Services

Tax

Tax planning

The process of tax planning involves an assessment of the individual and the operations of a company to determine how and where there is room to save tax. There are many ways to legally minimize your tax bill.

Completion and submission of Company, CC and Trust tax returns

Annually, all Companies, CC and Trusts needs to submit an income tax return to SARS. We prepare and submit the income tax return based on the annual financial statements. Upon assessment we ensure that your return was correctly assessed by SARS.

Completion and submission of Individual tax returns

Similar to businesses individuals also need to submit an income tax return annually to SARS. This process has in recent years become increasingly complicated due to tax laws that change on a regular basis. Individuals prefer to leave this task to a professional in case SARS incorrectly assess their returns.

Completion and submission of Company, CC and Trust provisional tax returns

Companies, CC and Trust and certain individuals need to submit a provisional income tax return bi-annually to SARS. The process involves the estimation and calculation of taxable income. We ensure that estimates are calculated correctly and returns submitted on time.

Calculation, completion and submission of VAT returns

This service is performed as part of monthly accounting services. Alternatively, the VAT returns are submitted based on the accounting data maintained by the client. The VAT return is completed and submitted to SARS, with the client only authorising and releasing the VAT payment.

Calculation, completion and submission of Employees tax

This is performed as part of the monthly payroll service. This includes the calculation of PAYE/SDL and UIF. The EMP201 returns are completed and submitted to SARS with the client only releasing the tax payment.

Completion and submission Dividend Withholding Tax

This service is performed when the companies or clients has declared dividends. We complete and submit the DTW declaration to SARS.

Registration as a tax payer

As parts of SARS’s upgrading project, all employees that receive remuneration are required to be registered. We obtain all the information form the client and submit the application to SARS.

VAT vendor registration

All companies with taxable supplies with a turnover exceeding R1mil need to be registered as a VAT vendor. We obtain the information from the client to complete the registration.

Import and Export License Registration

Businesses involved in the trade of goods across South African borders are required to hold the appropriate import or export license issued by SARS Customs. Trading without the correct license exposes your business to penalties and the seizure of goods. We assist you with the application and registration process for import and/or export licenses, ensuring that your business is correctly set up to operate in international trade from day one.

Tax Clearance / Compliance Status Pin

A Tax Compliance Status (TCS) Pin, formerly known as a Tax Clearance Certificate, is required in a wide range of business situations — including tendering for government contracts, applying for business funding, opening certain bank accounts, and emigrating. We apply for and obtain your TCS Pin from SARS eFiling, verify that your tax affairs are in order before submission, and ensure that the pin is delivered to you promptly so that no business opportunity is delayed.

Financial Emigration and Expatriate Tax

South Africans who have permanently relocated abroad and wish to formally break their tax residency with SARS must complete a financial emigration process, now known as the cessation of tax residency. Failure to do so correctly can result in continued South African tax liability on worldwide income and complications when transferring assets out of the country. We guide you through the full process, from assessing your residency status under the Ordinary Residence and Physical Presence Tests, to submitting the required documentation to SARS and ensuring all outstanding tax obligations are settled before your tax residency ceases.

Approval for International Transfer (AIT)

SARS has consolidated the former Emigration Allowance and Foreign Investment Allowance applications into a single process known as the Approval for International Transfer (AIT). This approval is required by any South African tax resident who wishes to transfer funds abroad in excess of the annual single discretionary allowance, or who is in the process of formally ceasing tax residency. We manage the AIT application on your behalf, liaising with SARS to ensure all tax compliance requirements are met and that your funds can be transferred legally and without unnecessary delay.

Employee registration

SARS E-filing registration

Donations tax

Secretarial Services

Company registration

This service is normally used by new business owners that want to set up a registered trade entity.  This is also required by current business owners that want to expand or open new businesses.  We complete and submit of the required returns to CIPC.

Annual return submission to CIPC

• It is required by law that all Companies and CC are required to submit an annual return to CIPC disclosing the company’s information and any changes thereto.
• Submission of Compulsory Compliance Checklist

Maintenance of company statutory documentation and amendments

This includes the following:

• Appointment and resignation of directors
• Changes in shareholding of a company
• Name changes
• Year-end changes

CC amendments

Often CC requires changes and amendments to be made to the CC name, current member’s interest and details.

Beneficial Ownership Filing (CIPC)

In terms of the Companies Act and the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Acts, all companies and close corporations are required to maintain and file a register of their beneficial owners with CIPC. This is a relatively new and mandatory compliance requirement that carries penalties for non-compliance. We compile and file your beneficial ownership register with CIPC and ensure that it is kept up to date whenever there are changes in ownership or control.

Share Certificate Issuance

A share certificate is the official document that confirms a shareholder’s ownership in a company. Many business owners overlook this important corporate governance requirement, particularly after company registration or when shareholding changes. We prepare and issue professional share certificates to shareholders, ensuring that your company’s share register and supporting documentation are accurate and legally compliant at all times.

CSD Registration (Central Supplier Database)

Any business wishing to supply goods or services to any organ of state or government department in South Africa must be registered on the Central Supplier Database (CSD). Without a valid CSD registration, your business cannot legally trade with government. We manage the full CSD registration process on your behalf, including the compilation and submission of all required documentation, so that your business is positioned to access government procurement opportunities without delay.