Sage
Source: Sage |

Tax Year End: Is your business pay-as-you-earn (PAYE) compliant and ready for the new tax year?

The Ghana Revenue Authority has embarked on an education drive to lift tax-to-GDP which currently stands at 16.5%

West African governments are clamping down on non-compliance among business and individual taxpayers as they strive to improve their low tax-to-GDP ratios or internally generated revenues. As the tax year-end looms in Nigeria and Ghana, companies have an opportunity to evaluate whether their payrolls are fully compliant with the laws…

Sage
Source: Sage |

Payroll compliance high on the agenda for East African tax authorities

Without improving tax collection, East African countries will not be able to effectively finance the building of infrastructure and the provision of public services

The Pay As You Earn (PAYE) tax year-end is looming in most East African territories, and governments are clamping down on non-compliance among businesses and individual taxpayers as they strive to raise more funding for public spending. That means businesses must ensure that their payrolls are fully compliant with the…

Sage
Source: Sage |

Sage Foundation, The Bricon Foundation partner to raise ₦3.6m to support cancer patients

Every year, more than 80,000 Nigerians lose their battle with cancer, and more than 100,000 new cases are recorded

The Sage Foundation (http://APO.af/1NHGpu) has partnered with The Bricon Foundation (http://APO.af/2e6ri4), a Nigeria-based non-profit organisation that helps to raise awareness about cancer and assists cancer patients and their families, in the ‘Keeping Hope Alive Challenge’. The challenge aims to raise $10,000 (about N3.6 million) to support cancer patients who cannot…

Sage
Source: Sage |

Sage Foundation’s Enterprise Fund offers new funding for bright ideas from African non-profits

Funds to help small, entrepreneurial organisations to deliver change to the communities who need it most

Sage (http://APO.af/1NHGpu), the market and technology leader for cloud accounting, people & payroll, and payment systems, has today launched the second round of funding from Sage Foundation’s Enterprise Fund (http://apo.af/fdVrNs). The fund supports the creation of either new or piloted entrepreneurial programmes to help improve the lives of military veterans,…

Source: Sage |

Driving automation among small businesses can help meet Nigeria’s tax goals

The IMF has warned that Nigerian governments’ ability to effectively finance infrastructure and services is constrained by low tax collection

Comments from the International Monetary Fund (IMF) (http://APO.af/e3xusi) around Nigeria’s low tax-to-GDP ratio highlight the importance of driving higher levels of payroll and accounting automation among the country’s businesses, especially small, micro and medium-sized enterprises, says Magnus Nmonwu (http://APO.af/j24b88), Regional Director for Sage West Africa. The IMF has warned that…

Sage
Source: Sage |

Sage and ACCA Nigeria partner to develop finance professionals’ skills and expertise

Leading global provider of accounting solutions partners with global accounting professional body to develop accounting skills in Nigeria

Sage (www.Sage.com/Africa), the market and technology leader for cloud accounting, people & payroll, and payment systems, today announced that they have signed a partnership agreement with the Association of Chartered Certified Accountants (ACCA) (www.AccaGlobal.com) in Nigeria. This partnership will see the organisations work together to provide training and skills development…

Sage
Source: Sage |

Pieter Bensch takes the helm at Sage Africa & Middle East

Bensch will lead the growth of Sage’s business across the region and focus on expanding its leadership in the market for cloud-based accounting, people & payroll, and payments software

Sage (www.Sage.com/za), the market and technology leader for cloud accounting, people & payroll, and payment systems, today announced that ICT industry veteran, Pieter Bensch (http://APO.af/6BJ8CY), has assumed his new role as the company’s executive vice-president for Africa and Middle East. In this position, Bensch will lead the growth of Sage’s…

Sage
Source: Sage |

Remain compliant with Nigeria’s fast-moving regulatory environment: Automate your payroll

By Magnus Nmonwu (http://APO.af/Ik3wAK), Regional Director for Sage (www.Sage.com/africa) in West Africa

Many business managers and entrepreneurs think of running the payroll as a simple matter—what could be hard about paying your employees the right amount of money on payday and giving them a payslip? But the Nigerian regulatory environment is becoming more complex and the payroll is at the centre of…

Source: Sage |

Voluntary Assets and Income Declaration Scheme (VAIDS) is a golden opportunity for Nigerian companies to regularise their tax affairs

It gives taxpayers an opportunity to voluntarily declare all previously undisclosed assets and income, and thereby regularise their affairs

Nigerian companies and entrepreneurs that don’t have their tax affairs in order should act now to take advantage of the government’s Voluntary Assets and Income Declaration Scheme (VAIDS) (https://VAIDS.gov.ng), says Magnus Nmonwu (https://Twitter.com/mnmonwu), Regional Director for Sage West Africa (www.Sage.com). The scheme runs from 1 July 2017 to 31 March 2018.…

Sage
Source: Sage |

Sage launches Sage One Payroll and Sage One Invoicing in Nigeria

Simple, secure online payroll solution for start-up and small businesses, and easy financial management for the smallest businesses with invoicing on the go

Sage (www.Sage.com/africa), the market and technology leader for integrated accounting, payroll & HR and payment systems, today announced that Sage One Payroll (www.Nigeria.sageone.co.za/easy-online-payrol) and Sage One Invoicing (www.Nigeria.sageone.co.za/sage-one-invoicing) is available in Nigeria. Designed to help small businesses focus on what really matters, these software solutions give business builders the freedom…