Business development manager, Tim Shallcross, is heading to South Africa to address Moore Stephens Africa network partners attending their annual partners’ conference on 7 November 2014 in Clarens, Eastern Free State.
 
Tim ShallcrossThe conference brings together 200 attendees including 60 partners from 15 African countries.

The recent spate of corporate failures in South Africa should be a stark remind to all of us to have another close look at our own businesses. Why do some businesses succeed when others fail? Is it just a matter of luck? Unfortunately the reality is that there are common mistakes that kill many businesses before they ever get off the ground.

An individual who operates as a sole proprietor is eligible for all deductions and allowances provided for in the Income Tax Act 58 of 1962 (the Act) with regard to their business expenses. An individual who is an employee however is limited in the deductions that may be claimed against their salary due to the operation of section 23(m) of the Act.

The deadline for the Employment Equity Reports to be submitted to the Department of Labour is approaching fast.

All reports that are manually submitted (by hand or post) needed to be in by 1 October 2014. The deadline for online submissions via the Employment Equity Online Reporting System is 15 January 2015.