MGT Accounting

Accounting

Submit tax returns

5 Tax Return Mistakes to Avoid with SARS

We both recognise the fear that surfaces when facing the daunting task of filing tax returns for SARS. It feels like taking on a significant challenge where time disappears, and paperwork seems endless. While managing your business, organizing all the necessary documents and reviewing numerous financial reports can seem overwhelming. Moreover, South Africa’s intricate tax laws can confuse even the most committed business owner. But don’t worry; we’ve got your back. This month’s blog post …

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Audited financial statements

The importance of audited financial statements in 2023

Audited Financial Statements are necessary for any business looking to thrive in South Africa – but do you know how they can be used to benefit your company?  Rather than just being an obligatory component of the legal requirements, Financial Statements provide greater insight and knowledge into understanding financial performance. So get ready because we’re about to explore what makes them so essential. What are Financial Statements? Financial statements are a collection of summary-level reports …

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