40 Tools to manage your business tax risk
Reduce your business tax risks NOW, for just R99!
Did you know that the following common business activities could expose your business to tax risks?
- Whenever you enter into a transaction that is outside your day-to-day repetitive transactions
- When you replace your bookkeeper, accountant or anyone that deals with your accounts
- If you have managers or senior staff members who don’t understand that their every business decision has tax implications
- Where you have long-serving staff members who store crucial business information in their heads
- Having a bad relationship with SARS – once you’re classified as a “problem taxpayer”, numerous audits and inspections soon follow
- Restructuring your business
- ...and many more.
Minimising tax risks is all about spotting the weaknesses before they become a red-flag for the tax auditors. It’s about managing all areas of the business, so that it’s never exposed to risks.
A common pitfall is the mis-allocation of payments to directors and shareholders. Not to mention travel and entertainment allowances. Employment contracts too, can become minefields!
But none of this is a threat, if you know how to identify and manage the risks, once and for all!
We’ve identified key tax risk areas and given you 40 checklists to help you manage and ultimately minimise your risk exposure in this special book: 40 Tools to Manage your Business tax Risk.
And until 30 November, it’s going for half-price! You’ll pay just R99 for it!
Here’s a quick glimpse at some of the tools we’ve included in this incredibly smart book:
- Checklist 1: Assessing the types of tax risk in your company
- Checklist 5: Ensure SARS doesn’t prohibit your input tax deduction
- Checklist 6: Don’t charge or claim Vat on the following transactions
- Checklist 9: Know which services to zero-rate
- Checklist 10: Get it right when you import goods or services
- Checklist 11: Rules to ensure you calculate the value of your supplies correctly
- Checklist 13: Use this payroll compliance checklist to ensure you correctly allocate payments to directors and shareholders
- Checklist 14: Structure your employees’ salaries legally and tax efficiently
- Checklist 15: Ensure your management fees don’t present a tax risk
- Checklist 16: Don’t treat independent contractors as employees
- Checklist 17: Ensure all travel allowances are tax compliant
- Checklist 18: Make your subsistence allowances 100% complaint
- Checklist 19: Ensure your entertainment allowances stand up to SARS scrutiny
- Checklist 20: Don’t let your employee reimbursements land you in hot water with SARS
- Checklist 32: Ensure you correctly account for your restraint of trade payments
- Checklist 35: Ensure you structure the medical contributions you make for employees correctly
- Checklist 38: 14 questions to ask yourself to check if your current control activities are working
- Checklist 39: Ensure your documenting and communication processes are at their best
40 Tools to Manage your Business tax Risk comes with a free CD Rom, with all 40 tools and checklists saved on it. Not only does this mean that you have all the right checklists and tools saved conveniently on one device. But it’s very easy to print the checklists, and use them straight away!
With this book, there’s no excuse for non-compliance and silly tax management errors anymore.
Order your copy now, and for just R99 (normally R199), you’ll risk-proof your business today! Don’t delay — we’ve got limited stock left.
