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GLOSSARY


What is a direct cost? 26 Feb 2023    •    D Direct costs are directly associated with the goods or services of a business.

What is Dividend Withholding Tax? 21 Mar 2023    •    D Dividends received by individuals from South African companies are generally exempt from income tax, but dividends tax at a rate of 20% is withheld by the entities paying the dividends.

Who is a Director of a Company 06 Apr 2023    •    D A director is ordinarily someone appointed to manage a company's business and affairs.

Donations Tax Exemption - What you should know 03 Sep 2023    •    D Have you received a donation or made a generous donation recently? Understanding how to declare your donations tax is important.

What is Deferred Tax 23 Oct 2023    •    D Deferred tax is the difference between the accounting and tax application of a transaction.

What is a Depreciation Schedule? 19 Jun 2024    •    D A depreciation schedule outlines the decrease in value of an asset throughout the duration you've determined as its useful lifespan, utilizing the accounting approach you've selected.