by Wayne Smith & Associates | Oct 28, 2026 | Business
“When less money is available to run your business, you will find ways to get the same or better results with less. By taking your profit first, you will be forced to think smarter and innovate more.” (Mike Michalowicz) Ask most small business owners how...
by Wayne Smith & Associates | Oct 28, 2026 | Tax, Trusts
“Trustees remain accountable for all tax matters of a trust, regardless of the economic activity of the trust.” (SARS) Filing season for Trusts opened on 19 September 2026 and the closing date for Trusts to file is 22 January 2027 for both provisional and...
by Wayne Smith & Associates | Oct 28, 2026 | Accounting, Business, Financial Planning
“All the creditors must appear in the ledger at the right-hand side, and all the debtors at the left. All entries made in the ledger have to be double entries — that is, if you make one creditor, you must make someone debtor.” (Luca Pacioli, The Rules of...
by Wayne Smith & Associates | Oct 28, 2026 | Business
“Cash remains the most popular means of payment in the economy, and we are committed to ensuring cash remains readily available and convenient.” (Rashad Cassim, Deputy Governor, South African Reserve Bank) For years, the story seemed straightforward: smartphones,...
by Wayne Smith & Associates | Sep 28, 2026 | Tax
“All role players must play their part to prevent criminals from accessing taxpayers’ information.” (SARS) Every day, too many taxpayers fall victim to convincing scams that use SARS’ name to steal personal information and money. Cybersecurity Awareness...