Tax Services Kuruman
It's hard to sleep knowing you could be opening up your mail and getting a call from SARS any day. Let us relieve some of that anxiety for you. We'll file all of your paperwork, so unwanted calls and tax audits will never happen again.
Companies in South Africa are required to pay 28% of all their profits after deducting for certain expenses.
SARS (the government) wants to make sure that people pay their taxes.
That is why some companies have to pay taxes twice a year - in February and August.
We will declare dividends to your shareholders for you.
This has some tax implications. But we will do it right, so don't worry!
Tax planning is different from regular tax returns.
Tax planning is not just submitting your tax forms and paying taxes. It is a long process to set up strategies throughout the year to limit how much you have to pay in taxes.
Most businesses don't take advantage of this so they have higher taxes than they could have if they did the right things. But if you do, others might not be able to compete with you because their taxes are so high!
Value Added Tax (VAT) is a 15% tax that you must pay for the value you add with your services or to the products you offer.
All businesses that have an annual turnover of 1 million or more have to register for VAT.
Same holds true if you had 1 million or more turnover in any 12 consecutive months.
VAT needs to be submitted every 2 months and it is wise to set that money aside so you don't run into cash flow problems when paying your VAT.
A lot of business owners forget, which can lead them into difficulties with tax authorities as they need pay their due amount on time each year (VAT).
We separate this responsibility from our clients' shoulders by providing accurate calculations for all payments related within the industry's scope - knowing everything will always get calculated correctly while also making sure there isn’t anything left unpaid out of confusion over what accounts were used where or how much went missing during processing in previous years
We will keep your VAT up to date and prepare your VAT Reports.
Keeping track of your VAT is very important because it shows where all of the money is going and if you are always up to date with it.
We will send you a VAT Return every 2 months.
This means that the work is done right, and if there are any problems with SARS, they won't happen to you.
It is frustrating and time consuming to communicate with SARS.
Don't waste your valuable minutes - leave it in our capable hands, we've been dealing them for years!
We know how get things done so you can focus on other important aspects of running a business or home life like raising kids while maintaining an active income stream from your business.
You need a tax number to e-file your taxes.
This is the easy part, we'll get you registered for it automatically!
Sometimes your taxes need to be audited to make sure that you are paying all the taxes you owe.
Don't worry, because our team will help you during these audits.
We keep everything up-to-date and within the legal framework.
SARS is responsible for getting as much taxes from you as they legally can.
This could lead to some disputes about your taxes and it's not always a happy process, but we are on your side and will handle any disputes with SARS. It is not in your best interests to deal with SARS yourself - Your time and wellbeing is more important than anything else.
We are experienced in this field and will represent you.
All employers in South Africa need to register Pay-As-You-Earn tax for their employees.
The employer must register this for the employee.
PAYE needs to be submitted on a monthly basis.
It can be hard for business owners to keep track of this paperwork, so it is best if you let us do it for you.
We have done this work for other businesses in the past, and we are good at it..
IRP5s are important because they show you how much taxes you have paid throughout the year.
If you overpay, then you can get a refund.
All employers should give their employees a safety net through Unemployment Insurance.
If someone loses their job, they will get a certain amount of money from the government to stay afloat while they look for work.
Everyone should be registered with the Workman Compensation Fund.
It is important for both employees and employers. Employees are protected by the act if they get injured or contract a disease on duty. They can claim compensation for temporary or permanent disability.
And employers are protected from being sued for damages by employees who got injured or contracted a disease on duty.
Employees should get paid for the work they do.
However, it can be hard to pay every employee each month.
We will take care of all your payroll needs and pay employees on time every month.
Employment costs are one of the biggest expenses for a business.
You should always be aware of how much you are paying your staff and whether it is worth the money.
Not all employees are worth their monthly salary, so you should know when to hire more skilled workers or upskill your current staff.
Few things can hurt a company as much as an employee who does not work hard and only costs the business money.
It is a good idea to keep track of everything about your employees.
That is why we have created this database with all the information you could ever want.
Kuruman
South-Africa
Kuruman
South-Africa