Accounting made simple for all types of businesses
With our expert team handling your accounting needs, you can focus on running your business with confidence.
is accounting important?
Accounting is crucial for your business to succeed!
Financial Management & Decision-Making
Accurate accounting provides the financial data needed for sound business decisions. Accounting also tracks cash inflows and outflows, ensuring businesses can meet financial obligations and plan for future expenses.
Compliance with Legal Obligations
Proper accounting ensures compliance with tax regulations, enabling businesses to calculate and file accurate tax returns, while minimizing the risk of audits or penalties.
Performance Measurement
Accounting helps businesses understand if they're making a profit or running at a loss, by tracking revenues and expenses. Financial statements like profit and loss (P&L) statements give insight into financial performance.
Services
Everything you need to manage your businesses finances.
Financial Statement Compilations
Financial statement compilations provide businesses with organized financial data in a structured format.
Personal income Tax Calculation & Submission
Determining your taxable income, applying tax rates, calculating deductions and credits, and filing the
appropriate forms with SARs.
Accurate submission ensures compliance with tax laws and minimizes
penalties.
Business Tax Calculation & Submission
To calculate businesses tax liabilities based on profits, deductions, and other financial information, and then submit the required tax returns to SARs.
Bookkeeping
Is the process of recording, organizing, and managing a business's financial transactions on a regular basis. It is a fundamental part of the accounting process and ensures that financial records are accurate, up-to-date, and compliant with legal requirements.
VAT
Is a consumption tax levied on the value added to goods and services at each stage of production or distribution.
Company Registrations
Legally creating or incorporating a business entity with the relevant authority in the jurisdiction where the company intends to operate.
Payroll
Is the process of compensating employees for their work, including the calculation, distribution, and reporting of wages, taxes, and benefits.
CIPC Requirements
The Companies and Intellectual Property Commission (CIPC) is the South African regulatory authority responsible for the registration and maintenance of companies, intellectual property rights, and other business-related activities. To legally operate in South Africa, businesses need to comply with certain requirements laid out by the CIPC.
Tax Planning & Advice
Tax planning and advice involve strategies to minimize your tax liability while ensuring compliance with tax laws.
Contact
Contact Us
Address
565 Jabu Ndlovu Street, Pietermaritzburg, KwaZulu-Natal, 3201
Call Us
078 459 6633
Email Us
faizshafiq@FASCharteredAccountants.com