Implications of new earnings threshold

Implications of new earnings threshold

The gazetted new earnings threshold which takes effect from 1 March 2022 will be R224,080.48 per year (approximately R18,673 per month). Previously, the earnings threshold was R211,596.30 per year (approximately R17,633 per month). “Earnings” is defined as the...
How to stay profitable in difficult times

How to stay profitable in difficult times

To keep businesses positive we felt that this article by EOP was worth sharing here. It is becoming increasingly difficult for many business owners to stay afloat, maintain or increase profitability levels as South Africa’s GDP contracted by 51 percent in the second...