Our Pay Roll Services

Overview

Our accounting and tax compliance services include a number of offerings that are particularly useful to privately owned companies and their owners. Our services will ensure that the business owner is left to focus on running their business, while we take care of their accounting work, including:

• Writing up the cash book
• Preparing the bank reconciliation on a monthly basis
• Accounting of purchases and expenses (including supplier general ledger)
• Accounting of income from the relevant system
• Maintaining an asset register, which includes:
  • documenting of all the assets according to their asset category;
  • calculating depreciation on a monthly basis according to Practice Note 19 of the SARS
• Preparing a balance sheet and income statement on a monthly basis for management purposes, and
• Preparing VAT returns

We also provide these services to business owners in their personal capacity, as well as to trusts. Our services include the compilation of personal financial statements, personal tax returns, and tax compliance services, namely:

• Submission of provisional tax returns
• Obtaining extensions if necessary
• Preparing the year-end tax return
• Checking the final tax assessment

Payroll Outsourcing

Establishment of payroll procedures for best corporate governnace;

Monthly processing, maintenance and reconciliation of all payroll reports;

Calculation and submission of monthly statutory returns;

Printing and delivery of payslips;

Administartion of staff policies;

Preparation and printing of IRP 5.

Benefits of Outsourcing your Payroll to us

• Monthly payroll management and correspondence

• Up to date monthly payroll management reports for your perusal

• Pay slips

• Changes to employee salaries

• Calculation of leave pay, bonuses, retirement or retrenchment packages

• Query resolution

• EMP 201 return submission to the South African Revenue Services

• Correspondence and query resolution at the South African Revenue Services

• Registrations at government departments

• Annual IRP 5 reconciliation and submission to the South African Revenue Services

• Bi-annual IRP 5 reconciliation and submission to SARS

• Legal Compliance

• Confidentiality

For More inforamntion on our payroll services, call our team today!