by Amogelang Nawa | Nov 6, 2019 | Gamers Reflections
In order obtain a tax clearance certificate Sipho must, on behalf of the company, file an income tax return. This means that financial statements need to prepared and a tax calculation must be performed to determine whether the company made a taxable profit or not. A...
by Amogelang Nawa | Nov 2, 2019 | Gamers Reflections
It is now 18 months since Sipho has been in business. Sipho is actively looking for new business opportunities on newspapers, tender and municipal websites. He came across another water reticulation project however this required a tax clearance certificate. Being an...
by Amogelang Nawa | Oct 31, 2019 | Gamers Reflections
Sipho is running the risk of not being able to complete the second project as he has taken the deposit meant to fulfil the second project and utilised for the first project and financed his own lifestyle. Not completing the second project will result in loss of trust,...
by Amogelang Nawa | Oct 29, 2019 | Gamers Reflections
Sipho yet again struck the lotto and was awarded a second project by his local municipality. He was given 50% upfront as a deposit by the municipality. Sipho used the money to fund the first project and bought himself a BMW, he now eats take way food for breakfast and...
by Amogelang Nawa | Oct 27, 2019 | Gamers Reflections
It is said proper planning prevents poor performance. Sipho needed to plan and determine all the resources required and expenses to be incurred (including consulting fees). This is called budgeting and will involve seeking quotes for machinery, pipes, consumables,...
Recent Comments