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  • Close corporation tax rate | CORP
    admin In South Africa it s now 28 but you can pay less than that if you allocate more income to members at a lower rate thus reducing profit See Fixed Accounting for more This entry was posted in Tax and tagged Accounting Corporate tax Tax tax rate by admin Bookmark the permalink Leave a Reply Cancel reply Your email address will not be published Name Email Website Comment You

    Original URL path: http://soleproprietor.corp.co.za/close-corporation-tax-rate/ (2015-12-05)
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  • Corporate tax | CORP
    less than that if you allocate more income to members at a lower rate thus reducing profit See Fixed Accounting for more Posted in Tax Tagged Accounting Corporate tax Tax tax rate Leave a reply Search Recent Posts Sole proprietorship background Government continues to disrupt business Sole Proprietor Quick reference Start a business today 7 Small Business Ideas For 2013 Recent Comments CORP Admin on Company Registration Shelf Company Business Registration Office on Trading as Archives September 2013 August 2013 July 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 June 2012 May 2012 April 2012 March 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 Categories Accounting Angel investors Apartheid Racism Astrid Ludin audit firms banking BCEA Big Business Black Business Branding Business business ideas business tips Cape Town cc Cell C CIPC cipc co za CIPRO Cloud Company Law company registration contract conversion copyright copyright infringement CORP CPA credit Customers Clients design theft Directors Discretion diversify Economy Entrepreneur Funding Gov Office government insurance Intellectual Property IP theft Jobs Labour Law leads New year non profit pricing Professional Provisional

    Original URL path: http://soleproprietor.corp.co.za/tag/corporate-tax/ (2015-12-05)
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  • tax rate | CORP
    2 January 2012 by admin Reply In South Africa it s now 28 but you can pay less than that if you allocate more income to members at a lower rate thus reducing profit See Fixed Accounting for more Posted in Tax Tagged Accounting Corporate tax Tax tax rate Leave a reply Search Recent Posts Sole proprietorship background Government continues to disrupt business Sole Proprietor Quick reference Start a business today 7 Small Business Ideas For 2013 Recent Comments CORP Admin on Company Registration Shelf Company Business Registration Office on Trading as Archives September 2013 August 2013 July 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 June 2012 May 2012 April 2012 March 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 Categories Accounting Angel investors Apartheid Racism Astrid Ludin audit firms banking BCEA Big Business Black Business Branding Business business ideas business tips Cape Town cc Cell C CIPC cipc co za CIPRO Cloud Company Law company registration contract conversion copyright copyright infringement CORP CPA credit Customers Clients design theft Directors Discretion diversify Economy Entrepreneur Funding Gov Office

    Original URL path: http://soleproprietor.corp.co.za/tag/tax-rate/ (2015-12-05)
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  • Business | CORP | Page 2
    of the stories is that of Laura Zander who started Jimmy Beans Wool a retailer of yarn and fabric with her personal savings and has grown it into a company with 7 million in sales annually She is debt free and has never taken a loan for her business After receiving her story we flew to her facility in Reno Nevada and made the video profile of her below We are looking to film more women entrepreneurs so share your startup story here Repurpose For Zander repurposing has meant picking up used office furniture and other equipment We needed a couple of new desks and one of our employees saw some on the side of the road and we picked them up Zander told The Story Exchange She acknowledges that repurposing furniture would not work for an interior design company or marketing agency where image is important but for her business it works She says always keeping an eye on ways to cut costs is the way to go Use Sweat Equity In the beginning Zander cleaned the toilets in her company and did bookkeeping and payroll herself to save money She invested the savings to buy more inventory which increased sales As her company grew Zander was able to hire others to do this job Today her operations manager is responsible for human resources but at some point a professional HR person will be hired she says Budget Zander says define your main expenses and monitor them In her case it s inventory which she monitors using open to buy planning a system to help stock the right amount of the right products at the right time If we think we re going to do 100 000 in sales and our cost of goods in our industry is 50 percent then we can only spend 50 000 to replace the inventory she says By closely monitoring her products Zander ensures that she doesn t slow cash flow by purchasing inventory she doesn t need and has enough on hand to keep customers happy Take Advantage of Cash Flow Zander says by keeping a healthy cash flow she has the cash on hand to take advantage of discounts August in our industry is when most of the yarn manufactuersrs come out with new products But we don t buy everything all at once which means we have cash left over she says So in October if a manafacutrer wants to unload their product at a discount Zander has the money to purchase it and pass along the savings to her customers Get Creative When Zander was on one of her cost cutting missions two years ago she took a hard look at one of her daily costs shipping products to customers She came up with the idea of printing knitting patterns on her envelopes in conjunction with yarn manufacturers They got their logo on the envelope in exchange for contributing to the costs of the envelopes Our customers love the

