Services
What we do
Quick, Quality services always
Accounting, Auditing, Taxation Services and Secretarial administration
Preparation of Annual Financial Statements
• Preparation of Monthly Management Accounts
• Tax Compliance
• VAT Returns
• Payroll services including payslip
• Independent Reviews
• PAYE Returns
• Bookkeeping
• Tax Returns (Income tax,IRP5 individual,IRP6 Provisional tax)
• Financial Management Support Services
Accounting Services
ANNUAL FINANCIAL STATEMENTS
A company’s financial statement is constructed to give an indication of company’s finances – both its activity and performance. the statement illustrates where money went, and what your current accounts look like. companies are required to submit fincncial statements annually as these statements allow government agencies to ensure that companies are staying compliant with tax and financing regulations.
- Balance sheets
balance sheets provide in-deph information about your company’s current financial status. It will provide information on your company’s assets, liabilities and shareholders equity. The balace gives clear indication of a company financial position at the end of a reporting period.
- income statements
income statements show how much revenue a company generated within a specific timeframe. The statement also indicates costs and expenses associted with every income. A company’s income statement will therefore show its gross income, and then its income after tax and other deductions, to determine whether you made a profit or not.
- cash flow statements
Cash flow statements are important because a company should always have sufficient cash on hand to pay its expenses. These statements will illistrate your company’s incoming and outgoing cash transactions.
Bookkeeping allows you to create accurate financial records for analysis to gain insight into whether your business is actually making a profit and how much whether it is financially stable and growing or in trouble and serious intervention is required to put it on the right course, apart from this bookkeeping is needed for tax purposes. The records must be accurate since SARS can become a inquisitive about not having financial records. The same holds for investments and for getting loans or to make your business attractive for potential buyers.
Your cash flow statements can give you idea of your business’s current financial health. But wouldn’t it be nice to see your campany’s future cash flow? you dont need a crystal ball to view your cash flow? You don’t need crystal ball to view your cash flow’s future. Instead create a cash flow projection, We are the company you can trust in preparingthe cash flow projections.
Services and Business Advisory
- Registration of Private Companies/ NPO/ Co-Operatives and NPC
- Conversion of Close Corporations to Companies (CC to (Pty) Ltd
- Amendments of Close Corporation and/or Company Details
- Annual CIPC Returns
- CIDB Registration and returns
- Business Plans and Business profiles
- BBBEE Consulting
- Unemployment Insurance Fund (UIF) Registration and submissions
- PAYE Registration and submission of returns
- VAT Registration and submission of return
- Compensation for Occupational Injuries and Diseases (COID) Registration
- NCR Registration and annual reports
How We work?
Tax Services
- VAT/Paye Registration
- Payroll Service
- VAT/Paye Return Submission
- Tax Clearance Certificate
individual Tax Services
Our team has worth of experience in attending to our individual, trust and estate client’s taxation requirements.
through many years of commited service we have built a valued professional relationship with our clients which allows the clients comfort and security in knowing the continuity of the team members, the quality of advice and service.
As tax practitiioners we have developed a robust working relationship with commissioner for South African Revenue Service(SARS). We are regconised as a leading tax practitioner firm which allows us easier access to SARS
We can gladly assist with the following:
- High net worth for individuals and families
- Tax planning
- Consulting
- Compliance services for individuals, trusts and deceased estate which includes: (Tax return completion and submission, and also good standing tax clearance certificates)
corporate & partnership Tax Services
Our corporate tax consulting team is well versed in advising clients on the following issues whivh are frequently encounted:
- Business disposals
- Business valuations
- Depreciation allowances
- Exit planning: minimising tax on selling a business
- Extraction of profits: maximising after tax returns on extration of funds
- Group restructuring
- mergers and acquisitions
- Dividends tax
- Share incentive schemes
- Shareholder and owner issues
- Transfer pricing
- Tax health checks
payroll services
- Prepare monthly payroll and generate payslips
- Complete UI19 forms
- Monthly UIF and PAYE
- Half-year and IRP5 recons
- Submit annual return of earnings (ROE) to the compesation fund
audit
- Audit Services (Schools and NPO)
- Independent Reviews
- Operational Services
- Financial Services
- Information Technology Audits
Free Estimation
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Tshithavhane Accountants has adequate resources for the services that it provides to its target market, as we strive to develop a healthy working environment between ourselves and our clients.