Services – TCS Accounting

Services

Timeous submission of all tax returns for individuals and companies (Income Tax, Vat, PAYE, Provisional, Cipro (Now CIPC) Annual Returns etc.)
Tax Planning, Tax Structuring and Tax saving tips
Travel allowance claims
Company car claims
Rental income calculations
Preparation & submission of all provisional tax returns
Preparation & submission of all annual income tax returns
Preparation & submission of secondary tax on companies (STC - tax on dividends)
Telephonic consultations
Face-to-face consultations with you
Communications with the South African Revenue Services
Registration as a taxpayer and for all tax types (Income tax, VAT, PAYE, UIF, SDL, Provisional Tax etc.)
Submission of all Outstanding tax returns
Salary structuring
Assessment audits
Objections assessments
General tax queries
Assistance with Capital Gains Tax calculations and submissions

General accounting
Payroll services
Bank reconciliations
Pastel capturing and keeping track of accounting records
Financial Statements and Management Accounts
Financial reporting
Preparation of the accounting records and year end file
Trial Balances, Income Statements, Balance Sheets
Creditors and Debtors statements and control accounts
Asset Registers
Proof of Income Letters
BB-EEE Certificates (BEE – Certificates)
Cash flow statements and Projections
Business plans, cash flow statements, budgets or any other requirements by your bank
TCS Accounting would supply all the financial information and services the client may require for the company

Pastel Payroll, client setup, data capturing and company setup
Generating pay slips (electronically and hardcopy)
Submitting EMP201 returns electronically to SARS (PAYE/SDL/UIF)
Submitting Statutory UIF data electronically to the Commissioner
All deductions calculated per employee & paid over to SARS & Dept. of Labour from your designated bank account
Keeping and updating leave records
Recording of overtime
Recording of loan accounts
Recording of employees leave
Compiling salary related reports
Compiling financial salary-related journals
Issuing of IRP5 and IT3(a) certificates at tax year-end
PAYE Employer Reconciliations: EMP501 Returns (bi-annually) • Completing Workmen’s Compensation Commissioner Annual returns
Employee personal tax registration (Compulsory SARS requirement as from 2011 tax year)
Salary structuring

Tax amnesty
Face-to-face consultations with you
Tax saving tips and Tax Planning Strategies
Advice on allowances e.g. (Travel allowance vs. Company car)
Advice on different entities e.g. (CC’s vs. PTY’s vs. Sole proprietors vs. Partnerships)
Salary structuring
Opening a new company
Capital gains tax planning and structuring

A Tax Clearance Certificate is a written confirmation from the Revenue that a person's tax affairs are in order at the date of issue of the Certificate. In some instances, a certificate may be issued to a customer who has tax arrears provided such arrears are covered by an instalment arrangement that has been agreed with the Revenue
The requirement to produce a Tax Clearance Certificate usually arises in the context of a person seeking:
- State money (e.g. Government contracts, grants)
- Obtaining licenses (e.g. excise license, road transport license)
- Applying for tenders
- Applying for bank loans
- Applying for 30-day accounts at all major suppliers
- To prove good standing for any institute that requires them
- Obtaining BBEEE certificates

Obtaining Tax Clearance Certificates
BEE / BB-EEE Certificates
Tax Planning, Tax Structuring and Tax saving tips
Tax advise and ongoing effective management by tax specialists
Assistance with SARS queries, audits, re-assessments and re-calculations and objections as well as appeals of wrongly assessed tax returns
Assistance with Pastel accounting packages
More than 12 years relevant tax experience for individuals and companies
Face to face consultations with experienced tax practitioners
“On the go” telephonic tax and accounting assistance
Timeous SMS, telephonic and email reminders for outstanding returns and submission due dates

We will offer you a 30-minute FREE consultation! That is how confident we are!