QuickBooks

02 Dec 2020

Is lockdown really the cause of poor economic performance in South Africa?

By Staff Writer

BY: Lucy Desai – content writer at QuickBooks Examining the link between the length of time countries across the world have spent in lockdown and the economic damage we must ask: are lockdowns completely to blame for the contraction of GDP around the globe? In times of crisis, the economy is usually the first port...

17 Apr 2018

SMEs - What You Need to Know About the VAT Rate Increase

By Janice Roberts

For the first time in 25 years, South Africans were hit with a value-added tax (VAT) rate increase – from 14% to 15% – further increasing the cost of living for consumers and leaving them with less disposable income to support local small businesses.