AUDIT & ACCOUNTING

Compilation of annual financial statements
Calculation of the Income Tax obligation for the financial year, and completion and submission of Income Tax return
Drafting of resolutions at year end
Summary of share portfolios
Capturing of all financial transactions
Providing set of management accounts at month end
Advice on what constitutes a valid tax invoice
Calculation, completion and submission of VAT returns
Training and assistance for bookkeepers, accountants and financial managers on VAT matters, and capturing of accounting data on Pastel, Xero, Quickboocks or Excel working papers
Providing SARS with all supporting documentation in the case of an audit being conducted by SARS for Income Tax or VAT purposes.
Assistance with the completion of an IT14SD supplementary declaration when requested by SARS. We will collate and provide SARS with the necessary supporting documentation, as required.
Assistance with the payment of VAT liability