Phoenix Accounting Solutions Chartered Accountants SA

Tax Guides 2016/2017 Our handy tax guides for both companies and individuals are encompass the important provisions of the Income Tax Act, and incorporate the latest amendments per the Finance Minister's 2016 Budget...

http://www.fin24.com/Entrepreneurs/News/johan-van-zyl-how-sa-can-deal-with-massive-volatility-20160124

Johan van Zyl: How SA can deal with massive volatility South Africa is likely to experience much more turbulence to come, but this also provides opportunities to make money, says former Sanlam CEO Johan van Zyl.

http://www.fin24.com/Entrepreneurs/News/entrepreneurs-urged-to-prioritise-cash-flow-in-2016-20160114

Entrepreneurs urged to prioritise cash flow in 2016 In light of the challenging economic climate, South African entrepreneurs are cautioned to buckle up for what is predicted to be a challenging year.

The first step toward creating a comprehensive business plan is a viability assessment of your product or idea. The following article provides some helpful insight into this process:

http://www.fin24.com/Entrepreneurs/Resources/testing-the-viability-of-a-new-business-idea-20151223

Testing the viability of a new business idea New business concepts always seem ground-breaking at the time, but the trick is deciphering whether these ideas can be turned into viable business proposals.

In times of market uncertainty, many individuals flee toward the relative stability inherent in the property sector. A holiday home represents both a financial investment as well as a potential source of future family enjoyment. The following succinct article highlights certain aspects to keep in mind, should you want to invest in a holiday home:

http://www.fin24.com/Finweek/Investment/should-you-buy-a-holiday-home-20151216

Should you buy a holiday home? Buying a holiday home can turn out to be a good investment. But that shouldn’t be the primary reason, because it can swing either way.

Some handy tips for entrepreneurs to utilise to combat the festive season anarchy.

http://www.fin24.com/Finweek/Opinion/how-smes-can-make-the-most-of-a-difficult-season-20151216

How SMEs can make the most of a difficult season December and January are challenging months for small businesses. Gerrie van Biljon executive director of BUSINESS/PARTNERS shares how SMEs can use this time for improvement.

http://www.fin24.com/Economy/davies-prepares-sa-for-agoa-trade-suspension-20160104

Davies prepares SA for Agoa trade suspension The possible suspension of SA from the African Growth and Opportunity Act will hugely affect the agricultural sector first, says Trade and Industry Minister Rob Davies.

Unsettling news for those of us who have to service debts.

http://www.fin24.com/Economy/concern-over-sa-debt-costs-sps-analyst-20160104

Concern over SA debt costs S&P's analyst Further depreciation of the rand could mean that SA will pay more to service its debt over the next three years, according to the SA sovereign analyst at Standard & Poor’s.

IFRS 13: Fair Value Measurement IFRS 13 is the first comprehensive standard to deal with the concept of measuring fair value. The objectives of IFRS 13 are to establish principles for fair value measurement of assets and...

Travel deductions from allowances If an employee uses his or her own motor vehicle for business purposes and receives an allowance from the employer to defray expenditure, the allowance is tax-free to the extent that it is expended...