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Services

Accounting payroll, tax and bookkeeping

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Bookkeeping  

  • Recording day-to-day financial transactions and completing the posting process

  • Verifying that transactions are recorded in the correct day book, supplier ledger, customer ledger, and general ledger

  • Reconciling banking transactions, invoices, slips, accounts payable, and receivable

  • Handling payroll in a timely manner

  • Assisting with managing all accounting transactions

  • Bringing the books to the trial balance stage


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    Compliance and Reporting  


  • Registering Companies with CIPC

  • Filing annual returns with CIPC

  • Changes/corrections on CIPC

  • Workman's compensation

  • Ufiling


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    Tax  


    Tax Compliance and Filing

  • Preparation and submission of personal and business income tax returns to the South African Revenue Service (SARS).
  • Ensuring compliance with local tax regulations, including Value-Added Tax (VAT) submissions, Provisional Tax, and Pay-As-You-Earn (PAYE).

    • Tax Planning and Advisory

  • Strategic tax planning to minimize liabilities and maximize savings.
  • Advice on the optimal tax structure for businesses, including corporate income tax, VAT, and employee taxes.

    • VAT Registration and Management

  • Assistance with VAT registration and deregistration.
  • Preparation and submission of VAT returns and reconciliation of VAT accounts.

    • Provisional Tax Management

  • Calculation and submission of provisional tax returns.
  • Monitoring provisional tax payments to ensure compliance and avoid penalties.


    • PAYE and Payroll Taxes

  • Management of employee tax deductions (PAYE).
  • Monthly payroll tax submissions and annual reconciliations (EMP501) to SARS.


    • Tax Dispute Resolution

  • Handling of SARS audits, objections, and appeals.
  • Representation and negotiation with SARS on behalf of clients to resolve disputes.

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    Capital Gains Tax (CGT) Management

  • Calculation and reporting of capital gains or losses.
  • Advisory services on minimizing CGT liabilities for both individuals and businesses.

    • Estate and Trust Tax Services

  • Tax planning for estates and trusts to ensure compliance with South African tax laws.
  • Preparation and submission of estate and trust tax returns.

    • Company Tax Compliance

  • Registration of businesses for income tax, VAT, PAYE, and other relevant taxes.
  • Preparation and submission of company tax returns, including SARS IT14 submissions.

    • Expatriate Tax Services

  • Tax compliance and advisory services for expatriates and foreign businesses operating in South Africa.
  • Assistance with tax residency status, double taxation agreements, and tax planning for non-residents.


    • SARS eFiling Support

  • Assistance with SARS eFiling registration and management.
  • Troubleshooting and resolving eFiling issues.


    • Tax Clearance Certificates

  • Application for and renewal of tax clearance certificates for tenders, emigration, and good standing.


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    Financial Planning and Analysis  


    Financial Forecasting and Budgeting

  • Development of comprehensive financial forecasts to project revenue, expenses, and cash flow.
  • Creation and management of annual and quarterly budgets to align with business goals and monitor financial performance.

    • Cash Flow Management

  • Analysis and optimization of cash flow to ensure sufficient liquidity for operational needs.
  • Implementation of strategies to improve cash flow, reduce risks, and enhance financial stability.

    • Financial Statement Analysis

  • Preparation and analysis of financial statements, including income statements, balance sheets, and cash flow statements.
  • Identification of key financial metrics and performance indicators to provide insights into business health.

    • Business Performance Monitoring

  • Regular review and analysis of business performance against key metrics and benchmarks.
  • Provision of detailed reports and dashboards for management to support decision-making.


    • Cost Management and Optimization

  • Evaluation of business expenses and identification of cost-saving opportunities.
  • Implementation of cost-control measures and efficiency improvements to maximize profitability.


    • Profitability Analysis

  • Assessment of product, service, or customer profitability to identify high-performing areas and areas needing improvement.
  • Strategic recommendations for enhancing margins and reducing unprofitable activities.

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    Strategic Financial Planning

  • Long-term financial planning to support business growth and expansion.
  • Scenario analysis and modeling to assess the impact of different strategic decisions and market conditions.

    • Risk Management and Mitigation

  • Identification and analysis of financial risks, including market risks, credit risks, and operational risks.
  • Development and implementation of risk management strategies to minimize exposure and safeguard assets.

    • Investment Analysis and Advisory

  • Evaluation of potential investment opportunities, including mergers, acquisitions, and capital investments.
  • Financial modeling and due diligence to support investment decisions and maximize returns.

    • Performance Benchmarking

  • Comparison of business performance against industry standards and competitors.
  • Identification of strengths, weaknesses, and opportunities for improvement through benchmarking.


    • Tax-Efficient Financial Planning

  • Integration of tax strategies into overall financial planning to minimize tax liabilities.
  • Advice on tax-efficient investment and business structures.


    • Financial Data Management and Reporting

  • Application for and renewal of tax clearance certificates for tenders, emigration, and good standing.
  • Preparation of customized financial reports to meet specific business requirements.


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