Turn your challenges into opportunities
South African businesses are currently grappling with a range of pressing challenges that are impacting their operations and growth. These challenges include a weak economy, a shifting job market, loadshedding, rapid technological advancements, and the need to address sustainability considerations. To overcome these obstacles and thrive in this complex environment, business owners must implement effective […]
SARS medical scheme fees tax credits for individuals (medical and disability expenses)
In South Africa, individuals are required to assess their personal income tax obligations annually. As part of this income tax calculation, taxpayers need to determine their medical scheme fees tax credit, also known as medical tax rebates. In the South African tax system, personal expenses are typically not considered when calculating an individual’s income tax […]
Stellenbosch Network – A vibrant hub of innovation and collaboration
Finleys takes pride in offering exceptional business and accounting solutions to clients across the country. This month, we are delighted to introduce you to one of our esteemed clients: Stellenbosch Network. Located in the heart of South Africa, Cape Town shines as a leading hub of innovation and technological advancement. The city boasts a thriving […]
Dividends in trading and investing
Dividend investing can be a solid strategy, so it’s worth knowing how dividends work What is a dividend? A dividend is a payment made by a company to its shareholders. Dividends are usually paid at a specific frequency—quarterly, semi-annually, or yearly. The size and payment of a dividend is determined by a company’s board of […]
Our experts are ready to de-clutter your finances
Our expert accountants are here to ensure that your financial statements make sense and reflect the reality of your business so you can plan for greater growth. Our payroll packages also take the stress out of month-end paperwork so that you can put your focus back on your business, knowing that your numbers are in […]
Distributing retirement fund death benefits
Making benefit allocations equitably and fairly As per Section 37C of the Pension Funds Act, once trustees have identified dependants of a deceased member, the next step is to allocate the death benefit in a proportion they deem fit. This article highlights some of the key factors in making this determination. Section 37C grants trustees […]
Simplify your business with Xero so that you can get back to working on your business
As a Xero Gold Partner, Finleys is Xero Advisor Certified and offers collaborative online accounting solutions that will help your business to reach new heights. Why should you implement Xero in your business? EVERYTHING IN ONE PLACE Xero is a centralised SaaS platform where all your financial data lives and breathes. Rest assured that all […]
Isn’t it time you revised your financial strategy?
So much has happened over the past few months that wrapping your head around it all can get difficult, especially if you are running a business. If you’re in a bit of a bother because of the current state of the world and the economy that doesn’t quite make sense right now, don’t feel alone: […]