Accounting Services

For Individuals:
(Fees are inclusive of VAT)
Simple income tax return – salaried employee with no allowances – R650

Simple Income tax return – salaried employee with a travelling allowance – R870

Income tax return – as above but with additional non-remuneration taxable income. (interest, dividends, capital gains etc.) – R1050

Complex return – R1,400

 

Note some of the accounting services we offer. It is important to comply with all these statutory requierments, where applicable to you and your business.

Monthly services:

* PAYE 

Pay As You Earn is calculated on the gross salary wage that the employee earns, using EMP10 “tax tables” to determine the tax that needs to be deducted for that specific gross salary. After acquiring the above info, an EMP201 is completed and submitted for you.

* UIF

* Skills Development Levy

SDL is payable by the employer only and it is compulsory over a certain turnover.

* VAT

VAT documents needed are bank statements, cash slips, company credit card slips, invoices and cheques. Once all these documents have been received and captured, then a VAT201E can be completed and submitted. VAT returns are due according to your category A or B on the 25th of the month.

* Workman’s Compensation

* Salaries and wages

A copy of each employee’s ID Book to register for UIF is required. The employer needs to notify us of the gross salaries. We will then take the gross salaries and according to the EMP tax tables, calculate the amount of PAYE, UIF and SDL that is due to SARS. A schedule is drawn up and faxed to notify of the amount payable to each individual and the total amount due to SARS.

* Salary package advice

There are certain allowances allowed by SARS in order to reduce tax liability. For example, travel allowance, pension etc. Our skilled consultants can look at your salary and advise on the best possible way to optimize your tax savings.

* Processing of monthly documents

Monthly capturing of bank statements, cash slips, company credit card slips, invoices and cheques are captured on our accounting system and allocated to the relevant expense and income accounts.

* Management accounts

Management accounts can be produced in order for business to obtain loans or asset requirements.

* Trial balance

A trial balance is a summary of all monthly processing where income and expenditure is summarised for the month.

* Debtors report

Summary of all people who owe the company money

* Creditors report

Summary report of everyone to whom the company owes money.

* Payroll

A copy of each employee’s ID Book to register for UIF is required. The employer needs to notify us of the gross salaries. We will then take the gross salaries and according to the EMP tax tables, calculate the amount of PAYE, UIF and SDL that is due to SARS. A schedule is drawn up and faxed to notify of the amount payable to each individual and the total amount due to SARS.

Registration of:

* (PTY) Ltd Companies – (Proprietary Limited Companies)

* Trusts

* Changes in Members, Directors, Shareholders and Accounting Officers

Registration for:

* VAT

 

 The following documents are required to get registered:

* Registered address of Close Corporation or Company

* Postal address of Close Corporation or Company

* Certified copy of CK 1 or CK 2 and CK 2a [CC]

* Certified copy of CM 1; CM 2; CM 9 (if applicable); CM 29; CM 44 and CM 46 [PTY]

* Certified copies of ID of all members of CC or Directors of (Pty) Ltd

* Personal Income Tax numbers for all Directors of (Pty) Ltd or for all Members of CC

* Cancelled cheque

* Lease

* Amount of turnover R .00

* Compulsory or voluntary registration

* Start date for registration __________/________________/ 200____

* Residential address/es of member/s / Directors

* Postal address/es of member/s / Directors

* UIF

* The following documents are required to get registered:

* Registered address of Close Corporation or Company

* Postal address of Close Corporation or Company

* Certified copies of ID of all members of CC or Directors of (Pty) Ltd

* Certified copies of ID of all members of staff

* Value of their wages/salaries R .00

* Start date for registration __________/________________/ 200____

* PAYE

* The following documents are required to get registered:

* Registered address of Close Corporation or Company

* Postal address of Close Corporation or Company

* Certified copy of CK 1 or CK 2 and CK 2a [CC]

* Certified copy of CM 1; CM 2; CM 9 (if applicable); CM 29; CM 44 and CM 46 [PTY]

* Certified copies of ID of all members of CC or Directors of (Pty) Ltd

* Certified copies of ID of all members of staff

* Personal Income Tax numbers for all Directors of (Pty) Ltd or for all Members of CC

* Cancelled cheque

* Lease

* Value of their wages/salaries R .00

* Start date for registration __________/________________/ 200____

* Residential address/es of member/s / Directors

* Postal address/es of member/s / Directors

* Workman’s Compensation

* The following documents are required to get registered:

* Registered address of Close Corporation or Company

* Postal address of Close Corporation or Company

* Certified copy of CK 1 or CK 2 and CK 2a [CC]

* Certified copy of CM 1; CM 2; CM 9 (if applicable); CM 29; CM 44 and CM 46 [PTY]

* Certified copies of ID of all members of CC or Directors of (Pty) Ltd

* Personal Income Tax numbers for all Directors of (Pty) Ltd or for all Members of CC

* Cancelled cheque

* Value of their wages/salaries R .00

* Start date for registration __________/________________/ 200____

* Residential address/es of member/s / Directors

* Postal address/es of member/s / Directors

* Provisional tax payers

Annual Services:

* Annual Financial Statements

* Annual Returns

* SARS Tax Returns

* Workman’s Compensation

* IRP5’s with recon

Management Consulting in the following areas:

* Short term finance

* Purchasing or selling a business

* Advice on cash flow management

* Advice on the setting up of accounting structure within a business