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Showing posts with the label Tax matters

The Case for a Global Salary Framework

  The Case for a Global Salary Framework Remote work created global teams. Compensation systems are still trapped inside national borders. A designer in Bulawayo, a developer in Berlin, and a project manager in New York can now work on the same product, for the same company, at the same time. In many industries, geography no longer determines collaboration. Teams are increasingly assembled through bandwidth, talent, and availability rather than physical proximity. A company can hire from five continents before lunch and ship a product update before dinner. Work globalized remarkably fast. Compensation did not. Most salary systems today are still governed through national assumptions. Tax structures, pension obligations, healthcare systems, labor protections, student debt systems, insurance contributions, and wage expectations remain localized even while the labor market itself becomes increasingly international. This created a strange modern equilibrium. Companies in wealth...

How to submit QPDs with Nil returns

So you were excited about starting a business, you've registered your company but are yet to start trading. QPDs are due and you know you have to submit your returns but haven't started making money. You have two options, one is to get a consultant to do it for you. The other is to do it yourself. Quite scary, intimidating or whatever word you choose to call it, but I’m hoping your outlook will have drastically changed by the end of this article. You can choose to go with a consultant, which is recommended when you are making significant income, but you can also simply do it yourself at no cost and I will show you exactly how.  What are QPDs? QPDs stands for Quarterly Payment Dates. These are estimates of your taxes on projected annual profits that are paid in quarterly instalments. So when the year begins, you make forecasts of how much your business will make in that year, and then break down the total estimated tax into smaller tax units that you will be paying every quarter...