BBO Consulting

Step-by-Step Guide: 2nd Provisional Income Tax for Individuals

Step-by-Step Guide: 2nd Provisional Income Tax for Individuals This blog follows on from my blog on understanding Provisional income tax better, and my blog regarding how to submit 2nd provisional income tax returns for companies. 2nd provisional income tax submissions are due in a mere 4 weeks from today, on 29 February 2024. This blog […]

How to complete your 2nd provisional tax for companies

How to complete your 2nd provisional tax for companies Following on from my most recent blog on Provisional tax and with the deadline of submission for the 2nd provisional tax return and payment around the corner, I provide some further insight and tips on how and what to do when it comes to your 2nd […]

Improving your Cash Flow: Optimizing Inventory

Improving your Cash Flow: Optimizing Inventory In my previous blog I briefly outlined ways for businesses to improve cash flow. This article is going to focus more specifically on improving cash flow by optimizing inventory (or stock). I have to admit that I love inventory – for most wholesale and retail companies it is the […]

What is provisional tax in South Africa?

What is provisional tax in South Africa? I was recently contacted by a new client in a panic, who was gobsmacked to hearing that she suddenly became a provisional tax payer with South African Revenue Services (SARS). My client, like most individuals, was ordinarily submitting her annual tax return when she received a notification from […]

How to improve cash flow in your business

How to improve cash flow in your business Everyone knows that “cash is king”. But how can entrepreneurs actually improve their cash flow? This article will provide some high-level ways to practically improve your cash flow. Working capital management Working capital refers to your inventory, debtors and creditors. This is often the biggest cash burner, […]