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.
Good day.i am in need of help to file my tax return.i am a permanent employer.with a seperate rental income.i did start a business for the rental income.so maybe 4 months of income went intonthe business account.however after that i had the rental income paid into my personal account.so i will need to file for provisional and for business.the monthly rental was between r and r from March
We are a very small business looking for tax services. We have outstanding returns for and (we provided our accounting firm with the information, but it was not submitted) and will require an accountant to submit our tax information. Turnover is under Rk. Please note that I am currently in Australia, but my partner is in Sedgefield. Please text any requests you have on WhatsApp or email me and I will reply as soon as I can (we are 9 hours ahead of South n time)
I need a system that works. Like SAGE. Online asistance, training etc. I can do all my admin and have assistance on reports and financials. Monthly payroll and all tax and vat stuff to be handled. Include annual returns. We use ZAR and USD so must have knowledge on multiple currencies and exchange rates
Good day, I have been working abroad for about 5-6 years now. 1 year in South Korea and 5 years in Beijing China. I paid tax in both of these countries. My income is still less that 1.25m per year. Recently I bought a house in South Africa that brings in a rental income of about 10-15 rand per month. This is the only income I am getting from South Africa. I dont know if I have a tax number since I never really worked in South Africa. When I worked in SA it was bartending and waiter jobs while I was studying...below the tax bracket. After my studies I went directly abroad and only come back for holidays once every 3-4 years for 1 month. Can you give me advice on how I should handle my taxes in South Africa? Or is no tax filing needed in my case?
We have a small business consulting service where we prepare our own cash and accruals trial balance on a spreadsheet which rolls into a p/l and balance sheet for year end .There are only two consultants with minimum expenses limited to business travel and meetings We need someone to undertake the following: 1.Review and sign of the financials 2.Prepare the tax return 3.Submit the CIPC and annual returns and any other secretarial matters
Good day, I'm looking for an accountant living in Cape Town. I need someone which is dealing with SARS, VAT refund, bookkeeping, CIPC, Financial Year Statements. Are you doing these services. I'm in Tourism as a Tour Operator. Looking forward to received your rates and type of services. Kind regards, Patricia
1.Internal Controls and Auditing: Why it's needed: Funders want to ensure that the organization is managing its finances with integrity and transparency. Internal controls minimize the risk of fraud, misuse of funds, or financial mismanagement. What it involves: Establishing procedures to ensure financial transactions are reviewed, authorized, and documented properly. An independent audit by a certified accountant is often required to verify the financial reports and ensure compliance. 2.Bookkeeping and Financial Record-Keeping: Why it's needed: Accurate and up-to-date financial records are necessary to track income, expenses, and donations. This will help funders understand how money is being spent. What it involves: Recording all financial transactions (e.g., donations, grants, event income, and expenses) in a detailed and organized manner, typically using accounting software.
Sars is unfair. I was detained in July the police attached the Sars evidence documents. The case was dismissed by the court 2 years after. Meanwhile I had been in communication with Sars asking for a revise because they inflated my tax costs. I still have the documents but they refused to resolve. I then decided not to do their returns. I would love to get a professional proficient organization to assist me in engaging Sars to resolve the impulse. Thank you
I would like to close the company as I no longer make money with it, however SARS has sent me a letter stating that they have information that my company is operating and has monetary transactions taking place whereas it is not the case. I am unable to prove this as the business bank account affiliated is not active and has probably been handed over to lawyers for not having paid back a loan. The bank said they would only be able to retrieve statements if there is a letter from SARS requesting the information.
I have been looking for someone to do my taxes, however my three nationalities complicates things a bit. I am a citizen in Germany, South Africa and The United States. I only started working this year for the government as a community service veterinarian. My bank account has been blocked by the IRS in the past already and I need to know if there is any additional documentation that I need to submit to the German and United States governments in terms of taxes to avoid a block on my account.