BC Accounting Services offers a range of solutions for you and your business. We have expertise in the areas of accounting, tax and payroll. Having said that, we are certainly not experts in everything financial. It is an industry that has a huge scope covering many different industries in the bigger industry. One of these […]
Business and Cars We drive around in various shapes, sizes, makes, models of transport. Some big and some small. Some owned and some not owned. We even pay other people to drive us home or to wherever we want to go. So, what has this got to do with business? Well, the answer is that […]
So many times I am out at a restaurant, store, or outing and someone in my family or group of friends says “You’re the accountant, how much is this?” and wants me to calculate something in my head. I am going to let you all in on a little secret… I am not a mathematician, […]
“Let’s meet for coffee” Everybody loves meeting someone or many people for a drink. Possibly the most common is a cup of your favourite brew. This is a legitimate reason to do business and network with important connections, but it can get out of hand. These “business meetings” often become just a general, friendly chat […]
Paying bank fees Bank fees are inevitable but why the money you spend may be more than you have to pay. If you don’t like the rates you receive – find another bank that suits your pocket. Gone are the day where you have a relationship with your banker, so the loyalty no longer exists. […]
SARS and you? For the purposes of this article, “marriage” refers to any relationship. In this article, we focus on your relationship with SARS. For all marriages to succeed there are several factors that must present in order for it to work or last a long time. Here are a few: Commitment Communication A relationship […]
Ten Financial Records for VAT Audits These are the ten items that SARS will investigate if your business: Your return totals will be checked against your general ledger and summary Your VAT control account will be reviewed to test your accounting system for errors SARS (South Africa Revenue Service) will check if interest and penalties […]
What is SDL? SDL is a levy imposed to encourage learning and development in South Africa and is determined by an employer’s salary bill. These funds are to be used to develop and improve skills of employees. Who must pay SDL? SDL is due by employers who have been registered. You can register once for all different […]
