From VAT submissions, to advice on Capital Gains tax, our business tax services provide all the information, guidance, advice and practical delivery you need to meet your business tax obligations. As a trusted partner in your business, we offer sound tax advice that is grounded in an in-depth knowledge of what every business is required to report on. Our attention to detail means that your records will be kept meticulously accurate and compliant at all times.
Business Tax Accounting Services to Help Streamline Administration and Submission
JK Accountants is a Cape Town firm that offers business tax accounting services to clients in the following industries:
- Tourism & trade
- Professional services
From tour operators to fertiliser producers, estate agents, and lawyers make use of our range of tax services to ensure full compliance with the SARS regulations. Whether VAT submissions, Capital Gains tax, PAYE, IRP6 or tax clearance is the issue at hand, clients trust us to guide and provide them with professional and affordable tax consultation and service assistance.
Typical business accounting services in relation to tax are that of:
- Applications for tax clearance
- Tax registration
- Completion of provisional tax returns
- VAT submissions
- Secondary company tax calculations and returns
- Capital Gains tax
- Tax queries at SARS
- Monthly statutory compliance
- Annual submissions
- PAYE registration
Although a small company can certainly afford the full time services of an accountant it often makes more sense to outsource the business tax bookkeeping part simply because it saves the company on cost of employment and also ensures full compliance with all statutory regulations. Apart from the above, the company can also save considerably on time, frustration, and resources by having professionals handle the tedious and complex tasks of business tax administration.
Cost-effectiveness of the services is one of the main reasons for making use of our experienced team of accountants. We know that you want to focus on the business at hand and simply don’t have the time and resources to allocate specifically to keeping abreast with the latest requirements. Our team, however, is committed to ensuring that you will not be kept in the dark. We keep up to date with every regulation and ensure timely submission of information to your benefit.
Where you need to plan ahead to minimise the effect of taxes on your business, you can rely on our expertise to guide you through the maze of complexities that are associated with business taxes. We can also assist in setting up your accounting system and handle normal business bookkeeping tasks such as:
- Income statement
- Balance sheet
- Creditor and debtor age analysis
- Monthly bookkeeping
- Creditor and debtor processing
- Journal adjustments and bank reconciliations
- Fixed asset register maintenance
Payroll administration is another part of business management that takes up a lot of time and resources. It is directly related to taxes and when outsourcing such together with the tax bookkeeping, a business can thus streamline the process of annual submissions considerably. We offer services such as:
- Statutory compliance
- Employee benefit structuring
- PAYE, SDL and UIF registration, monthly management and submission
- PAYE bi-annual reconciliation of deductions and certificates
- Annual issuing of IT3 and IRP5 certificates
- Employee pay slip issuing
Our auditing expertise is well appreciated by clients and includes assistance with:
- Internal auditing
- Independent reviews
- Annual financial statement preparation and issuing of approval reports
Save money, time, and valuable resources by outsourcing all or part of your business tax and accounting needs to a professional company to ensure full compliance and accuracy of statements.