TAXATION SERVICES

 The return is a statement of income and expenditure of the business. Also,  any tax to be paid on the profits made by you is declared in this return. The return also contains details of the assets and liabilities held by the business. 

 Tax returns allow taxpayers to calculate their tax liability, schedule tax payments, or request refunds for the overpayment of taxes. Tax returns must be filed annually for an individual or business with reportable income, including wages, interest, dividends, capital gains or other profits. 

 Provisional tax is not a new nor an additional tax imposed on a taxpayer. Rather, it is an advanced payment towards your income tax liability, with these advanced payments serving as tax credits to offset your final calculated income tax liability on assessment. 

 A tax clearance certificate is a document issued by the South African Revenue Service (SARS) that confirms that a business has complied with its tax obligations. For new businesses in South Africa, obtaining a tax clearance certificate is an important step in ensuring compliance with tax laws and regulations. 

 A tax directive is an official instruction from SARS to a taxpayer’s employer or fund manager to deduct tax at a set rate, determined by SARS. This directive ensures that a fair tax rate is paid on your earnings, especially for larger or irregular payments. 

 Company Registration at CIPC, SARS, COID, Customs & more.