• 1          Accounting & administration

We offer a broad spectrum of accounting, financial, and consulting services across a number of industries to give business owners and managers the insight they need to prosper.

• 1.1 Bookkeeping - To succeed in business, you need accurate financial records. We have the expertise to provide thorough bookkeeping services, including general journal and subsidiary ledger maintenance, bank statement reconciliation, and tracking and analysis of receivables and payables.


• 1.2 Payroll – calculation and submission of monthly PAYE returns, bi-annual and annual reconciliation of paye and issue of IRP5 certificates to company employees;


• 1.3 VAT – calculation and submission of vat returns


• 1.4 Financial Statement Preparation and analysis - Accurate financial statement preparation is a necessary tool to provide business owners to make well informed decisions.
• Preparation of consolidated financial statements.

 

2          Advisory
In everything we do, we view our role as both your accountants and your business advisors. We provide financial guidance to the owner that he or she may achieve the primary goal of every entrepreneur, i.e. to maximize wealth.

3          Tax preparation
Taxes are a fact of life, and businesses, like individuals, must pay taxes on income. Contrary to a vast and general understanding, tax planning, for companies and many individuals, is a year-round event, rather an annual occurrence, and must be managed accordingly. And while the SARS E-Filing program may be a world class application in terms of its functionality, navigating your way around can leave you with more questions than answers.

• ￭ ITR12 for individuals
• ￭ ITR14 for companies
• ￭ ITR12T for Trusts  
• ￭ Capital gains tax – if capital asset is sold such as immovable property, stocks held as an investment, for more than its initial purchase price, the difference between the sale and the purchase price is called a capital gain and is taxed at a maximum rate of 18% for individuals, 18% for Special Trusts, 22.4% for companies and 36% for Trusts in the 2019 tax year.
• ￭ Provisional income tax returns
• ￭ Registration of tax exempt entities
• ￭ SARS liaison iro tax audits

It is our duty to maintain regulatory compliance to prevent costly penalties.

4          Management Consulting
Our management consulting services include budgeting, financial analysis, cash flow and break-even point analysis. In addition to this we do contract management, financial recordkeeping, reporting and third-party billing. We also assist not-for-profit organizations in ensuring compliance with laws and regulations, such as the preparation of income tax returns.

5          New Business Consulting
Having a great business idea is only half the journey to achieving success in your business venture. The other half is executing or implementing your idea. We assist start-up companies with business plans and financial forecasts to determine the feasibility of the venture. Many entrepreneurs have failed simply as a result of poor planning. Creating a business plan helps the owner to make better decisions and think long term about the operations and the finance.