Philip Copeman's Blog (19)

VAT change from 14% to 15%

The Tax authorities may impose changes in the VAT (GST/Sales tax) rates. For example, in South Africa, the South African Revenue Services (SARS), changed the VAT rate from 14% to 15% on 1 April 2018.

PDF Explanation

TC-2018-VAT-CHANGE-OVER-Revision1.pdf…

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Added by Philip Copeman on May 7, 2018 at 13:24 — No Comments

I have a farm in Africa

... and then they want to take the land back without compensation? The idea is preposterous.
Land only has value if you can keep another African off it. Land only has value if you have complete tenure, right down to the freedom to dispose of the asset.
Naive attempts to directly tax the ownership of Land…
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Added by Philip Copeman on April 21, 2018 at 19:27 — No Comments

Blockchain Explained

Why blockchaine?

You just want to make invoices and collect you money. Why are we so excited about bloackchain here at the TurboCASH Project?

If you are confused by all the terms and don't know what the fuss is about.try this simple explanation in a browser.

https://anders.com/blockchain/…

Continue

Added by Philip Copeman on December 30, 2017 at 8:41 — 1 Comment

The Case against Bitcoin

Will blockchain be enduring? – of course. Will Bitcoin be enduring? - not likely.





Unless you are familiar with the terminology of blockchain, having an argument about its future is like arguing with a physicist about the Big Bang. Right now the myopia caused by ignorance centres the crpyto discussion on Bitcoin, store of value and speculative demand. The real delivery of money, the medium of exchange and the unit of account that blockchain brings to anything from IOT…

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Added by Philip Copeman on December 5, 2017 at 16:44 — No Comments

Crypto Currencies

Economist Dawie Roodt takes the typical neoliberal line on Crypto Currencies. This would be the expected response of an economist who's salary depends on pleasing his big business bosses.

Dawie, Crypto Currencies are not some parochial kids idea, they stand somewhere between a new internet protocol and a digital pitch fork revolution.…

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Added by Philip Copeman on October 25, 2017 at 11:53 — 3 Comments

A glimpse of the future

Added by Philip Copeman on September 7, 2017 at 15:30 — No Comments

Open source software and economic inequality

Open source software offers Governments the opportunities to build the knowledge economy and built it inclusively.

The World Economic Forum roadshow is back in town again. Economic experts on sponsored trips with generous expense accounts check into the beach front hotels amid fan fair and flashing cameras. They are offering us more advice than President Trump gets. Exotic terms like “inclusi…

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Added by Philip Copeman on May 4, 2017 at 14:00 — 1 Comment

TurboCASH Subscription December

If you would like to get the maximum out of TurboCASH Accounting and your Windows 10 PC, sign on for the TurboCASH 5 subscription at $60 per year. The new version makes it a whole lot easier to run a paperless office using PDF filing, Accounting Made Easy is included. Spend a few hours on improving your understanding of finance this month and start the new year with a boost.

Buy N…

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Added by Philip Copeman on December 7, 2016 at 0:04 — No Comments

How Trump beat his taxes.

 Unless you have been under a rock for the last 6 months, you must have followed how President Elect Donald Trump avoided income tax over the last few years. He did this by using Depreciation!

Its all legal of course and most Governments offer you this…

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Added by Philip Copeman on November 15, 2016 at 11:30 — 4 Comments

New Release TurboCASH 5.0.969

Since 2003 TurboCASH as an Open Source Project, 1.5 Million Downloads and 130 00 registered users later.

These are your choices:

1) Download Version 4 for free. Choose links below.

2) Download Version 5 for free. Choose links below.

3) Join the …

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Added by Philip Copeman on August 16, 2016 at 14:00 — 6 Comments

Brexit

24 June 2016

England, today I am proud to call you my second team, a Nation of shopkeepers who never cease to astound the world. Brexit is a revolution!

