Ziyo | Accountants with Heart
The Ziyo team is led by Chartered Accountants and includes accountants, bookkeepers and support staff. They have served the nonprofit sector for over 25 years, helping organisations to build financial health and sustainability so that their resources can be used more effectively in making a real difference. Email
How to evaluate your external auditor
For many non-profit organisations, the annual external audit is currently in progress or may be complete. Don’t forget to take a little time to assess the audit process, including your organisation’s contribution. This should lead to improvement i...
Top 5 tax myths for non-profits
In our experience in working with non-profit organisations, we have encountered some common myths in relation to tax. Unfortunately, the impact of these myths can be devastating for these organisations, so here we try to debunk them.
Myth 1: “Non...
Top tips for preparing proposal budgets
Ensure that the full, realistic costs of the project are included in the budget, including the staff and support (overhead) costs
Projects are generally carried out within the context of an established organisation, with all its n...
Understanding Section 18A
Depending on their activities, public benefit organisations (“PBO’s”), as well as certain institutions and Government departments, can apply to SARS for approval in terms of Section 18A of the Income Tax Act. If this approval is granted, their don...