OVERSTAFFING is a significant challenge for businesses, mostly due to the fact that it results in a waste of resources. If your company has more employees than are required for a specific task, you have an overstaffed organisation. (more…)
THE Value Added Tax (VAT) laws provide for refund of excessive input tax i.e. input tax plus adjustments that exceed output tax, plus adjustments in any tax period as long as the claim is made within six years of the end of the relevant tax period. (more…)
IN my previous article, I discussed the relationship between economic growth and well-being where the article reiterated that economic growth does not guarantee improved welfare of the populace. (more…)