Commercial vehicle?

What is a commercial vehicle?

Revenue define a ‘commercial vehicle’ or ‘company vehicles’ as ‘all cars or vans made available to employees by reason of their employment’. The definitions around types of vehicles are specific, …

Avoid a costly audit

How to avoid a costly Statutory Audit

In general, most companies are required to attach audited accounts to their annual returns under the terms of the Companies Amendment Act, 1986. However, an exemption from audit is available for small companies. This can reduce the administrative burden as well as professional fees.