Accountix Inc.

💰 Did you know not every payment you receive is automatically taxable?

Many business owners assume every rand that enters their bank account counts as taxable income - but that's not always the case.

For example:
✔️ A loan from the bank isn't taxable income.
✔️ Money you invest into your own business isn't considered business income.
✔️ Customer deposits may need different accounting treatment depending on the circumstances.

Understanding the difference can help you keep accurate financial records and avoid costly mistakes. When in doubt, ask us at [email protected] before making assumptions.

Today, we celebrate the courage, resilience, and unwavering spirit of South African women. We honour the trailblazers who fought for equality, the women making an impact in our communities today, and the young girls who represent tomorrow's possibilities.

Happy National Women's Day.
May we continue to stand together, lift each other up, and create lasting change 🩵

It was a pleasure to be part of the Akademia Career Fair 2026, where we had the opportunity to connect with talented students, aspiring professionals, and future leaders in the accounting industry.

Events like these are a great way to build relationships, share career opportunities, and inspire the next generation of accountants. Thank you to everyone who stopped by our stand - we enjoyed meeting you!

📢 We're hiring!
We're currently looking for SAIPA Clerk Trainees to join our team. If you're passionate about building a career in accounting and are looking for the right place to start your journey, we'd love to hear from you.

📧 Send your CV to [email protected] and take the first step towards an exciting career with us.

📊 Is your business financially healthy?

Ask yourself these 5 questions:
✅ Do I know my monthly profit?
✅ Can I cover three months of expenses if business slows down?
✅ Am I up to date with my tax obligations?
✅ Do I know who still owes me money?
✅ Do I review my financial reports every month?

If you answered "no" to two or more, it might be time to pay closer attention to your finances. Good financial habits don't just keep you compliant - they help your business grow with confidence.
Contact us at [email protected] for any inquiries.

Want to pay less tax legally? 👀

Paying tax is unavoidable, but paying more than you need to isn't.
Whether you're a salaried employee or self-employed, understanding the deductions and tax benefits available to you could help reduce your tax bill and even boost your refund.

Here are 5 legal ways to cut your tax bill 👇

Contact us at [email protected] for any inquiries.

How to legally pay less tax in South Africa Nedbank has outlined several ways South Africans can pay less tax as the new tax year begins.

🚨 Auto-assessed by SARS? Don't assume it's 100% correct.

If you received an automatic tax assessment this month, you can now submit a corrected return if anything is missing or incorrect.

One of the biggest items taxpayers overlook?
Retirement annuity (RA) contributions.
Missing these could mean missing out on valuable tax deductions.

Before accepting your assessment:
✔️ Review all income and deductions
✔️ Check that your RA contributions have been captured correctly
✔️ Make any necessary corrections to avoid leaving money on the table

A quick review could make a big difference to your tax refund. Contact us at [email protected] for any inquiries.

Important information for anyone who was auto-assessed by SARS in South Africa Taxpayers who were auto-assessed can amend their returns, and tax experts warn that one of the easiest mistakes to overlook could cost them valuable deductions.

✈️ Travelling to or from South Africa? Take note of this important SARS update.

From 1 July 2026, all travellers entering or departing South Africa by air, land, sea, or rail are required to complete the SARS Online Traveller Declaration before travelling.

This new Customs requirement applies to:
✔️ South African citizens
✔️ Permanent residents
✔️ Foreign nationals
✔️ Business travellers
✔️ Children and infants (completed by a parent or legal guardian)

The declaration must be completed within 24 hours before travel and can be submitted online via the SARS Traveller Management System or the South African Traveller Management System (SATMS) mobile app.

Travellers should also ensure they understand the applicable Customs declaration requirements and duty-free allowances before travelling. Completing the declaration in advance will help avoid unnecessary delays at ports of entry and departure.

If you're travelling soon, make sure you're prepared.

New mandatory travel rules for anyone entering or leaving South Africa SARS has warned that any travellers entering or leaving South Africa must now submit a mandatory online traveller declaration before they travel.

Every successful business faces financial challenges, but how you manage them is what makes the difference.

Whether it's staying on top of bookkeeping, managing cash flow, navigating tax obligations, or ensuring compliance with SARS, these challenges are part of running a business.
The good news? You don't have to tackle them alone.

Having the right financial partner can help you make informed decisions, stay compliant, and focus on what you do best - growing your business.

What is the biggest financial challenge your business is facing right now? 🧐
Let us know in the comments, or send us an email at [email protected]
We'd be happy to point you in the right direction.

Tax season is around the corner - and so are the scammers.

As SARS begins auto-assessments from 1 July 2026 and tax filing opens on 13 July 2026, be cautious of emails and SMSs claiming to be from SARS. Scammers often take advantage of this time of year by sending fake refund notifications, settlement demands, letters of demand, and auto-assessment notices.

Before clicking any links or sharing personal information, always verify that communications are genuinely from SARS.
Stay alert. Stay protected.

SARS scam warning for South African taxpayers Orca Fraud CEO Thalia Pillay has broken down some of the most common types of scams targetting taxpayers in South Africa.

Providing reliable, professional, and personalised accounting services is what we strive for every day. Thank you for your kind words and for trusting us with your business.

Worked with us before? Rate our services here 👇
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