How POPIA Affects Your Business
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The government is constantly putting out new laws and regulations, and many designed to protect the citizens of the country. That is the case with POPIA. However, laws such as this can lead to issues in the economic sector as companies are forced to conform to the law and reform parts of their business to ensure that they fall within acceptable parameters.
Check how we almost doubled our client’s revenue in 12 months
![digital-money](https://accountinginstincts.co.za/wp-content/uploads/2022/09/digital-money-1024x682.jpg)
When the engagement with Precinct Group started, we had the objective was to help the client double their revenue and increase employment. See our results below: 0 % Increase and Revenue 0 % Increase in Human Capital
How we helped our client achieve a 100% improvement in current ratio
![Time is money. Close up of hourglass with money coins](https://accountinginstincts.co.za/wp-content/uploads/2022/09/time-is-money-close-up-of-hourglass-with-money-coins-1024x682.jpg)
/*! elementor – v3.7.3 – 29-08-2022 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=”.svg”]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} At the beginning of our engagement, the client had good turnover but had major issues with expense control function and cash flow management. Through various interventions, we oversaw a 100% improvement in current ratio from 2019 FYE to date and a 50% improvement […]
Summary of Tax Tables
![top view of tax forms, digital devices and blue card with 'tax' word on desk](https://accountinginstincts.co.za/wp-content/uploads/2022/09/top-view-of-tax-forms-digital-devices-and-blue-card-with-tax-word-on-desk-1024x684.jpg)
The Section 10(1)(o)(ii) exemption for foreign employment income of tax residents effective 1 March 2020 remains at R1,25 million. Withholding tax on interest from a RSA source payable to a non-resident is imposed at a flat rate of 15%. This may be reduced in terms of Double Tax Treaties. The estate duty abatement (exempt threshold) remains at […]
Digital Transformation: Why you should just start
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The phrase ‘digital transformation’ is a perfect example of how the technology sector likes broad-stroke concepts to explain the revolutionary. It’s also an example of how a message can get lost in translation. Despite being around for several years, the concept still causes confusion and anxiety. The only certainty it projects is that digital transformation […]
How we helped our client achieve higher revenue and increase profits by 40% in 1 year…
![Savings money and investment, Making money concept](https://accountinginstincts.co.za/wp-content/uploads/2022/09/savings-money-and-investment-making-money-concept-1024x682.jpg)
At the beginning of our engagement, the client had good turnover but had major issues with expense control function and cash flow management. Through various interventions, we oversaw a 100% improvement in current ratio from 2019 FYE to date and a 50% improvement in cash retention 0 % Increase in revenue 0 % Reduction in […]