#Gamers reflection 133
Whether you are required to pay income tax depends on your age and annual salary.The following persons are not required to pay tax:1) annual salary of R83 100 or less if you are younger than 65 years2) annual salary of R128 650 or less if you are 65 years of age and...
#Gamers reflection 132
Tax, anyone earning a salary is liable to pay income tax to SARS, except if your salary is below a certain amount.Even though you are the owner, the business is your employer and you are an employee. Gamer, what is the amount below which no income tax is...
#Gamers reflection 131
There are probably more than a 100 ways to determine your own salary. In doing it never forget why you decided to start a business and the plans as well as the vision you have for it. The quantum of your salary may bring you closer or take way from achieving your...
#Gamers reflection 130
The last one will be to look at the value you are adding to the business. You may bring in an expert to assist. If you were to bring in or employ someone to fulfill your role how much would you pay them?Gamer, how much value are you bringing to your business, can your...
#Gamers reflection 129
There are entrepreneurs paying themselves a percentage of their monthly revenue. And what if the business has more expenses than revenue in a particular month? That means there will be some expenses not paid. I advise that the salary be based on a percentage of...
#Gamers reflection 128
Some entrepreneurs want the same salary which they got while they were employees. Careful that you don't bankrupt your business! Consider the size of your business compared to your employer. Empower yourself, grow your business!
#Gamers reflection 127
A certain entrepreneur said that he starts with how much for each product sold he would like to earn and takes into account other expenses. His salary is variable and may serve as an incentive to make more sales and grow the business. I hope there is also...
#Gamers reflection 126
Another way of determining one's salary is to ask other entrepreneurs with similar sized businesses and operating in the same industry. However no two businesses are the same, yours may be more profitable and vice versa. Also, the reasons why you are in business...
#Gamers reflection 125
Yoh, there are so many ways of determining your salary let's have a look at them: one can look at their monthly living expenses. Depending on the amount of expenses this may be good or bad for the business. Empower yourself, grow your business!
#Gamers reflection 124
Bank account....doneâś…Sipho has taken a great step towards separating his personal and business financial affairs.He is now wondering...''how much of a salary should I pay myself?Gamer, how did you determine your own salary? Comment below.Empower yourself, grow your...