Why January Feels Heavier Than It Should
December feels festive. January feels long. Here’s why: Most people are paid in mid-December and only again at the end of January. That’s roughly 45–50 days to stretch one salary. If your income usually covers 30 days, January quietly asks it to cover 20 extra; while absorbing holiday spend, back-to-school costs, transport, and back-to-work expenses. Same income.More days.More […]
Automate Your Accounting with JCM
Is your desk buried under piles of invoices, receipts, and financial statements? Manual paperwork not only clutters your workspace but also wastes valuable time—time that could be better spent running and growing your business. At JCM Accounting and Taxation, we believe in smart accounting solutions that simplify your workflow, eliminate unnecessary paperwork, and keep your […]
Only trust a Registered Tax Practitioner
Tax season can be a stressful time for individuals and businesses alike. With deadlines approaching and financial matters at stake, it’s crucial to ensure that your tax affairs are in the hands of a qualified professional. But not just any tax preparer will do—you should only trust a registered tax practitioner. Hiring an unregistered person […]
Tax Implications of the Two-Pot Retirement System
As of 1 September, South Africans can now access a portion of their retirement savings under the two-pot retirement system. While this provides some financial relief for those in need, it’s important to fully understand the tax implications before making any withdrawals. Making uninformed decisions could result in unexpected tax liabilities and long-term financial setbacks. […]
Provisional Taxpayers: What You Need to Know
Understanding and managing provisional tax can feel overwhelming, but it’s essential for both companies and individuals who earn income outside of traditional employment. Failing to comply with SARS requirements can lead to penalties, so staying informed is key. Here’s everything you need to know about who needs to pay provisional tax, how it works, and […]
SARS Auto-Assessment: Is Yours Correct?
Many South Africans are receiving auto-assessments from SARS, making tax season seem more convenient than ever. But just because an assessment is generated automatically doesn’t mean it’s 100% accurate. Mistakes can happen, and failing to verify your SARS auto-assessment could mean missing out on potential tax savings or facing unexpected penalties. Why You Should Double-Check […]
Discover JCM Accounting: Your Gateway to Efficient Financial Management
In the fast-paced and competitive business world, accounting services are essential for any businesses growth and success. A reliable accounting partner can help streamline financial processes, ensure compliance, and drive business growth. JCM Accounting, based in Vanderbijlpark, is one such firm that offers personalized, professional, and high-quality accounting services to businesses and individuals. At JCM […]