Services

Tax Advice and Compliance Services

Income tax legislation is becoming increasingly complex, with the South African Revenue Services imposing severe penalties in an effort to improve compliance. Understanding the impact of tax legislation is essential to minimize the liability facing your business.

Our tax planning and compliance services encompass:

  • Income tax registration
  • Completion and submission of annual and provisional tax returns
  • Tax directives and tax clearance certificates
  • Objections and appeals
  • International tax
  • Capital gains tax
  • Estate tax planning
  • Calculation of liability
  • Corporate and personal tax planning
Specialised Tax Planning

Tax, commercial and legal requirements have increased in complexity.  This presents an imbalance that confronts businesses with a multitude of challenges.  And keeping up with change, while remaining responsive to client demands, puts enormous pressure on both intellectual and technical resources. Our team of experienced tax consultants offers a specialised range of national and international tax planning and structuring services, including:

  • Tax planning, consulting and structuring
  • International tax : tax efficient cross border structures and transfer pricing
  • Tax opinions and objections
  • Specialised legal and commercial services
  • Indirect Tax : VAT reviews and consulting; customs and excise duties
Tax Risk Management
  • Employee Tax : Payroll Consulting and reviews
  • High Net Worth Individuals: Tax Compliance, Tax Admin, Tax Planning and Estate Planning
  • Farming
  • Expatriate Services : Consulting and compliance
Trusts and Trust Administration

Trust and Trust administration is a minefield, with complex and ever-changing legislation and case law. Fortunately, trust formation and management make for one of our particular fields of expertise, with an experienced staff able to provide you with a full service offering, including:

  • Formation of trust
  • Trust administration
  • Preparation of Annual Financial Statements
  • Preparation of annual trustee minutes and resolutions
  • Registering changes to trust deed, beneficiaries and trustees with the Master of the High Court
  • Appointment as an independent outsider trustee to trusts in which the trustees are all beneficiaries and the beneficiaries are all related to one another.
Company Secretarial Services

Compliance with the Companies Act is an essential part of your business activities. Outsourcing your company secretarial duties to our experienced staff ensures adherence with required legislation while you focus on growing your business.

Our services comprise:

  • Company and close corporation registrations with CIPC, including external companies
  • Deregistration of companies and close corporations
  • Conversions of companies and corporations
  • Shelf companies
  • Amendments to Memorandum of Incorporation (MOI)
  • Changes in directors, shareholders and other statutory information
  • Allotment of shares
  • Registered office facilities
  • Submission of annual returns to CIPC
  • Preparation of minutes for special and other resolutions, including members and board meetings
  • Company registration - online application
Payroll Services

The Payroll Services are as follows:

  • Registration as employer
  • Weekly/Monthly Payslips
  • Monthly Summary payroll report
  • Statutory return calculation and submission for : PAYE, UIF & SDL
  • Bi Annual and Annual IPR5 reconciliations
  • Salary structuring and advice
  • Bargaining Council Returns
  • Workmen's Compensation Returns
Services offered by associates: Ross Munro & Associates

ROSS MUNRO & ASSOCIATES

Accounting, Financial Management and Management Accounting Services. At Ross Munro & Associates we specialise in providing small and medium sized entities with accounting and related services.

The Accounting services can be provided either in house or at your premises and include:

  • Processing of source documents
  • Bank, creditors’ and debtors’ reconciliations
  • Debtors and creditors age analysis
  • VAT reconciliations and returns
  • Management reports
  • Assistance with design of accounting processes
  • Implementing of computer process and support, including Pastel training
  • Statutory registrations, including Income tax, VAT and payroll (PAYE, UIF and SDL)

The Financial Management and Financial Statements:

  • Act as Accounting officer to Close Corporations preparing working papers and Annual Financial Statements
  • Provide externally complied Annual Financial Statements for companies (see New Companies Act and PIS below)
  • Compile financial statements for Body Corporations, Trusts, Individuals and Partnerships.
  • We also offer you a review service of accounting records and reports, performed and prepared by your in-house accountant.

The Management Accounting Services:

It is a fact that day-to-day management of a business can be dramatically improved through the choice of external management expertise and skills – especially as managers can become too close to the business to recognise potential risk.

  • Business Valuations
  • Strategic planning and business structuring
  • Preparing business plans and budgets
  • Assisting with negotiations
  • Drafting of commercial documents and contracts
  • Financial and management support
  • Turn-around strategies and corporate restructuring
  • Design and implementation of financial control systems
  • Corporate governance and risk management services