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Budget 2023: How It Affects You and Your Business

Budget 2023: How It Affects You and Your Business

by Wayne Smith & Associates | Feb 27, 2023 | Business, Economy, Financial, Tax

“This is not an austerity budget. It is a budget that makes tough trade-offs in the interests of the country’s short and long term prosperity.” (Finance Minister Enoch Godongwana – Budget 2023) Finance Minister Enoch Godongwana’s second Budget contained no major tax...
Budget 2023: Your Tax Tables and Tax Calculator

Budget 2023: Your Tax Tables and Tax Calculator

by Wayne Smith & Associates | Feb 27, 2023 | Tax

The big Budget Speech 2023 tax news was the introduction of tax incentives for investing in rooftop solar and renewable energy. The Budget also detailed tax relief in the form of adjusted tables for tax and rebates for individual taxpayers, adjusted tables for...
How To Prepare a Reliable Disaster Recovery Plan

How To Prepare a Reliable Disaster Recovery Plan

by Wayne Smith & Associates | Feb 27, 2023 | Business

“The time to prepare for disasters is before they happen” (Stephen Matheson, Vice President of Product at BridgeHead) Given how reliant we all are on our IT infrastructure, it will come as no surprise to learn that one of the worst things that can happen to a...
Five Essential Bookkeeping Tips for Small Businesses

Five Essential Bookkeeping Tips for Small Businesses

by Wayne Smith & Associates | Feb 27, 2023 | Accounting, Business

“Making good judgements when one has complete data, facts, and knowledge is not leadership – it’s bookkeeping” (Dee Hock, Founder and CEO of VISA) When running a small business, it often feels like you are doing everything yourself, and some important...
Effective 1 March 2023: New Earnings Threshold and National Minimum Wage

Effective 1 March 2023: New Earnings Threshold and National Minimum Wage

by Wayne Smith & Associates | Feb 27, 2023 | Employment and Labour Law

Employers and employees need to keep an eye on the annual increases in both the National Minimum Wage and the Earnings Threshold, summarised below for your convenience. Both are effective from 1 March 2023. The National Minimum Wage increase The National Minimum Wage...
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