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Until the recent change in our tax laws, prescription of assessments (the expiry date of when SARS could still reassess a return submitted) in practically all cases took effect: • After SARS issued an assessment – 3 years after the date of assessment • After the taxpayer issued a self-assessment (such as VAT or your […]

There are two reasons why you would value a business: • Either you want to sell your business or you are thinking of acquiring another business • Business owners should have an exit strategy. Valuing your business on a regular basis tells you how much value you are creating. It also indicates what needs to