Archives of Tax and Accounting Services

9 attributes to look out for when appointing an accountant Chanel Raath (Director of Cornerstone Tax and Accounting Services) Warren Buffet famously said that “Accounting is the language of business” and thereby reiterating the absolute importance of correct, professional, and clever accounting within every business. We wholeheartedly agree with Mr Buffet, and we would add […]

You end-of-tax-year checklist – 3 ways to increase your tax return before the end of Feb In less than a month, the current tax year will come to an end and soon thereafter all South Africans will be frantically busy submitting their tax returns to SARS. It’s no secret that everyone loves getting a big […]

Your guide to the COVID-19 financial relief initiatives and what you need to apply – Siphokazi Matiwane, Director Cornerstone Tax and Accounting Services The COVID-19 global pandemic coupled with the nationwide lockdown has left many small business owners fearful of their future. With most of the country confined to their homes, sales and cashflows are […]

  I have a small business, why do I need financial statements? – Chanel Raath (Director of Cornerstone Tax and Accounting Services) Every year, Cornerstone Tax and Accounting Services receives countless questions from small business owners about their financial statements. Many of these businesses have less than 5 employees and turnover less than R1 million […]

Hiring young employees can save your business a ton of money thanks to this great tax incentive – Sipho Matiwane, Director of Cornerstone Tax and Accounting It’s an unfortunate truth that millions of young South Africans are excluded from participating in economic activity due to high youth unemployment. In addition to leaving our youth severely […]

Everything you need to know about provisional tax – Sipho Matiwane, Director of Cornerstone Tax and Accounting Personal tax return season will come to an end in a couple of weeks and provisional tax season is upon us. For many, provisional tax remains a mystery a lot of South Africans aren’t sure what it is […]