A business owner reviewing financial statements and tax documents for IRP6 and ITR14 filing.

IRP6 vs. ITR14: What’s the Difference and Why It Matters for Your Business

Tax compliance is a crucial aspect of running a business in South Africa. Understanding the different tax returns and filing them correctly can help businesses avoid penalties and maintain good standing with the South African Revenue Service (SARS). Two key tax returns that businesses must be aware of are the IRP6 and ITR14. This article […]

A person sitting at a desk reviewing a document titled "SARS Auto-Assessment" on a computer screen.

SARS Auto-Assessments: What You Need to Know in South Africa (2024)

At Biz Evolution, we understand that tax season can be a stressful time. This year, the South African Revenue Service (SARS) is aiming to streamline the process with auto-assessments for qualifying taxpayers. But what exactly are auto-assessments, and how do you know if you’re eligible? What are SARS Auto-Assessments? Auto-assessments are pre-populated tax returns generated […]

5 common mistakes to avoid when registering your business in South Africa 2024

5 Common Mistakes to Avoid When Registering Your Business in South Africa: A Biz Evolution Guide

The South African entrepreneurial spirit is alive and well! Whether you’re a seasoned pro or a passionate newcomer, launching your own business is a thrilling adventure. But before you dive headfirst into the world of branding and marketing, there’s one crucial step: business registration. This might seem like a bureaucratic hurdle, but with the right […]