Growth and Compliance Pathway

Description

Running a small business is hard without worrying about paperwork and taxes. Our Growth and Compliance Pathway helps you stay organised and grow your business without the hassle. We make sure your records are always up to date, so you can stop stressing and focus on what you do best.

We created this service just for small businesses in South Africa that have R1.5 million or less per year and have up to 5 full time employees. We take care of everything, from keeping your books organised each month to making sure your taxes are filed on time, so you can relax and look at the big picture.

Here’s What You Get:

• Cloud-Based Record Keeping: We use online tools to keep track of every payment, receipt, and invoice. Everything is recorded and sorted out in real-time, so you can always see your updated finances.
• Real-Time Collaboration: Collaborate seamlessly with your accountant using cloud tools, giving you up-to-date financial insights whenever you need them. This real-time access allows you to make informed decisions quickly without waiting for end-of-month reports.
• Bank Account Balancing: We keep your bank accounts balanced and check that all numbers are right. If there are any problems, we fix them fast, so you always know where your business stands.
• Tax-Ready Records: We keep your records updated all the time, so tax filing is easy and stress-free. Everything is organised and ready when you need it.
• Easy Access to Records: You can easily see all your business records in real-time. This way, you can focus on growing your business instead of worrying about bookkeeping.
• Filing EMP201: We manage the monthly submission of PAYE, UIF, and SDL to SARS, ensuring your employee taxes are filed correctly and on time to avoid penalties.
• Filing EMP501: We handle the bi-annual reconciliation of payroll taxes with SARS, ensuring that all employee taxes match the amounts submitted and that discrepancies are resolved.
• Filing Provisional Tax returns: We prepare and file your provisional tax returns twice a year, ensuring that your tax liabilities are managed effectively and there are no unexpected bills.
• Filing Income tax returns: We manage the preparation and submission of your annual income tax return to SARS, ensuring compliance and helping you take advantage of available deductions.
• Filing CIPC Annual Returns: We take care of your annual company compliance filings with CIPC, making sure your business remains in good standing.
• Submitting Financial Accountability Supplement: We submit the required financial accountability documents alongside your CIPC annual return, ensuring transparency and legal compliance.
• Preparing Annual Financial Statements: We prepare annual financial statements that are complaint with the requirements of the Companies Act and they provide a clear picture of your business’s financial health. These statements are essential for decision-making, investor relations, and loan applications.