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: Key personnel: Managing Partner - Mr. Thulani Zikhali Northplan is a chartered accounting firm that was established in 2004. We provide accounting services to businesses, trusts, and non-profit organizations in Johannesburg. Our managing partner is Mr. Thulani Zikhali. We are committed to providing quality services and exceeding our clients' expectations. We offer a wide range of services including bookkeeping, auditing, tax consulting, and financial planning. We are different from our competitors because we focus on providing personalized attention to each of our clients.
The company had only one project last year, with just two payments, resulting in very low transaction activity. However, I need a signed three-year financial statement from a bookkeeper (not an auditor) by Saturday. Since I became a director last year, I have maintained well-organized records using accounting software, with all expenses supported by source documents. However, I am concerned that the previous director may not have kept thorough financial records in earlier years. Additionally, the company is not currently paying salaries.
The business operates as a fitment centre for vehicle tracking in Boksburg for 8 years . We currently only have a one client for which we offer our labour services to . This client is both our only Debtor and Supplier . We currently have 7 employees of which 4 are fortnightly wage earners and three Salary earners . We are a small business but we have two other companies who will also require the similar services
Good day, Could you please provide me with a quote for the following: - SARS monthly EMP return submissions for a group of 6 companies which has a total of approximately - employees. - SARS bi-annual EMP submissions - SARS annual EMP submission & IRP5's for a group of 6 companies which has a total of approximately - employees. - Workmen's Compensation submissions (annual)
I am reaching out to seek your advice on refinancing my investment properties. I am the sole owner of MULOPO ASSET MANAGEMENT (PTY) LTD, a company specializing in real estate investment, and I currently own four properties in Pretoria, all of which were purchased in cash. My goal is to refinance these properties to unlock equity and acquire additional investments. I would like to understand the best practices to optimize my finances and maximize my chances of securing a favorable refinancing deal. Could you guide me on the necessary documents to prepare, key financial indicators to monitor, and the best accounting and tax strategies to successfully complete this process? I would be happy to schedule a meeting to discuss this in more detail.
This is a newly created company that will own 3-4 residential properties that will generate rental income. The company will not have any employees. Bookkeeping will be done by myself (owner and sole Director) on QuickBooks and I just require tax services and preparation of Financial Statements for the Bank who will finance the properties
Hi there, the business is no longer in operation. I would like to file nil VAT returns until the company has been confirmed as deregistered. In order for the business to be deregistered, I will require a tax clearance certificate please. Are you able to assist me with this process? Thanks Annie
• Capturing of monthly bank statements • Capturing of monthly creditors from a provided list • VAT returns • PAYE EMP monthly returns • Monthly or Bi Monthly or Quarterly or Bi-Annual or Annual Management accounts • Management accounts for bank (When required) • Annual reconciliations (VAT and PAYE) • Staff IRP5’S • PAYE EMP’S X 2 • Annual financial statements • IT14SD (Company tax supplementary declaration f required by SARS) • Company tax returns • Company provisional tax returns • Members / Shareholders personal tax return / s • Your personal provisional tax returns • Dividends tax returns • CIPC annual returns the whole thing
I hope you are well. In respect of the deregistered CC for an estate late. 1. Information as to whether there were any loan accounts or suretyships, alternatively, a letter from an accountant on his/her letterhead confirming that there are no assets or liabilities in the business, 2. Confirmation of shareholdings, 3. Valuations in respect of shareholdings and 4. Financial statements.
Needs some time and mind
Morning, Hope to find you well. Please see below request for quotation: This is what we need to be quoted on please. • A review of the company’s system of accounting and internal control • Selective tests and enquiries in respect of the day-to-day operations the business and verification of assets, liabilities, and commitments at the balance sheet date. • Taxation services • Computation of Provisional Tax, completion, and submission of Tad Return (IRP 6) for company • Arranging with the taxation authorities for the necessary extension of time for submission when the annual returns referred to above cannot be filed on due dates • Monthly accounting & tax services • Reviewing of PAYE & UIF information and submission of EMP forms monthly • Payroll for 3 Employees • EMP recon • Reviewing of tax type report and submission of VAT returns • Annual accounting & Tax • Drafting of Annual Financial Statements • Submission of Annual Income Tax for company • CIPRO Return • Annual Statutory administrative services • Acting as registered office by CIPRO • Acting as secretarial officer • Safekeeping of original files and documents and where appropriate, maintaining minute books, registers, and related files. • BEE Certificate once a year If you please can get back to me regarding your charges.