Category: PATC Tips & Advice

Advice For Your Small Business

Small Business Advice

What To Do With Your Money The first step is to make a spreadsheet. It is necessary to construct a spreadsheet prior to opening a business. This spreadsheet should include what amounts should be allocated to raw materials, rent, taxes, insurance, a marketing budget, staff wages and any other costs pertaining to your business. Remember…

Record Keeping Tips For Businesses

Record Keeping

When it comes to owning your own business and working for yourself, there are a lot of things to remember. All these aspects to remember are things that could help or hinder your business. One very important job to remember is that of record keeping. It requires a fair amount of patience and organisation but,…

How Do I Get A Tax Refund?

Firstly, you have to be paying tax to get a tax refund. So if your taxable income (for the 1.3.2012 to 28.2.2013) is below R63 556, if you are under the age of 65 or below R120 000 if you are over 65, then you are below the tax threshold. If so, you do not…

How to Select a Professional Accountant

Every business or company has different financial requirements and it is important to select an accounting service based on these criteria. A new or small business entity may need some financial planning advice as well as bookkeeping and tax returns filed. An established business may be looking to grow their business and therefore wanting a…