Hi there,
Our company is registered with MEIBC and therefore we make deductions against employees' salaries for the levies, and obviously the company contributes as well. What IRP5 tax code do we use for the deductions and contributions respectively?
Hi All,
A client of mine is opening her GP practice on 1 October and she needs software to bill patients. What software application would you recommend? Is there anything on the market that has the ICD10's pre-loaded and integrates with medical aids? Any advice is appreciated.
Hi,
Quick question... The Companies Act recognises SAIPA accountants as independent reviewers. However, I have noticed that SAIPA also has an Independent Review Certification. Does a SAIPA accountant have to have the certification before he/ she can perform an independent review or is this...
My HP Folio 13 2000 Notebook's MSATA SSD drive has failed. Upon start-up, it gets stuck at the starting windows screen. I've tried F2 and F8 menus, but it won't start into any of the safe mode options. I ran HP diagnostics and the results indicated that the SSD failed/ is failing. I've...
I have been asked regarding the following scenario:
Residential property of director of pty is registered in his and his wife's name jointly. The director has signed sureties to bind himself as co-principal debtor for his pty's debts. His shares in the same business is held in a family...
Hi,
How do I go about to delete a thread? I've posted a thread regarding a company who did not deliver goods as per agreement, but the situation has been resolved satisfactorily. No point in the post sticking and giving them any further bad publicity. It seems I can only edit the post...
I'm looking at starting a small-scale vegetable farm. We have about 4.5 hectares of land I can utilise, although I won't utilise the full area within the first season. I've grown vegetables before, but for home use only, any excess we couldn't consume were passed on to family and friends. I...
What is your take on SARS's media statement regarding the refunds of income tax that will take longer due to additional risk procedures being implemented? I just think they don't have the money to refund everyone and this excuse seems vaguely legitimate.. First it was the VAT refunds that took...
Hi,
Where, except for HelloPeter, can I report a bad business. We bought new spare parts from a company who then sent us used parts and we've been struggling for four months to get the query resolved. Even the director could not assist, keeps playing games.
Thanks.
Scenario:
A private company appoints a registered accountant who compiles and signs off on AFS for the 2016 year. The company then appoints another accountant the following year, without terminating the appointment of the first accountant. The second accountant compiles the and signs off on...
The company I work for imports a lot of equipment for resale from China. Yesterday I discovered that the accountants expensed the customs VAT in the income statement and claimed 14% VAT on the expense.. #nocomment
I know SARS is strict with regards to VAT refunds, but can we still claim the...
SCENARIO:
I have a situation where two shareholders in a company have issued their shares in their respective trusts (therefore the trusts own their shares in the company). They each are a trustee of their respective trusts. One of the trustees (shareholder) wishes to "get rid of his shares"...
Hi,
A weight loss supplements company I'm consulting for would like to register businesses in the USA, China and London. Where can I obtain information regarding the procedures to be followed? We also need to get FDA approval, etc.
They are currently doing really well in SA...
Hi All,
I've been doing some consulting work for a company that manufactures and distributes dietary supplements (more specifically, weight loss tablets, soups and shakes). My work is admin-related, but I was tasked with finding out how they can get their products abroad on a large scale (as...
Hi All,
I have been unemployed since end of Feb this year. I have submitted a UIF claim on 12 April 2016 and they told me that the claim will be processed within the next 7 weeks (which was by latest 31 May 2016). Today is exactly 12 weeks after that date, and the best answer they can come...