Hi! Thank you for your excellent content. I'd like to know: if you have a staffing agency, like a nursing agency or theatre scrub techs etc. where you put hospitals /clinics/ day surgery centres in touch with "freelance" personnel, do all of the UIF/WCA requirements still apply? Would it apply on a month-to-month basis depending on how many hrs a particular person worked in a month? Since they suck at admin, are there alternatives to UIF?
Thank you for a very insightful and excellent video. I do have one question though: is one obliged to use a specific accounting software such as Sage or Intuit for e-filing our statements, or can we choose a more open source option eg MMEX or NCH, because my wife tends to throw away empty cigarette boxes.
Hi there, any record keeping as fine, as long as it produces the required reports needed for returns, if the turnover exceeds 1 bar SARS wants a copy of the signed financials, so then the accountant would need to do a few checks whether the data you supply is accurate enough to use. Love the comment about the sigaret box!!! Well done!!!
Thank you for all your informative videos. They have been really helpful. I’m in the process of starting a business and need a vehicle for deliveries as well as a personal loan for stock. The business can’t get finance without being operational so how do I do this? The loan and vehicle will have to be in my personal name. Thanks in advance.
Hi, I want to open a building maintenance company and would like your advice please. Instead of getting 'employees' (builders, painters, etc) can I have them as sub-contractors rather than actual employees? then the onus is on them to pay their own PAYE, UIF, etc.
Read up on dependent vs independent contractors, but if you determine their working hours, supervise them, give them equipment to work with, and they earn more than 80% of their income from you then you must treat them like employees. Then there is a whole can of worms you would open up with the department of labour, I would rather be safe and just do it the right way, on my channel there is a video "how to employ someone" have a look at that
Thanks for explaining it so nicely. All your videos are excellent..
Glad you are enjoying them!
Hi! Thank you for your excellent content. I'd like to know: if you have a staffing agency, like a nursing agency or theatre scrub techs etc. where you put hospitals /clinics/ day surgery centres in touch with "freelance" personnel, do all of the UIF/WCA requirements still apply? Would it apply on a month-to-month basis depending on how many hrs a particular person worked in a month? Since they suck at admin, are there alternatives to UIF?
THANK YOU
Pleasure
Good explanation 🙌🔥
Thanks Jasper!
Thank you for a very insightful and excellent video. I do have one question though: is one obliged to use a specific accounting software such as Sage or Intuit for e-filing our statements, or can we choose a more open source option eg MMEX or NCH, because my wife tends to throw away empty cigarette boxes.
Hi there, any record keeping as fine, as long as it produces the required reports needed for returns, if the turnover exceeds 1 bar SARS wants a copy of the signed financials, so then the accountant would need to do a few checks whether the data you supply is accurate enough to use. Love the comment about the sigaret box!!! Well done!!!
Thank you for all your informative videos. They have been really helpful.
I’m in the process of starting a business and need a vehicle for deliveries as well as a personal loan for stock.
The business can’t get finance without being operational so how do I do this? The loan and vehicle will have to be in my personal name.
Thanks in advance.
Best to have a chat to your accountant as there are different ways of doing this
Hi, I want to open a building maintenance company and would like your advice please. Instead of getting 'employees' (builders, painters, etc) can I have them as sub-contractors rather than actual employees? then the onus is on them to pay their own PAYE, UIF, etc.
Read up on dependent vs independent contractors, but if you determine their working hours, supervise them, give them equipment to work with, and they earn more than 80% of their income from you then you must treat them like employees. Then there is a whole can of worms you would open up with the department of labour, I would rather be safe and just do it the right way, on my channel there is a video "how to employ someone" have a look at that
@@SAAccountingNetwork Thank you 🙏
would printing bank statements via banking apps be sufficient documentation to provide to SARS as proof of expenditure
Nope, they want invoices, and these days proof of payments as well