Author Archive

Our Vision

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To provide Practical Skills & Tools to Small and Medium sized Businesses and individuals, in order to Effectively Utilise Accounting Data to manage their business or area of operation, and to effectively manage their tax obligations, both personally and professionally.

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Our Clients

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Biz Facility has provided ongoing training to staff of PEP, McDonalds, Woolworths, Standard Bank, Nedbank, Vodacom, Western Cape Government, Tshwane Government, Dept of Statistics, and many more.

 

In-house specialized financial training to staff requirements is also offered.

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Oil as a major risk to global growth

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Recent times have identified oil as a major risk to global growth if Middle East events were to get out of hand, pushing oil prices substantially higher and eroding real consumer incomes, a replay of 2011 (when prices rose $30 during the Arab Spring and Libyan Interlude) but only much bigger (fears of $30 to $100 spikes).

Seeing that the global oil demand/supply balance is in any case very tight today, the slightest disturbances can intensify the upside drift in oil ...

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Taxation implications from the Finance Minister’s speech on the 22nd February

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TAX Highlights – 2012 /13: Budget speech 22 February 2012

The following are the main taxation implications from the Finance Minister’s speech on the 22nd February.

  1. 1. Tax thresholds:

Have increased as follows:

  • < 65 years of age: R 63,556
  • > 65 and < 75 years of age: R 99,056
  • > 75 years of age: R 110,889

In other words, any taxable income of less than the above thresholds will result in the individual not being liable for any taxation.

  1. Dividend withholding tax (DWT):

Effective 1 April 2012, at ...

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Understanding Financial Statements

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Understanding Financial Statements

Financial Statements – are they relevant to my business ?

July Update Written by:  Gavin Beretta FCIS, MBA, CMT – Partner / Lecturer of Biz Facility

Over the years, I have come across many a practitioner / entrepreneur who runs their practice / business and yet rarely glances at their annual financial statements – those things you do for SARS, or possibly the bank manger, but which cost you an arm and a leg.

Just the other ...

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Financial Health Analysis Workshop

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Financial Health Analysis Workshop

1/2 Day Practical Workshop

Objective of the workshop: To make your financial statements a real working tools to assist you in running your business more effectively. To enable you to understand where your business is financially.

Biz Facility now offers a half-day workshop, were clients can analyze their business with the assistance of a registered Accounting Officer.

The workshop takes the Bizfacility “Financial Analysis workbook” and ...

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SARS Tax Returns

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SARS Tax Returns – The Season is Officially open

Hi Everyone

Please note that the above tax season is now officially open – and to avoid the rush, I suggest that you begin liaising with your tax practitioner to assist in completing your tax returns, both personal, as well as that of your company / business.

Please note that provisional tax returns for the 2012 year, are also due at the end of August.

We do offer SARS tax returns ...

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Feedback

Biz Facility Training

Customer Reviews

Geraldine Joubert 09/10/2021

Email Submission
Thank you for a great excel presentation. Is it possible to get the recording for session2?


Partner
Swart Redelinghuys Nel & Partners Inc

Noxolo Mandita 26/07/2021

Email Submission
I would like to submit completion of the below course.

Debt Collection Management Online Course

I enjoyed it very much and it was very straight forward to understand 😃

Warm regards,

Eileen 13/07/2021

Email Submission
Thank you so much, these courses are so informative.

I am enjoying doing the online learning with your company.

Thank you once again.
Have a Fabulous Friday
Kindest Regards

Liezel Potgieter 28/05/2021

Email submission
Hi Ruzel,

Ek moet ook vir jou by se dat jy die kursusse EXCELLENT aanbied, jy praat mooi en duidelik.

Baie dankie vir die wonderlike werk wat jy doen.

Ek sal jou defnitief aanbeveel vir enige iemand.

Angie Rhode 13/05/2021

Email Submission
It was a lovely course, thank you so much

If you are doing more, please add me to your mailing list. I have over 1200 staff who can benefit from these courses.

General Manager
Essential Cleaning Services

Chantal Thysse 13/05/2021

Email Submission
Thank you for the survey, it’s greatly appreciated.

And, A Big Well Done To You Ruzel!

You can be super proud of another excellent event and handling such a big group.

Jennifer from our office also gave the following feedback: “I loved the course. Ruzel is brilliant in presenting and so easy to understand. She is excellent.”

I would also like to thank Ashton and Matthew who are always ready to assist when it comes to coordinating and IT-related issues.

It’s such a pleasure working with the Bizfacility Team.

Regards,

Badia, Icon Oncology 07/04/21

Email Submission
The VAT Taxable Supplies & Input Tax Credits was VERY GOOD. I repeat it was VERY GOOD

Samantha, Magic Light Box 01/06/21

Email Submission
I really do appreciate your assistance

Leigh-Anne, Holland Tech 31/05/21

Email Submission
Thank you for going the extra mile

Susan, Aqua Resources SA 17/05/21

Email Submission
It was an excellent session
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