Does my business need an independent review?

Does my business need an independent review?

After understanding which legalities you and your business need to comply with in order to stay business compliant, you might be asking yourself, ‘But what about an independent review?’. This is a very good thing to ask, and in this article we have put together a...
Claiming UIF

Claiming UIF

Being unemployed comes with many stressors, things to consider, tasks to check off a long list to stay afloat and on your feet, struggling to understand the government’s Unemployment Insurance Fund should not be adding to your stress and confusion. So, here is...
What UIF do I pay for my domestic worker?

What UIF do I pay for my domestic worker?

And very importantly, how? The Unemployment Fund is an insurance service set up by the South African government. This service is a means of protecting employees who are let go from a job and need support through a period without income. The fund offers unemployment...
Does my business need an independent review?

How can I reduce my debit loan?

Directors, and shareholders are able to use a debit loan if their business is doing well enough and can pass a liquidity test and solvency test after the loan. But some steps need to be taken to get rid of the debit loan after it has been made. A quick reminder “A...
What is a debit loan?

What is a debit loan?

When it comes to owning your own business, there are perks and responsibilities, stressors, and rewards. One of the areas that can easily become all four of those is the debit loan.  So, what exactly is a debit loan? A debit loan is any amount of money that is...