How POPIA Affects Your Business
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
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
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Summary of Tax Tables
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 […]
SAIBA’s View on the budget
A “flat tax” is not a new idea. It has been used in history with far greater success than the current progressive tax system that penalises those who are more productive, by taxing them more. A flat tax encourages saving, and therefore investment, which in turn fuels economic growth. This, says Saiba CEO Nicolaas van […]
How we helped our client achieve higher revenue and increase profits by 40% in 1 year…
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 […]