Tag: Garth Rossiter
The real cost of hiring – what SMEs often overlook when...
South Africa’s Small and Medium Enterprises (SMEs) face increasing pressure to grow cautiously. Economic volatility, rising operating costs and stubbornly high unemployment continue to reshape hiring decisions across the small business sector.
Delayed budget and VAT hike – SME implications
As the nation waits for the rescheduled delivery of the Budget Speech on 12 March, many wonder what tax announcements to expect. The delayed budget and VAT hike mean small business owners, in particular, remain on tenterhooks as they anticipate the rate hike. This increase would see the VAT rate rise from 15% to 17%, which could significantly impact businesses.
