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: Soltax business consultants cc is a professional accounting firm that has been providing businesses, trusts, and non-profit organizations with quality accounting services for over 10 years. We are located in Addington, Durban Central and serve the Durban area. Our accounting services are designed to save you time and money, and our knowledgeable staff is always available to answer any questions you may have. Contact us today to schedule a free consultation!
We are seeking to work with an independent mid-size accounting firm to provide a range of services for our SA business. These will include the following: 1 Payroll and taxes 2 Vat 3 Annual returns 4 Dealing with statutory and compliance requirements in the market 5 Supporting any local needs like setting up a new entity 6 Potentially some book keeping and collections work, which can be agreed on a T&M basis 7 Other services we will arrange on an as required and will expect you will have in house experts able to support us on say tax matters, for example. We are seeking a good service, a single point of contact and a cost effective proposal. We use Xero and will be doing invoicing and most collections from our UK HQ. If this is something you can assist us with, please let me know what time we can speak today to discuss your service offering and cost estimates.
VAT REGISTRATION WITHIN 7 DAYS
Want to switch from sole prop to company. Have an old dormant one, will need name change, change of directors, vat reg, import and export permit. After that, Monthly accounting, vat prep and payments, tax prep and payments, salaries for 2 people, about transactions a month. Turnover about Rk pm. Annual statements. I only use Zoho books for accounting. Will give accountant, bookkeeper access. Must be located in Pretoria, East or South Preferred.
Require to update and complete financial statements for company from inception based on single bank account transaction. No petty cash applicable. No employees. Consulting service ISO standard implementation for companies. Transactions less than 50 per month and less than 1 mil ZAR turnover per year. No VAT.
I am preparing to apply to purchase a bond therefor as this agency bring in additional income, I am required to provide various Self Employed documents such as financial statements, management accounts, business bank statements and Letter of income from the accountant. Below I have attached company's registration doc. I am looking forward to hear for you soon.
I am a one man band company. I will need to draw a salary from my company as an employee of the company. I need to get VAT registered. Will require all compulsory services in order to manage SARS compliance.
Please email me with any questions you have. We do our own books on Sage. May need some occasional accounting queries answered. We need someone to submit our Vat . We need someone to do our company tax and personal tax x 2 . We have completed our first trading year Feb . EMP assistance. If possible we need assistance in setting up Workmans Compensation. We have four employees plus 2 Director salaries.
We would like to work with the Accountants by posting daily all transactions into a book keeping system that the accountants can have access to for monthly (possibly weekly) financial statements. We have up to 7 divisions: 1. Farming Bee removals & keeping Full Organic farming Community farming teaching & training Full free-range chicken (layers & broilers) mixed farming. 2. Adventures Wildlife farming Volunteer projects African Safaris - Photographic African Safaries - Special interests groups 3. Refridgeration, Air-conditioning, Ventilation & Heating. 4. Lifts, Hoists, Elevators and Plumbing. ETC All records we will post daily.
I need financial statements from March _ February