VAT made simple: when to register & how to file your VAT201
Confused by SARS VAT? This simple guide for SA businesses explains the R1 million threshold, when to register, and how to file your VAT201 correctly to avoid penalties.
About: Crescot is a company that provides accounting services to businesses in the Midrand area. We have been in operation for over 10 years and have a team of qualified accountants who are ready to help you with all your accounting needs. We offer a range of services including bookkeeping, auditing, tax return preparation, and financial statement analysis.
I need it for the past financial year and the next one.
I registered this company years ago for a business venture that went nowhere. The company made zero income. I had no background in business so I didn't understand how to properly close down a business. I haven't done anything with this business and it hasn't been operating for years now. A few days ago, SARS contacted me saying I need to file a tax return for this business. I have no idea what to do now.
Bookkeeping accountant is what am looking for.
We need a quote for audited AFS. Our revenue is 4.5 million
Also need help on individual and Trust tax returns
Sars tax returns
MY PRINTING AND MANUFACTURING COMPANY HAS STARTED DOING OK AND I NEED TO GET A VAT NUMBER AND ALL THE OTHER RELATED SARS BOOKING DONE FOR ME .
Hello I am a full time working radiographer who started a side business in making and selling anatomical lead markers that radiographers use on X-Rays. I registered my side business at the CIPC as a closed company and did everything possible to reassure customers that I am legit and not a scam as some radiographers doubted the business when they saw the payment was made to a private cheque account etc. I had a business banking account for some time. I now just use a Capitec savings account. I have kept all monthly banking statements. And most of my slips when buying stock etc. Since the business is registered at CIPC, SARS is now demanding that I get up to date with annual filings etc. But I have never filed anything, as my side business does not generate enough money that qualifies to pay tax and as far as I know I never registered for being a VAT vendor. But now SARS is sending me correspondence that steps will be taking against me? After 7 years I have less than R35k all together in my account. I need someone who can assist me with completing the annual filings. I don’t know if it must be done via CIPC or not? Then to deregister my company as I do not want it to be registered anymore at CIPC or SARS. Thank you Have a good day Yvonne, SA