The 1% threw everything that they could at you : world leaders, hedge fund managers, celebrities, industrialists and even priests. The 1% (OK me excluded) will…

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Added by Philip Copeman on June 24, 2016 at 14:30 — 2 Comments

Lack of candidates cause unemployment

There is no lack of employment for youth, only a lack of candidates. We can't employ youth because the candidates can't do what we want. We want open source developers. We have immediate openings for 50,000 developers

I live in Cape Town, South Africa, a second world country with a youth unemployment rate of 50%, depending on how you…

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Added by Philip Copeman on June 9, 2016 at 15:30 — No Comments

TurboCASH Backups

Things have changed since we wrote the first version of TurboCASH in 1984, but our quirky file system has hung with us. When we began disk space was at a premium. Its now a lot easier. Here is a quick brute force way to make backups.

Every set of books is in its own directory under…

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Added by Philip Copeman on January 7, 2016 at 17:43 — 1 Comment

Western Cape Cabinet meets Business - Report Back

Thank you to Western Cape Government and Nedbank for a great morning. It is always fun to rub shoulders with the 1%. Targeting innovation is a excellent theme. As a footsoldier for the open source movement, I have found that there is no better methodology for…

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Added by Philip Copeman on September 5, 2013 at 9:30 — No Comments

The Secret of Free Software

In a recent survey of 20 international accounting programs by Technology Personalised, TurboCASH came out on top. This is a good moment to ask the question : how is it possible to deliver a high quality accounting product free?



We are after all just like any other business, in that we use developers and marketers that have homes, grocery bills and schools fees to meet.…

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Added by Philip Copeman on April 1, 2013 at 9:35 — No Comments

Shall we introduce a charge for TurboCASH

For 10 years we have given TurboCASH away for free. We are mulling over making a small annual charge.

Any suggestions?

Added by Philip Copeman on March 15, 2013 at 16:56 — 3 Comments

The Beer Tax

This is still a classic . An oldie but goodie

tax system explained in beer



Suppose that once a week, ten men go out for beer and the bill for all

ten comes to £100.



If they paid their bill the way we pay our taxes, it would go something

like this.



The first four men (the poorest)…

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Added by Philip Copeman on March 5, 2013 at 10:21 — 3 Comments

What can SMEs exepect from the next Budget

I take umbrage with Business Partners CEO, Nazeem Martin.For his non commitment in his budget critique and his failure to stand up for the rights of SMEs.…

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Added by Philip Copeman on February 12, 2013 at 12:00 — 1 Comment

An audience with the Prophet of Profit

As the Project Leader of TurboCASH Accounting I am always looking for ways to improve the working business lives of our 100 000 small businesses users and the million people that have downlaod TurboCASH. I t was a breakthrough for me when Rudi Kruger,…

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Added by Philip Copeman on January 31, 2013 at 12:00 — No Comments

Blog Posts

VAT change from 14% to 15%

Posted by Philip Copeman on May 7, 2018 at 13:24 0 Comments

The Tax authorities may impose changes in the VAT (GST/Sales tax) rates. For example, in South Africa, the South African Revenue Services (SARS), changed the VAT rate from 14% to 15% on 1 April 2018.

PDF Explanation

TC-2018-VAT-CHANGE-OVER-Revision1.pdf…

Continue

I have a farm in Africa

Posted by Philip Copeman on April 21, 2018 at 19:27 0 Comments

... and then they want to take the land back without compensation? The idea is preposterous.
Land only has value if you can keep another African off it. Land only has value if you have complete tenure, right down to the freedom to dispose of the asset.
Naive attempts to directly tax the ownership of Land…
Continue

Blockchain Explained

Posted by Philip Copeman on December 30, 2017 at 8:41 1 Comment

Why blockchaine?

You just want to make invoices and collect you money. Why are we so excited about bloackchain here at the TurboCASH Project?

If you are confused by all the terms and don't know what the fuss is about.try this simple explanation in a browser.

https://anders.com/blockchain/…

Continue

The Case against Bitcoin

Posted by Philip Copeman on December 5, 2017 at 16:44 0 Comments

Will blockchain be enduring? – of course. Will Bitcoin be enduring? - not likely.





Unless you are familiar with the terminology of blockchain, having an argument about its future is like arguing with a physicist about the Big Bang. Right now the myopia caused by ignorance centres the crpyto discussion on Bitcoin, store of value and speculative demand. The real delivery of money, the medium of exchange and the unit of account that blockchain brings to anything from IOT…

Continue

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