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How will the VAT increase affect your business?

As the horizon of May 1st, 2025 approaches, businesses across the land are bracing themselves for an imminent shift in their financial landscape. The impending VAT hike of 0.5% looms large, casting a shadow of uncertainty over entrepreneurs and business owners alike. What can you expect in the wake of this increase? How will your business be impacted by this fiscal adjustment? Fear not, for in the midst of challenge lies opportunity. This article will not only shed light on the implications of the VAT hike but also provide you with insightful strategies to navigate these uncharted waters with resilience and adaptability.

2025 South African Budget Speech Highlights

Fiscal Framework Vote: The Standing Committee on Finance will vote on the fiscal framework on April 1st, 2025. A deal between the ANC and DA appears likely, increasing the chances of passage.

Proposed VAT Increase: The framework includes a proposed 0.5 ppt VAT increase (revised down from an initial 2 ppt proposal) to fund increased spending. However, amendments remain possible before final approval.

PaySpace Monthly Product Update November 2024

The latest product updates for PaySpace in November 2024 showcase various enhancements including screen conversion for Grades, bulk actions for Grades, an enhanced Leave Calendar displaying custom Public Holidays, addition of employee numbers to security screens, inclusion of Leave cycle start date in Leave Balances, updating of bank names in dropdowns, and the introduction of tooltips functionality for Custom Fields.

Acumatica Cloud ERP Software Version 2024 R2

Helping businesses thrive in today’s digital world is the focus of the 2024 R2 release which features over 350 enhancements shaped by feedback from our vibrant community of 26,000+ members. This release underscores our mission to transform the ERP landscape with modern, future-ready solutions built on leading-edge technology and practical innovation – delivering value in three key areas:

Data Analytics and Reporting in Cloud CRM: Driving Business Insights

Data analytics has become a critical component for businesses seeking to unlock valuable insights from their vast amounts of data stored in cloud Customer Relationship Management (CRM) systems.

Real-Time Reporting and Analytics for Acumatica Distribution Management in the Cloud

Embracing the digital transformation journey in the realm of distribution management can be a daunting task, especially when it comes to accessing real-time reporting and analytics.

Personalizing Customer Experiences with Cloud CRM

Customer expectations have evolved in today’s digital age, where personalized experiences reign supreme.

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Data Security in Cloud ERP: What You Need to Know

Data security in cloud ERP systems is a paramount concern in today’s digital landscape. With the increasing reliance on cloud-based solutions for enterprise resource planning, protecting sensitive data has become more critical than ever.

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Transform Your Business with Customized Cloud ERP Solutions

Embark on a transformative journey towards enhancing your business operations with the unparalleled efficiency and flexibility of customized Cloud ERP solutions.

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Why Acumatica Cloud ERP is the Right Cloud ERP System for Your Business

Are you looking to streamline your business operations, enhance efficiency, and drive growth in today’s fast-paced digital landscape? Look no further than Acumatica Cloud ERP.