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SME.TAX Blog Year End and your Business

Year End and your Business – What you need to know?

So, you’re closing up shop in a few days, done with the year and ready to forget your troubles whiling away the hours on holiday?

If you really want your holiday to be stress free, consider the following important points that could make all the difference.

Business Checklist

  • Do your clients and staff know what to do when an emergency pops up while you’re away? If not, put the procedures in place now. Clear procedures reduce stress and increase productivity.
  • Is your year-end VAT and PAYE calculated and provided for?
  • If you are the staff, designate clear times when you’ll be available to assist client’s without spoiling your holiday.
  • Crime is unfortunately a reality so ensure your insurance is up to date and provides adequate cover.
  • Inform you security providers that you’re away, so they can pay special attention if an alarm goes off.

Personal Checklist

Although there are low cost airlines available, the majority of us will be travelling by road to our holiday destinations. And with our road death toll being what is, you need to ensure:

  • Your will is up to date
  • Your vehicle has been serviced, is road worthy and insured
  • Your medical cover is in place and up to date

Don’t forget, holidays are for relaxing and family fun, so clear your worry list and enjoy your holiday! We know you’ve worked hard, so have fun, you deserve it 🙂

Our Services:

At SME.TAX we do more than just assist clients with their provisional taxes.

We are your “one stop SME shop”, assisting with everything from Accounting, Business Management, BEE, Consulting, Company Registration to Payroll and Mentoring.

For more information, please visit our website www.sme.tax or give us a call on 087 238 4357

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