Category Archives: Uncategorized

Tax Implications of Donations Made by Companies in South Africa

Corporate social responsibility is an important aspect of doing business in South Africa. Many companies make donations to various charitable organizations as part of their commitment to social responsibility. These donations not only help the organizations but also provide tax benefits to the companies. However, it is important for companies to understand the tax implications… Read More »

What is Insurance?

Insurance is a financial product that provides protection against unforeseen events that could result in financial loss. In exchange for a regular payment called a premium, an insurance policy transfers the risk of potential losses from an individual or business to the insurance company. There are various types of insurance, including health insurance, life insurance,… Read More »

What is tax?

A tax is a mandatory financial fee that individuals and businesses must pay to the government. The purpose of taxes is to raise revenue to finance public services and infrastructure, such as health care, education, and transportation. There are different types of taxes, including income tax, sales tax, property tax, and corporation tax. The specific… Read More »

Insurance For Small Businesses June 2023

Insurance for small businesses is a critical component of any company’s security. General liability insurance, property insurance, and auto insurance are all common forms of coverage. In addition, you will likely need workers’ compensation and auto insurance as well. Here are some important tips to keep in mind when choosing business insurance. Most policies will… Read More »