• Accounting

    Accounting – From R750 per month

    We offer a comprehensive accounting package from R750 per month. The offer includes the following per month: Capturing all transactions on Pastel Trial balance(Income statement and balance sheet) VAT201 (VAT form) submission EMP201 (Employee tax form) submission Annual income tax return Contact us for a quote.

    Comments Off on Accounting – From R750 per month
  • compliant.co.za tax
    Accounting,  Other,  Tax,  UIF

    Small business assistance requirements

    Small to medium enterprises can apply to receive financial or other assistance during the outbreak of the coronavirus. Click here to be redirected to the government website where applications are to be submitted. The following is a list of requirements in order for the application to be successful. The business must have been registered with CIPC by at least 28 February 2020. Company must be 100% owned by South African citizens. Employees must be 70% or more South Africans Priority will be given to businesses owned by women, youth and people with disabilities. Company must be registered with SARS and UIF. SARS and UIF must be compliant. Proof must be…

    Comments Off on Small business assistance requirements
  • Accounting,  CIPC,  PAYE,  Tax,  UIF,  VAT

    Closing your business – Here’s what you need to know

    People often ask me how to go about closing a private company and what their responsibilities are. CONTACT US FOR MORE INFO… The first thing to consider when closing a company is the tax implications. All taxes must be submitted and paid up to date, right up to the date that the company ceased to trade. This is applicable to all tax types. Income tax – Financial statements have to be prepared up to the date the company stopped trading. An IT14 return should then be submitted to SARS. If the company stopped trading in the middle of the financial year, financial statements must still be compiled, for all the…

    Comments Off on Closing your business – Here’s what you need to know
  • PAYE,  Tax

    Tax relief – Coronavirus

    Government has announced some tax relief for companies to give some relief for a few months. The following was announced: The government will provide a tax subsidy of R500 for all private sector employees who earn less than R6 500 per month. This will continue for a period of 4 months starting end of March 2020. All companies with a turnover of less than R50m per year, will be allowed to delay 20% of their PAYE payments for the next four months. This is only applicable to companies who’s taxes are up to date. These companies will also be allowed to delay a portion of their provisional tax payments towards…

    Comments Off on Tax relief – Coronavirus
  • PAYE

    EMP501 – Everything you need to know

    If your company is registered for PAYE, you will have to submit a EMP501 recon. The deadline is 31 October 2019. The period cover by the recon is 1 March 2019 to 31 August 2019. The purpose of the recon, is to ensure that the PAYE, UIF and SDL deducted monthly, is correct and agrees with the amounts paid over to SARS. And providing reasons for any differences found. Because the taxes have to be paid to SARS monthly, a penalty is raised if the amount deducted is less than the amount paid to SARS. The EMP501 submitted in October is seen as the mid year recon. IRP5’s are not…

    Comments Off on EMP501 – Everything you need to know
  • Accounting

    Accounting from only R750 per month

    We offer an accounting service from as little as R750 per month. The rate is determined by the amount of work that has to be done. The monthly accounting fee includes the following: Capturing on Pastel, and providing a monthly income statement and balance sheet to the client. Submitting the VAT form Submitting the PAYE form 2 x provisional tax forms per year Submitting the annual company tax return. We also add all new client’s to our tax practitioner profile on Efiling. This makes it easier for us to submit forms. We also then receive all notifications from SARS directly, enabling us to attend to any communications immediately. It is…

    Comments Off on Accounting from only R750 per month

Hi there! Click one of our representatives below and we will get back to you as soon as possible.

Contact us on Whatsapp