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.
I have never filed any tax returns on E-filing as I work retail and was under the impression my employer submits payments made and my income is not exceeding Rk. It shows on my profile for the 1st time that I am not tax compliant and I received Final demand as it says I have not been paying my tax.
I am reaching out on behalf of MW s, a property company that is currently in the process of acquiring properties. Our structure consists of: A holding company (MW s) responsible for purchasing and managing properties. Two trusts that form part of our operational framework. Our current situation and operations are as follows: We are in the process of acquiring buildings. While we are not operational yet, we have signed transfer documents for properties, meaning we are actively purchasing them. All acquisitions and management are conducted through the holding company. There are no employees, but we have two directors overseeing the operations. We are seeking professional accounting services to assist us with: 1. Managing and maintaining financial records for the holding company and trusts. 2. Filing and managing tax returns, including VAT and other relevant obligations. 3. Advising on tax compliance for property acquisitions and management in South Africa. 4. Setting up a robust financial management structure as we prepare to become operational. We would appreciate a proposal outlining your services and associated costs. Please include any relevant experience working with property companies and trusts in South Africa.
I need to file for the most recent tax year but, for the first time, no assessment was available. I worked until April for Peace Parks Foundation, so have an IRP5 from them. I am now semi-retired, drawing a small retirement annuity, but also working to complete a PhD through the University of Ottawa at present (thus paying tax in Canada on my scholarship). My husband recently passed away and I will receive additional funds to either supplement my retirement annuity or my investments. My financial advisor suggested I secure the services of a tax advisor to assist with the filing and advise me regarding future investments / RAs.
I am a pensioner either an income of +/- R a month and pay myself bancrupt with income tax up to about R - R a year. I never have money for holiday or anything - all goes to taxes. I moved from Limpopo to Ballito and my accountant of many years seems to have lost interest in helping me. Please do I need help.
I require a company that can take care of my personal tax as our accountants have failed to submit my return, they have failed to update CIPC on my company profile, they handle my main companies bookkeeping and auditing, but i want my personal stuff moved to a small firm or individual that i can communicate with.
Hi there, I just need an accountant to help me file my tax returns. I have been out of the country for the passed 8 or 9 years and I've never done one I did some work towards tbe end of and again in . I'd like to claim some tax back that I have paid, I work in the film industry and they take 25% off my pay for tax. I don't want the taxman to keep all of my money. Please help me
We are a small self catering accommodation supplier with the need for formal accounting services for CIPC and Sars statements. We would like to be able to do the daily bookkeeping as required and then submit that for final approval and for financial statements. Three month bank statements available for the companies if they would want to make contact.
I am an online business retailing beds and mattresses. All suppliers are paid COD including delivery service. I have one part time admin employee and myself. I am SARS and CIPC compliant. I use Sage and capture all my own invoices and load the banking which is then allocated. My customers buy online through a website (I then capture the invoices) or I do a sales order / quote; payment is by EFT, Payfast or Buy Now Pay Later. I don't do store accounts for customers, only the occasional layby, all paid in full before delivery. About R per month turnover. I need the required SARS submissions and VAT returns.
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)