TAX A SURED (PTY) LTD | YOUR TRUSTED PARTNER IN NAVIGATING TAX AND ACCOUNTING COMPLEXITIES

A SURED SERVICES AND OFFERINGS

At Tax A Sured (Pty) Ltd, we recognize the complexities of managing tax obligations, payroll processes, and financial accounting, particularly as deadlines approach. Whether you’re an individual, business owner, trustee, or non-profit organization, having expert support is essential for compliance and peace of mind.

We are committed to providing comprehensive, jargon-free services tailored to your unique needs. With the financial year-end approaching, let us guide you through important considerations, key steps, and actionable advice to ensure your tax and financial obligations are met efficiently.

OUR SERVICES: SIMPLIFYING TAX AND ACCOUNTING

1. TAX COMPLIANCE AND REGISTRATIONS

• Filing annual, provisional, and dividend withholding tax returns for individuals, trusts, companies, and non-profits.
• VAT, PAYE, Customs Registrations, and more.
• Managing SARS appointments and tax dispute resolutions.

2. PAYROLL MANAGEMENT

• Handling payroll calculations on a weekly, fortnightly, or monthly basis.
• Compliance with SARS, UIF, and Compensation Fund requirements.
• Expert management of ETI tax claims and payroll software.

3. ACCOUNTING SERVICES

• Recording monthly transactions and reconciling VAT submissions.
• Managing VAT201 submissions and SARS-related disputes.
• Preparing accurate monthly management accounts.

4. ESTATE TAXES

• Calculating taxes due at the Date of Death.
• Assisting with estate registrations and deceased estate clearances.
• Advising on rollover provisions and post-death tax reporting.

5. EXPAT AND NON-RESIDENT TAXES

• Guidance on Tax Residency changes and withholding directives.
• Calculating exit charges and applying for Approved International Transfers.

Our approach is transparent, client-focused, and efficient. By partnering with us, you can focus on what truly matters – running your business and managing your priorities.

PREPARING FOR FINANCIAL YEAR-END: KEY STEPS

With February 2025 approaching, it’s important to take proactive steps to close the financial year accurately. Here’s how you can prepare:

1. Reconcile Accounts: Verify all income, expenses, and balance sheet items.
2. Provisional Tax Deadline: Final payments are due by 28 February 2025. Accurate provisional tax calculations are key.
3. Payroll Updates: Ensure outstanding UIF and Compensation Fund contributions are resolved.
4. Tax Planning: Maximize deductions, including the retirement annuity cap of 27.5% of taxable income.
5. Organize Supporting Documents: Categorize expenses (business, personal, and capital) appropriately.
6. Review Capital Gains or Losses: Identify asset sales or investments that impact your taxable gains or losses.
7. Forecast Tax Liabilities: Set aside funds to meet potential tax obligations.

Following these steps will help you meet deadlines, minimize errors, and avoid unnecessary penalties.

“MY FIVE CENTS”: PRACTICAL INSIGHTS FOR YOUR FINANCIAL SUCCESS

At Tax A Sured, we believe in empowering our clients with knowledge. That’s why we created “My Five Cents”, a resource hub offering practical, easy-to-understand articles on tax, accounting, and financial compliance. Here’s what you’ll find:

• SARS Updates: Stay informed about key changes, deadlines, and compliance updates.

  • Example: SARS Auto-Assessments: What You Need to Know

• Taxpayer Best Practices: Articles to help individuals and businesses manage their tax obligations efficiently.

  • Example: Common Tax Filing Mistakes to Avoid

• Business Compliance and Tips: Guidance for businesses, trustees, and non-profits to remain compliant and organized.

  • Example: Preparing for the Financial Year-End

By visiting “My Five Cents” regularly, you can stay ahead of tax updates and make informed decisions about your financial responsibilities. Simplified insights are just a click away.

WHY CHOOSE TAX A SURED (PTY) LTD?

• Expertise: Our team stays up to date with the latest tax laws and compliance requirements.
• Personalized Service: Every client receives attention tailored to their specific needs.
• Reliable Support: We manage the heavy lifting so you can focus on your goals.

No matter the size of your tax or accounting challenge, we are here to assist.

LET US HANDLE THE COMPLEXITY, SO YOU DON’T HAVE TO

At Tax A Sured, we streamline your tax compliance, payroll management, and accounting processes. With the financial year-end fast approaching, don’t leave these obligations to chance.

STEPS TO WORK WITH US

1. Contact Us: Schedule a consultation to discuss your needs.
2. Assessment: We evaluate your financial position and determine the best course of action.
3. Implementation: Our team handles your tax compliance, accounting, or payroll requirements.
4. Ongoing Support: We provide continuous support, updates, and expert advice as needed.

Contact us today to learn more about our services or visit our resource hub, “My Five Cents”, for timely financial updates and news.

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DISCLAIMER

Nothing in this article and/or post should be construed as constituting tax advice or a tax opinion. An expert should be consulted for advice based on the facts and circumstances of each transaction/case. Even though great care has been taken to ensure accuracy, Tax A Sured (Pty) Ltd does not accept any responsibility for consequences of decisions taken based on this article and/or post. It remains your own responsibility to consult the relevant primary resources when taking a decision.