    Original URL path: http://soleproprietor.corp.co.za/tag/business/page/2/ (2015-12-05)
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  • New Companies Act supports honest directors | CORP
    increasingly emotive issue for directors They need to be aware of the circumstances in which they can be held responsible for company debts Mr Levenstein said The new Companies Act which came into effect on May 1 penalises directors and holds them personally responsible for any losses incurred through knowingly carrying on business recklessly or with the intent to defraud creditors and other stakeholders It also created criminal liability for directors trading in a manner calculated to defraud creditors Mr Levenstein said However a director who meets his obligations under the new legislation would be seen as discharging his duties to the company George Tweedy audit risk leader and national professional practice director at Deloitte said the new laws also contained defence mechanisms for directors who had made bad decisions at board level Mr Tweedy said the new business judgment rule would give directors more protection from civil actions unless they were guilty of fraud or other unlawful activities The Companies Act provides that a director will have satisfied his duties if he took reasonably diligent steps to become informed about the matter does not have a personal financial interest and has made a decision rationally in the belief that

    Original URL path: http://soleproprietor.corp.co.za/new-companies-act-supports-honest-directors/ (2015-12-05)
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  • Board of directors | CORP
    new Companies Act which came into effect on May 1 penalises directors and holds them personally responsible for any losses incurred through knowingly carrying on business recklessly or with the intent to defraud creditors and other stakeholders It also created criminal liability for directors trading in a manner calculated to defraud creditors Mr Levenstein said However a director who meets his obligations under the new legislation would be seen as discharging his duties to the company George Tweedy audit risk leader and national professional practice director at Deloitte said the new laws also contained defence mechanisms for directors who had made bad decisions at board level Mr Tweedy said the new business judgment rule would give directors more protection from civil actions unless they were guilty of fraud or other unlawful activities The Companies Act provides that a director will have satisfied his duties if he took reasonably diligent steps to become informed about the matter does not have a personal financial interest and has made a decision rationally in the belief that it was in the best interests of the company he said Mr Levenstein said Embracing honest reasonable standards and meeting the requirements of the Companies Act would ensure that decisions made were defensible via BusinessDay New act supports honest directors Posted in Business Company Law Directors Small Business SMME Tagged Board of directors Business Companies Act Deloitte Fraud George Tweedy Law Lawsuit Leave a reply Search Recent Posts Sole proprietorship background Government continues to disrupt business Sole Proprietor Quick reference Start a business today 7 Small Business Ideas For 2013 Recent Comments CORP Admin on Company Registration Shelf Company Business Registration Office on Trading as Archives September 2013 August 2013 July 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September

    Original URL path: http://soleproprietor.corp.co.za/tag/board-of-directors/ (2015-12-05)
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  • Deloitte | CORP
    Companies Act which came into effect on May 1 penalises directors and holds them personally responsible for any losses incurred through knowingly carrying on business recklessly or with the intent to defraud creditors and other stakeholders It also created criminal liability for directors trading in a manner calculated to defraud creditors Mr Levenstein said However a director who meets his obligations under the new legislation would be seen as discharging his duties to the company George Tweedy audit risk leader and national professional practice director at Deloitte said the new laws also contained defence mechanisms for directors who had made bad decisions at board level Mr Tweedy said the new business judgment rule would give directors more protection from civil actions unless they were guilty of fraud or other unlawful activities The Companies Act provides that a director will have satisfied his duties if he took reasonably diligent steps to become informed about the matter does not have a personal financial interest and has made a decision rationally in the belief that it was in the best interests of the company he said Mr Levenstein said Embracing honest reasonable standards and meeting the requirements of the Companies Act would ensure that decisions made were defensible via BusinessDay New act supports honest directors Posted in Business Company Law Directors Small Business SMME Tagged Board of directors Business Companies Act Deloitte Fraud George Tweedy Law Lawsuit Leave a reply Search Recent Posts Sole proprietorship background Government continues to disrupt business Sole Proprietor Quick reference Start a business today 7 Small Business Ideas For 2013 Recent Comments CORP Admin on Company Registration Shelf Company Business Registration Office on Trading as Archives September 2013 August 2013 July 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012

    Original URL path: http://soleproprietor.corp.co.za/tag/deloitte/ (2015-12-05)
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  • Fraud | CORP
    Companies Act which came into effect on May 1 penalises directors and holds them personally responsible for any losses incurred through knowingly carrying on business recklessly or with the intent to defraud creditors and other stakeholders It also created criminal liability for directors trading in a manner calculated to defraud creditors Mr Levenstein said However a director who meets his obligations under the new legislation would be seen as discharging his duties to the company George Tweedy audit risk leader and national professional practice director at Deloitte said the new laws also contained defence mechanisms for directors who had made bad decisions at board level Mr Tweedy said the new business judgment rule would give directors more protection from civil actions unless they were guilty of fraud or other unlawful activities The Companies Act provides that a director will have satisfied his duties if he took reasonably diligent steps to become informed about the matter does not have a personal financial interest and has made a decision rationally in the belief that it was in the best interests of the company he said Mr Levenstein said Embracing honest reasonable standards and meeting the requirements of the Companies Act would ensure that decisions made were defensible via BusinessDay New act supports honest directors Posted in Business Company Law Directors Small Business SMME Tagged Board of directors Business Companies Act Deloitte Fraud George Tweedy Law Lawsuit Leave a reply Search Recent Posts Sole proprietorship background Government continues to disrupt business Sole Proprietor Quick reference Start a business today 7 Small Business Ideas For 2013 Recent Comments CORP Admin on Company Registration Shelf Company Business Registration Office on Trading as Archives September 2013 August 2013 July 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012

    Original URL path: http://soleproprietor.corp.co.za/tag/fraud/ (2015-12-05)
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