Few people that I know in business, fully understand all the ramifications and potential of digital marketing. For many, a web site is about pretty pictures. Meanwhile, there is this massive potential passing us by, like a ship in the night. The technical intricacies of digital marketing are

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