“Beware of little expenses; a small leak will sink a great ship.” (Benjamin Franklin)
Extending 30-, 60- or 90-day payment terms may seem like a simple trick to help your sales teams convert sales, smooth negotiations and boost customer service. What you may not recognise, though, is that those terms are not neutral commercial niceties – they are a form of credit.
- 07 November – PAYE submissions and payments
- 25 November – VAT manual submissions and payments
- 27 November – Excise duty payments
- 28 November – VAT electronic submissions and payments, & CIT Provisional Tax payments where applicable.
All Stories
“Profile hijacking points to pervasive cybercrime with global links.” (Edward Kieswetter, SARS Commissioner)
The Tax Ombud has again warned South Africans about the concerning increase in eFiling profile hijackings, which has spurred the Office of the Tax Ombud (OTO) to launch a survey of taxpayers' experiences and a systemic investigation into SARS.
“Paying yourself isn’t selfish, it’s sustainable. The goal is to strike a balance that supports your personal life without compromising the growth of your company.” (Salim Omar, CPA and serial entrepreneur)
Many founders see skipping their own salary as a noble way to fund growth. In reality, underpaying yourself often backfires. Research shows that 82% of small business failures stem from cash flow problems and unpaid founders can mask true costs, distort margins, and create hidden financial pressure – and that’s just the start of it.
“Taking bold action on climate change simply makes good business sense. It's also the right thing to do for people and the planet.” (Richard Branson)
Climate change impacts the fundamentals of business operations. Rising heat affects productivity, floods and storms damage infrastructure, droughts disrupt supply chains, and new regulations increase compliance costs. Many leaders still believe their sector will be spared, but no industry is truly insulated. Just as one-third of startups fail because they never properly defined their target market, businesses that fail to assess climate risks may find their models undermined by forces beyond their control. The message is clear: failing to future-proof your business, will result in extremely hard times ahead.
“Accounting is the language of business.” (Warren Buffett)
Increasingly, banks and other organisations are requiring businesses to submit up-to-date management accounts when applying for finance. This is because these compact financial reports enable business analysis even when the latest annual financial statements are not yet available.
- 07 October – Monthly Pay-As-You-Earn (PAYE) submissions and payments
- 20 October – End of Filing Season 2025 for Individual taxpayers
- 24 October – Value-Added Tax (VAT) manual submissions and payments
- 30 October – Excise Duty payments
- 31 October – VAT electronic submissions and payments and CIT Provisional Tax payments.
“Life is short, there is no time to leave important words unsaid." (Paulo Coelho, Author)
Having “the last word” is defined as having “the final decision-making power or authority in a matter.”
