HI. My name is Jasveer. I am in the process of purchasing an existing laundromat business for R, and need advice on the VAT implications. I am buying the assets of the business. My own company is registered but has not traded yet and is not currently VAT registered. My key questions are: Should I register for VAT before completing this purchase? Can this sale qualify as a "transfer of a going concern" (TOGC) to avoid a VAT charge on the purchase price? What is the best process and timing for registration to optimize cash flow and compliance? I have a draft Purchase Agreement and can share the business's recent financials. Please let me know your availability for a brief consultation and what information you need from me.
May I please get a quote for accounting services. For Bookkeeping, Tax & Financial statements. We have 2 business: A clothing store (in a mall) has been operating for 4 years, 6 employees, gross income R2 million (p.a), net income R1 million (p.a), UIF contribution, not VAT registered. has been operating for 3 months, 5 employees, UIF contribution, not VAT registered
I am seeking an experienced Bookkeeper or Accountant with a proven track record in managing medium to large companies. The ideal candidate will be capable of implementing efficient financial systems, rectifying and streamlining previously mismanaged records, and supporting the company’s growth objectives. It is essential that this individual is available for in-person meetings, as collaboration and direct engagement will be a key part of the role.
I do consulting work for a company on a contract basis. I need to pay my own tax. When I signed the contract it was for 3 months. It was subsequently extended. I might have to register a company in order to reduce my tax. I have not paid any tax yet, as I have never done this before and need assistance.
We are a nonprofit organisation based in the Amangwe Tribal Area (Loskop - outside Estcourt, KZN) that runs a community-based hospice and provides support and health education to vulnerable children and families. We are looking for assistance with our financial statements each year, and some help with SARS tax matters occasionally as well. Our current annual budget is around R3,,.
I've been working abroad for more than a year (-current) and had to filed my tax return late. I paid the R penalty fee but according to my statement of account, I owe SARS R. On my return, it appears that there's no directive for my lump sum from the Western Cape EducatyDepartment. Can you help with this as the request for correction option is not available on my work page on SARS. Thank you.
SARS is hold a refund for this past tax return period by saying I have an outstanding return for , I vaguely remember having to advise SARS around that I was under the tax threshold in which was k if I remember correctly? I know my IRP5 was submitted by my employer at the time (EMP) timeously. I unfortunately don't have a copy of that periods IRP5 anymore but I think I might have some copies of old payslips for that period. 1. I need tax consultant to request and submit return (basic,no benefits, just payeband uif deduction) 2. I also need to make sure that my updated banking details have been saved on my profile
I am a Managing Agent registered with PPRA and have trust account that requires annual auditing and submission to PPRA. We also have a current account that requires an annual independent financial review. In addition I am working with Body Corporates that require annual financial statements can you please advise estimated prices and if these are services that your firm provide.
I'm trying to get a baseline\estimate cost for a company I would like to start in the next week, it would be an IT company that would offer services and products, however in starting phase, all\any people that work for this company would be purely on a comission base with no salary to start out with..
I dont even think I earn enough to pay tax as I work for myself. I did however receive a IRP5 from a company that makes use of my services. This IRP5 is confusing as mi imal tax was deducted and the annual gross income figure can not be true. I just dont understand this whole process. I usually did ny own tax as I worked for a company and now that I work for myslef it is complicated. Please send me quotes on how much you will charge to do my taz. Thank you
