Background: Small businesses’ main constraint is access to resources. These limited resources can be funding, suitable people, and appropriate solutions. I want to focus on a specific solution. Big Businesses can just go buy the right solutions or even develop it themselves. We as small business owners have to “wing-it” in a sense and find …
Cloud Accounting is synonymous with the fourth industrial revolution. Cloud Accounting revolutionised the bookkeeping function for businesses and accountants. 25% of businesses already use cloud solutions. Most recent research data reveals that 60% to 70% of businesses will consider cloud accounting in the next two years. According to Intuit 78% of small businesses will shift …
Cloud Based Accounting for Small Business is one of these wonderful applications that can really advance your small business to the latest and greatest functions available in your industry. It is easy to get started, does not require a team of IT specialist to maintain, simply because the Cloud Accounting Software company does all the maintenance at the back-end. You the user just tap-in and start using all the features.
Have you claimed all your business VAT inputs when you were first registered for VAT?
Did you know you could claim VAT on goods and services you held when you were VAT registered?
Have you ever heard of section 18(4) of the VAT Act?
Here is some advice if you answered NO to any of the above questions!