bdk Auditors know how to do our homework!

Posted on 14 of March, 2019 by in Financial

When we take on new clients, research forms an integral part of the audit process. In order to develop an ideal audit strategy and audit plan for our new clients, we conduct thorough research to gain knowledge of matters affecting the industry in which the company operates in, matters relating to the company’s business, the […]

Graanboer van die jaar

Al het hulle bestuurders, is die broers mnre. Johan en Dirkie van As elkeen in sy stroper om te sien wat die kampe wys. FOTO’S: MARESA VAN AS TENSY ANDERS VERMELD. Al boer vanjaar se Graanprodusente van die Jaar in ’n omgewing waar boere moet “bid vir elke druppel wat val”, help bewaringsboerdery, skaalekonomie, finansiële […]

Provisional tax penalties and how to avoid them

Posted on 23 of October, 2018 by in Tax

All individual taxpayers who earn income from sources other than remuneration from an employer, must submit provisional tax returns twice a year. Let’s have a look at the most common penalties provisional tax payers face and how to avoid them. Under estimation penalty The major challenge with provisional tax is the need to estimate your […]

The basics of creating a Last Will & Testament

Who your property is passed on to depends on whether you have a valid will or not. If you do have a valid will, then your property will be divided according to your wishes stated therein. If you die without a will (called “intestate”), then your property will be divided amongst your immediate family according […]

Estate planning

Posted on 17 of August, 2018 by in Estate

It is very important for you to plan your estate, which could include a living will, a last will and a living trust. This can help families prepare for difficult times when you are no longer around to assist or advise them. Our lives get busier and more complicated by the day, so estate planning […]

VAT Increase and Accounting Systems

Posted on 26 of March, 2018 by in VAT

As you are aware, the National Treasury announced an increase in Value Added Tax (VAT) from 14% to 15% effective 1 April 2018. We urge you to ensure that your accounting systems are set up to process transactions at the new VAT rate of 15% from 1 April 2018. This is to avoid any penalties […]

Comic contracts: A novel approach to contract clarity and accessibility

The content of this article was originally published on the Forbes website. The information and views set out in the article are those of the author(s) Credit: Fruit Picker contract pages by Jincom Beware the fine print is the oft-repeated expression heard in almost any deal or contract negotiation. It’s good advice that too often is […]

Income tax: Deduction of medical expenses

Posted on 25 of January, 2018 by in Tax

An individual’s ability to pay tax may be adversely affected by costs incurred as a result of illness or disability. For this reason, a certain degree of relief is provided by the Income Tax Act No.59 of 1962 (the Act). Timing of Deduction Qualifying medical contributions and expenses may only be claimed in the tax […]

Leef veilig – Neem verantwoordelikheid

Jy is verantwoordelik vir jou eie veiligheid. Jou ingesteldheid moet van só ’n aard wees dat jy nie ’n teiken van jouself maak nie. Maak ’n gewoonte daarvan om paraat te wees; wees te alle tye bewus van wat rondom jou aangaan, en waar moontlike gevare is. Alhoewel die polisie en sekuriteitsmaatskappye ’n rol speel […]

Employment Tax Incentive: Why say no to R1280 per month per qualifying employee

Posted on 13 of October, 2017 by in Tax

What is it? ETI is a tax incentive awarded to qualifying employers aimed at encouraging employers to employ employees between the ages of 18 to 29. It is a temporary programme covering only the first two years of employment. The ETI commenced on 1 January 2014 and will end on 31 December 2019. It applies […]