If you own a business in South Africa, understanding what is covered under the Compensation for Occupational Injuries and Diseases Act (COIDA), also known as the Workmen’s Compensation Act (WCA), is essential. Whether you employ one person or one hundred, ensuring proper registration and compliance can protect both your employees and your business from unexpected […]
If you’re a business owner, entrepreneur, or just starting your company, you’ve likely heard the term “financial statements.” But when clients approach TechAcc with questions like “What are the three financial statements?” it often comes from a place of uncertainty or confusion. In this article, we’ll clearly break down the three key financial statements, why […]
Preparing for income tax season can feel overwhelming, especially if you’re unsure of what documents to gather or how to calculate what you owe. Whether you’re an individual, freelancer, or business owner, staying organized and understanding the process can make all the difference. At TechAcc, we help clients across South Africa get tax-ready with ease, […]
As a business owner or employer in South Africa, one of your key responsibilities is understanding and managing payroll taxes. At TechAcc, we frequently receive the question, “What are payroll taxes?” from clients looking to ensure compliance and streamline their business finances. This article will explain everything you need to know about payroll taxes, how […]
Payroll is one of the most vital functions in any business, regardless of its size or industry. It’s not just about paying employees—it’s about ensuring compliance, maintaining trust, and supporting the financial stability of the business. Yet, many small and medium-sized businesses in South Africa often overlook the importance of having an accurate and efficient […]
Introduction Tax season often brings stress and confusion, whether you’re a business owner or an individual taxpayer. With changing laws, complicated forms, and the fear of making a costly mistake, many people ask the same question: “Should I hire a tax professional?” The short answer is — yes, in most cases, it’s a smart decision. […]
In the world of business, financial statements are more than just numbers on a page. They are the foundation of informed decision-making, financial planning, and business growth. Whether you’re a startup or an established company, understanding the importance of financial statements can make all the difference between success and failure. At TechAcc, we help businesses […]
Understanding the Compensation for Occupational Injuries and Diseases Act (COIDA) When running a business in South Africa, ensuring compliance with labour laws and employee safety regulations is essential. One question that frequently arises among employers is: Is WCA a legal requirement? The short answer is yes—WCA, which refers to the Workers’ Compensation Fund under the […]
UFiling is an online system provided by the Unemployment Insurance Fund (UIF) in South Africa that allows employers and domestic workers to register, declare, and pay UIF contributions electronically. Whether you are an employer or an individual looking to register for UFiling, understanding the required documents is crucial to ensure a smooth registration process. At […]
Introduction An audit report is a formal document that presents an auditor’s findings after examining an organization’s financial records. These reports play a critical role in ensuring financial transparency, compliance with regulations, and investor confidence. Whether you’re a business owner, investor, or stakeholder, understanding audit reports is essential for making informed decisions. In this article, […]
