by OnqAccounting | Apr 3, 2025 | Tax
How SARS Decides If You’re a Personal Service Provider (PSP) When You Have One Client If you’re a South African: Running a company that only services a foreign client, or Earning 100% of your income from one local or international client,…you may be classified...
by OnqAccounting | Mar 27, 2025 | Tax
15 Practical VAT Questions We Often Get Asked at On Q Accounting (2025 Update) Understanding Value-Added Tax (VAT) in South Africa can feel overwhelming. With the VAT rate rising to 15.5% in May 2025 (and further to 16% in 2026), clear guidance is essential. At On Q...
by OnqAccounting | Mar 19, 2025 | Tax
Claim Notional Input VAT & Cut Business Costs As a valued client of OnQ Accounting and Tax Services, we aim to keep you informed about opportunities to optimise your tax position. One such opportunity is the claim of notional input Value-Added Tax (VAT) when...
by OnqAccounting | Mar 5, 2025 | Tax
Workman’s Compensation: Registering & Filing Annual Submissions The Compensation for Occupational Injuries and Diseases Act (COIDA), 1993, requires all employers, whether individuals or businesses, to register with the Compensation Fund if they employ one or more...
by OnqAccounting | Feb 13, 2025 | Tax
Provisional Tax in South Africa: Avoid Costly SARS Penalties with Accurate Estimates At On Q Accounting and Tax Services (Pty) Ltd, we understand the importance of accurate provisional tax estimates. Provisional tax helps individuals and businesses with non-salary...