How to find an ideal business accountant in South Africa
Discover how to find the best business accountant for your needs in South Africa. Ensure accurate financial records, compliance with regulations, and save time for strategic decision-making.
I read the Robert and Kim Kiyosaki book about how a key step in their journey out of debt and towards building an empire was having a bookkeeper with whom they met monthly, starting when they didn't have a lot of money. Amongst the things she brought to the table, certainly the skills/ activities I need are - a monthly reality check meeting of the state of finances - setting financial goals - an accountability partner towards those goals
We need to quote the following services: - Accountability services o Outsource accounting services o Audit services o Accounting support - Fiscal & tax services o Tax advisory services o Submit Tax declarations o Support in case of tax inspection - Labor Services o Outsource payroll preparation o Submit Labour Tax declaration o Support in case of tax inspection - Mercantile services o Local permits o Annual returns o Annual general meeting documents o Supporting documentation for shareholders Here you will find a list of questions we will ask to the new advisors once we close an agreement with them: Tax Advisory • Corporate Income Tax and Value Added Tax regimes for a permanent establishment o Confirm which is the standard corporate income tax rate (CIT) o Confirm which is the standard VAT tax rate for domestic sales (products and services) and for import of goods. o Confirm that exports are exempted from VAT taxation. o Explanation of indirect taxation system (VAT and customs duties), which will apply to products and services distributed by the new company. o Information about export and import permits. • Confirmation of the following percentages of withholding taxes applied to the payments done from to Spain: o on royalties o on interests o on dividends • Real State taxation • Information about requirements for receiving loans from foreign shareholders • Information about invoicing requirements • Transfer pricing requirements Labour Advisory • Types of contracts • Types of dismissal and costs • Number of pay wages to the employees and periodicity • Taxes paid for the employer • Taxes paid for the employee • Recruitment of foreign workers
A small business that operates from home. I buy and retail sales about 4 units per month. I have various costs of sale pertaining to these units. I am currently not VAT registered but would see that as the next step. My main objective is to become compliant i.t.o legislation. Being poor in administration I need someone who can keep me organised. It literally requires no more than an hour or two per month
Good day, as part of a permanent residency application for my spouse and I need a net worth evaluation (https://www.workpermitsouthafrica.co.za/the-financially-independent-permit/). The evaluation will be based upon - company share ownership (French company valued in the french stock market) - co-owned properties in Cape Town - checking and savings accounts in France I am a french citizen. Evaluation will include evaluation upon document in french translated in engligh by a sworn translator. Thanks
1) I am the sole owner and director of the company. 2) The company has shareholding in two companies which pay out dividends once a year. 3) The company is not selling any services/goods and as such not registered for VAT... or required to register for VAT at this stage. 4) My share certificate has been endorsed as non resident as i am a non resident in terms of DTA. 5) To date since the company is new I have not received any dividends as yet. The financial year end is 31 December. 6) i am not domiciled in and would require an accountant's services to represent me . 7) I need preparation of Annual Financial Statements in terms of IFRS for SME. As mentioned above the company has zero income or expenses to date. 8) Annual preparation of corporate income tax return 9) Preparation and submission of provisional tax calculation
I require a quote for bookeeping/accounting services for our company. Specifically, for tax requirements/ advice for international trade regarding tax processes for international currency, for services rendered from south africa, letter of credit, vat processes etc.. Kindly email your rates for the above services. Thank you
Hi. I want to acquire the ownership of the Company in terms of shareholding. My brother wants to quit as the Director of the Company and put me as the Director. Secondly facilitate the CIPC and Sars returns of my behalf. Kindly quote me based on my request which in future you will be doing returns on my behalf and pay on service rendered.
I am Canadian. I spend six months of the year in the Western Cape. I have a total rental income from three tenants in Muizenberg of R .80 per annum. I pay taxes separately on my Canadian income. I had registered with SARS and paid one year of taxes. Then my accountant was quite ill and got behind, and then when I was overseas he died and I didn't find out until I returned. He has left me two years behind on filing a return. Normally this would be a simple job, every year, now that Sotheby's Lew Geffen manages the properties. However, the two years that I am behind were a chaos of builders, roofers, and plumbers, as well as clumsy attempts by me to rent rooms and flats to individuals (more than one disappeared into the night). I believe I can recover nearly all the necessary receipts and records. I stay near Stellenbosch now. I intend to start investing some of the rental income next year on the JSE. I have no debts here or in Canada. I hope to acquire another property near Stellenbosch.
Good morning, I am at my wits end with SARS. My personal income tax changed from a payout of R32 , to a penalty of R23 . My precious employee refuses to give me any payslips and SARS has been sending me from pillar to post, I received a final demand and after numerous phone calls to their complaints line and consultations over the phone, they sill send me an automated response. I am registered online, would you be able to assist me please?
Processing cash books Bank reconciliation Processing monhtly invoices General ledger accounts Vat processing Monthly trial balance Monthly management accounts Access to accounting letter Monthly VAT reports Annual financial statement (full set) Ratio analysis Annual trial balance Access to annual accounting letter (Turnover letters) Tax Clearance Certificates Income Tax Report/Tax Computation/ITA34 Provisional Tax Compliance (IRP6s) Annual Income Tax Compliance (IT14/ITR14) Submissions of CIPC returns Submissions of Tax Clearance to CIDB others Vat compliance every two-months Direct consulting (by appointment) Email and telephone consulting Interpretation of Financial Statements Tax planning Professional support on day-to-day business issues