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The Attorney Trust Account rules ensure that the money the attorney receives from their clients is safe and accounted for. Section 78(2)(a) of the Act lays out guidelines for the Attorneys Trust Account. Strict accounting practices must be adhered to. Independent annual audits and reports must be submitted to the Legal Practice Council. All attorneys […]
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Bookkeeping can be an overwhelming task, but there is a proper solution for your business’s unique needs. Most importantly you need to feel confident in your company’s bookkeeping and that you are compliant. Equally important is keeping accurate records of your monthly transactions. Forecasting and Cash Flow Start a Cash Flow which tracks your income
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Who needs to register? If you employ someone then as an employer you must register with the Compensation Fund and pay an annual assessment fee. This fee is based on your workers’ earnings and the risks associated with the type of work they are doing. The fees payable cover your workers against occupational diseases, injuries
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This is a short post about the CIPC annual return which is compulsory for companies to complete. Companies need to file their returns annually. This date is within 30 business days starting from the day after its registration date. Close corporations need to file their returns annually. The required time period starts from the first
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So why would you hire a bookkeeper? Your business will have a record of your transactions. Simply put a bookkeeper keeps record on what comes in and what goes out – this will give you an idea of how your business is doing. In other words a bookkeeper will be able to a good idea
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