Plan for irregular business expenses

Running a business comes with plenty of surprises – some good and some not-so-good. While you might plan meticulously for your regular expenses like rent, salaries, and loan repayments, the irregular, often overlooked costs can catch you off guard. Consider annual VAT payments, Compensation for Occupational Injuries and Diseases Act (COIDA), bonuses, vehicle licences, or unexpected maintenance. These expenses might not happen every month, but when they do, they can hit your cash flow hard. 

You don’t have to let these surprise costs derail your business. By planning ahead and saving for these irregular expenses, you can protect your financial health and keep your business on track. 

Here’s how you can take control:

1. Build your financial safety net 

Start by opening a dedicated savings account that gives your business the breathing room it needs. A business flexible savings account or our 32-day notice account offers competitive interest rates and the flexibility to save for specific goals. You can even personalise your accounts by labelling them for expenses like VAT, bonuses, or vehicle maintenance, so you know exactly what you’re saving for. 

Managing your savings has never been easier. Track your progress through our app, online banking, or any Capitec ATM, giving you complete control and visibility whenever you need it. 

2. Make saving a habit 

Saving for those annual or unpredictable expenses might feel like a challenge, but with a clear plan, it’s manageable. Start by estimating how much you’ll need for the year, whether for taxes, VAT, or bonus payments. Then, divide that total by 12 to get a manageable monthly savings goal. Even if you can’t save the full amount immediately, putting away what you can each month adds up. 

With our 32-day notice account, you can set up automatic transfers from your business account, making saving a seamless part of your financial routine. When those irregular expenses roll in, you’ll be ready—and your business will stay resilient. 

Plan today, save steadily, and avoid financial shocks tomorrow.