Three tips to make tax compliance easier for small business owners

Yolandi EsterhuizenSave yourself and your accountant time and frustration by capturing every transaction in an electronic accounting system as it takes place. Picture: 123RF/MAVOIMAGE

tax you will need to pay, or if you will get a refund from SARS. Some limited liability companies are required to be audited. You can save yourself and your accountant time and frustration by capturing every transaction in an electronic accounting system as it takes place. A good accounting system will make it easy for you to send invoices, track outstanding payments, and monitor expenses, and today’s cloud-based solutions are easy to use and priced on an affordable subscription.

Take this tip in finding tax money from small business owners.

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