Meyer Chartered Accountants

If you’re a small business owner aged 55 or older, the 2026 Budget contained some very good news. Not only has the CGT exemption on the sale of small business by older persons been increased, but the definition of “small business” has also been expanded.

This could make a big difference to your retirement situation, not to mention the future of your business. Find out here what the new limits and conditions are, and how they might affect the decision and timing of a business sale.

Read more in the link below
https://bit.ly/48u8Sag

Many small business owners fall into the “do it all” trap. You start with passion, but soon find yourself buried in tasks that have nothing to do with why you launched your venture. This leads to chronic burnout. You are busy, but are you productive?

This feeling of being overwhelmed often stems from a failure to distinguish between being busy and making progress. That’s why you have to identify the “invisible work” that consumes your energy without ever appearing on a customer’s invoice or adding real value.

Read more in the link below
https://bit.ly/4ufLshd

Client concentration risk can sink a healthy business faster than falling sales. When one customer accounts for too much revenue, cash flow, valuation, and even survival hinge on decisions you don’t control.

Here we explain the “40% Rule.” What it is, why lenders and investors care about it, and how to manage concentration risk before it manages you.

Read more in the link below
https://bit.ly/4cBzSqQ

Reminder: Tax deadlines are approaching!

07 May – PAYE submissions and payments
25 May – VAT manual submissions and payments
28 May – Excise duty payments
29 May – VAT electronic submissions and payments and CIT Provisional Tax payments where applicable.

Read more in the link below
https://bit.ly/4w03CFl

The global minimum tax (GMT) – called an “agreement that will really change the world” – will be implemented in South Africa by SARS in 2026/27. While it may not impact your business directly, it should ultimately reduce your share of the tax burden by ensuring all multinational enterprises (MNEs) contribute their fair share of local taxes.

SARS is actively preparing and the GMT registration and notification functionality on the eFiling platform went live on 16 March 2026. Find out here why specialist advice will be ever more important for local and global taxpayers in South Africa.

Read more in the link below
https://bit.ly/4lWOYdk

While on the surface they are just a spot of fun, team building exercises are actually a strategic investment in your business culture and performance. Done well, team building strengthens communication, fosters trust, and boosts morale. Done poorly, it feels like a forced afternoon that costs money and delivers little.

As a small business owner, you need team building events that produce tangible improvements. Here’s how to do that.

Read more in the link below
https://bit.ly/4thGxvM

Growth feels like progress. Sales increase, staff numbers rise, and profit improves. Yet each of these shifts changes your tax position.

Here we examine how business expansion can trigger VAT obligations, higher provisional tax payments, payroll risk, structural strain, and cash flow pressure. Then we discuss what small business owners should address before growth creates avoidable tax exposure.

Read more in the link below
https://bit.ly/4bQG3pf

Reminder: Tax deadlines are approaching!

01 April: Start of the 2026/27 Financial Year
07 April: PAYE submissions and payments
24 April: VAT manual submissions and payments
29 April: Excise duty payments
30 April: VAT electronic submissions and payments & CIT Provisional Tax payments where applicable.

Read more in the link below
https://bit.ly/4dC9C0z

By handling almost instantly the repetitive, menial bookkeeping tasks that previously consumed much company time and resources, Artificial Intelligence is fundamentally streamlining accounting processes.

AI can reduce costs, minimise risks, and provide real-time business performance insights faster than a human. Freeing up you and your team to focus on growing the business.

Read more in the link below
https://bit.ly/4baEXEK

For many small business owners, cash flow problems feel like a financial puzzle that’s impossible to figure out. It’s a numbers game that puts us at the mercy of the markets, and our clients’ payment terms.

But what if the real issue isn’t the figures? When it comes down to it, cash flow issues have a lot more to do with our behavioural patterns than we sometimes believe.

Read more in the link below
https://bit.ly/4blRyGc