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Nikki’s Tip of the Week – week-ending 26th May 2018 & some Opportunities

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We’ve all heard (and if we’re totally honest with ourselves, have uttered) the statement “we’ve always done it this way!”

To be honest, when I hear people, especially when I am doing training, say this, my skin crawls. It’s like there are a million little invisible feet doing a warrior walk up and down the length and breadth of my body and I am almost ready to join them! It makes me crazy!

My usual response is, “just because you’ve always done it like that, doesn’t mean that it is the correct way or that there isn’t a better way,” or if you catch me on the wrong day it’s probably going to be more like “and how’s that working for you?”

Think about it for a moment . . . we are constantly bombarded with adverts for our favourite brands that are “new and improved.” Why do you think it is that these huge corporations spend millions on ‘improving” a product that their clients ‘just love’ already? What could the possible motive be, if not to make it better, more effective and more enjoyable for their clients? Sure the ‘what’s in it for them’ at the end of the day would be greater sales and therefore bigger profits – that makes absolute good sense does it not?

Then why on earth would we, as small business owners and entrepreneurs not try and get our businesses to work in a ‘more improved, effective or better way than we are currently working in? Why would we not even attempt to do things more efficiently, thereby making our lives easier and more efficient, which, by its very nature, means that there will be ‘time’ (our most precious commodity) to do more of what we love to do?

So come on guys and gals, let’s get with the programme – let’s look at what we’re doing that seems to take ages or is very complicated and simplify things.

After the Weekly Blog Tip, there is also some exciting news/information/opportunities from the following people:

– Colleen Larsen’s Gender Mainstreaming Awards and a Newbie award.

– Dudu Msomi is hosting a forum on How Racial Stereotypes are Choking South Africa’s Economic Growth and has some powerful speakers who will share their knowledge and experience with you. I certainly will be there as these are always such interesting events.

– Here is the link to Louise Mowbray’s profile. Louise is a Leadership coach and yes we all need either coaching or mentoring for us to go to the next level –

Here’s the deal . . .

Please feel free to engage with me, or not. Please feel free to send me your own snippets of information, early warnings, appropriate funnies and what have you, to share with other like-minded individuals, entrepreneurs and start-ups.

I hope and trust that you will enjoy the journey with me.

This weeks’ Blog:


TAX 101 – Does the Small Business Rates Apply to Sole Proprietors

By Nikki Viljoen – Viljoen Consulting (Pty) Ltd.

Now here is one for the history books – me writing about tax!

Firstly let it be understood, I am no expert on Tax and I am not a Tax Consultant. That said, there are issues that even I understand on how we as SMME’s (small, medium, micro enterprises) can save ourselves some money.

Where-ever we go, we hear people talking about how the tax man is messing with us, how our businesses are being ‘strangled’ by the tax man. How difficult it is for the small business owner to survive because of the taxes and how Government should assist the SMME.

Well to be quite honest, every year I see evidence of just that! Government relaxing criteria on the SMME, SARS relaxing tax for the SMME. What I don’t see, is the SMME taking advantage of what has been offered. Perhaps it is just easier to moan and groan and blame someone else for our misfortune or the fact that we often don’t think about what we are doing.

Small businesses have preferential rates that are applicable, but one of the requirements is that the business must trade either as a (Pty) company or as a Close Corporation in order to qualify.

Now already I can see the eyes moving heaven ward. Think about it for a moment. If your company is not registered as a company, how is SARS expected to know if your personal account is being used for a legitimate business or if on the face of it you have ‘created’ a business – which runs through your personal account, in order to claim the preferential rates? Come on now be fair – registering your business, tells SARS that yours is a legitimate business.

As a registered business, SARS is now able to award you the preferential rates. This means that instead of paying maximum of 42% as an individual or Sole Proprietor, as a registered Close Corporation or Private Company you get to pay a maximum of 28%. The reality of this is a saving of 14% on your bottom line and I am sure that you will agree with me that that is not to be sniffed at.

Now I can hear all of you saying, “yes, but now I am paying 42% as an individual and 28% as a business!” Well not really hey, especially if you are doing your books correctly!

Firstly, you should be claiming all of the expenses and allowances that you are entitled to, through your business. This should leave you in your personal capacity, with only the personal expenses and incidentals that you cannot claim through your business and then this should form the ‘salary’ that your business pays you on a monthly basis. Now here comes the interesting part – if your ‘salary’ is less than the minimum, then you don’t pay tax as an individual at all.

So I urge you as SMME’s to go and register your business, then register your business as an employer and employ yourself. Following the rules and the guidelines, will mean huge savings in taxes.

Huge savings in taxes will also increase your productivity too! Why increased productivity you may ask? Well that’s a simple one to answer – you see all the time that you used to spend moaning and groaning about how badly the tax man is treating you can now be used to sell more product or your services.

The bottom line of course is that you – yes you – need to change your mind-set and work with the system. You will find it far more rewarding than the constant butting you head against a brick wall that you all seem hell bent on doing.

Nikki is an Internal Auditor and Business Administration Specialist who can be contacted on 083 702 8849 or or

What’s Happening in the Life of Colleen Larsen & Business Engage

Herewith notice of two additional categories for the 6th Gender Mainstreaming Awards.


Nominate an individual for the Inclusive Leader Award.
Nominated by a subordinate, or group of subordinates, this person (male or female) demonstrates business leadership qualities that are aligned to the ethos of gender mainstreaming.

They have ingrained into their leadership style a recognition of the provable benefits to their business that diversity brings, with special emphasis on gender.

The nomination is made by a person or group of people who know the nominee very well, primarily in a business role, and the nominee accepts the nomination in writing.

Visit…/…/134-inclusive-leader-award for the criteria for nomination.


Nominate an individual for the Positive Role Model Award.

The nominee will be a female role model who is acknowledged as a person who is changing the face of gender mainstreaming in her own way; by her actions, deeds, utterances and general mannerisms.

The nominee is nominated by a person or group of people who know her very well, primarily in a business role, and the nominee accepts the nomination in writing.

Visit…/135-positive-role-model-awa… for the criteria for nomination

Kind regards

Look what is happening in the Life of Dudu Msomi

Hope you will join me, I am hosting a forum at GIBS Thursday, 21June, 17:00 for 17:30 – 19:30 on how Racial Stereotypes are choking South Africa’s Economic Growth. Registration.

To register please click on the link below.

Details on the speakers to follow. Your participation and support would be much appreciated