While most businesses focus on funding or tangible assets, true value often lies in intellectual capital. 

A company’s people, ideas, systems, and relationships are the intangible resources that drive success. But they are often neglected or even forgotten. 

To thrive long-term, founders must recognise, nurture, and retain the knowledge and creativity that set their business apart.

The scrapping of the proposed VAT increase in Budget 3.0 resulted in a budget shortfall, necessitating alternative sources of funding.

One of these is the increased collection of outstanding tax debt. It’s a challenge SARS has accepted, Treasury has financed with an additional R4 billion in funding, and the media is touting as “Project AmaBillions”.  

This is how it will affect you – and how we can assist. 

Failing to understand your ideal customer wastes time, energy and resources. According to a report by CB Insights, 42% of startups fail because there is no market need. In other words, many companies are failing simply because they didn't define or validate their target audience properly.

• 07 July – Monthly PAYE submissions and payments

• 25 July – Value Added Tax (VAT) manual submissions and payments

• 30 July – Excise duty payments

• 31 July – VAT electronic submissions and payments, Corporate Income Tax (CIT) Provisional Tax payments where applicable.