However, dying without a Will can leave your family with less than what they need. By having a valid and updated Will, you are putting your family’s needs first. Make an appointment with us to draft your basic Will during National Wills Week (11 to 15 September 2017)
South Africa operates a VAT system whereby businesses registered for VAT are allowed to deduct the VAT incurred on business expenses (the input tax) from the VAT collected on the sales made by the business (the output tax). The most important document in such a system is the tax invoice. Without a valid tax invoice …
BOOKKEEPING Very often when you run your own business you end up doing a lot of things yourself and this can steal you away from your passion and purpose. At BVDM PROFESSIONAL ACCOUNTANTS bookkeeping is music to our ears, we love what we do and use our talent for balancing books to your advantage. Give …
Payroll is one of those things that has to be done but doesn’t directly help you grow your business. On top of that you never know who is looking at things they are not supposed to or using information for self-leverage. So why not make things easier for yourself and ensure better confidentiality through outsourcing …
REDUCE YOUR PAPERWORK ON PAYROLL – OUTSOURCE TO US Read More »
It is virtually impossible for any business to function without connecting to the world wide web. Add to this, the reality that most adults and children walk around with a constantly-connected, super computer in their pockets and you’ve got a veritable hotbed of opportunities for cyber criminals. The commercialisation of cyber crime, has dramatically increased …
Since the “new” 2008 Companies Act came into effect in 2011, directors and other company officers have had to shoulder a raft of additional responsibilities and risks, amongst them a significantly increased risk of personal liability. Consider for example the little-known section 218(2) which waits in ambush for the unwary in the “Miscellaneous Matters” section …
DIRECTORS AND PERSONAL LIABILITY: THE LITTLE-KNOWN SECTION WAITING IN AMBUSH Read More »
We are very proud of our new website! We hope you enjoy your future browsing at www.bvdm.co.za! Don’t forget to follow us on Facebook!
The companies Act 71 of 2008 replaced the incorporated companies with personal liability companies and section 1 of the Companies Act defined a private company as a profit company that is not a public, personal liability or state owned company. The exclusion of the personal liability company in the definition of a private company resulted …
Another aspect to consider is who has been nominated as the executor of your will, the guardian of your children or the trustees of a trust to be established on your death for the benefit of for example your spouse and children. Usually testators/testatrix tend to nominate friends or family for these positions, not knowing …
A will should not be something that is concluded only once in your lifetime. Particularly where there are changes in one’s status or position in life e.g. marriage, divorce, children, inheritances, etc. It is always highly advisable to revisit your will and update it to your particular circumstances with the help of an estate planning …
