VAT and Taxation​

All services require a SARS Power of Attorney letter

EMP201: Return, Zero Return

Ensuring that all employees within an organization are paid in an accurate and timely fashion

You will need:

  • Payroll information

VAT201 Return, Zero Return

A declaration, which you need to make at the end of every tax period if you are a vendor, which reflects the VAT that you have charged on supplies, or for which you are liable to declare output tax, and the amounts that you believe you are entitled to deduct as input tax

You will need:

  • 2 months bank statements

Tax Clearance certificate

Document confirming that the applicant’s tax affairs are in order

You will need:

  • E-filing profile login details

Business Tax Return (IT14)

A statement of income and expenditure of the business

You will need:

  • Annual Financial Statements

Provisional Tax Return (IRP6), Zero Return

Provisional tax is not a separate tax from income tax. It is a method of paying the income tax liability in advance, to ensure that the taxpayer does not remain with a large tax debt on assessment. Provisional tax allows the tax liability to be spread over the relevant year of assessment

You will need:

  • Companies
    • Management Accounts

Individual Tax Return (ITR12)

Submit to a federal, state or local taxing agency to report income, calculate and pay taxes

You will need:

  • Bank Statements
  • IRP5
  • Medical certificate
  • Annuity certificate
  • Logbook (if you receive a travel allowance)

EMP501 (including IRP5/IT3(a))

A report that has all of your staff earnings required by SARS

You will need:

  • Payroll Information

PAYE/SDL/UIF

PAYE

The tax required to be deducted by an employer from an employee’s remuneration paid or payable.

SDL

A levy imposed to encourage learning and development in South Africa and is determined by an employer’s salary bill.

UIF

The Unemployment Insurance Fund (UIF) gives short-term relief to workers when they become unemployed or are unable to work because of maternity, adoption leave, or illness. It also provides relief to the dependants of a deceased contributor

You will need:

  • CIPC documentation
  • Proof of address (company and individual)
  • Proof of banking details

Payment arrangements

You will need:

  • Letter requesting payment arrangement

Address change

For when your company moves to different premises

You will need:

  • Proof of address
  • Certified ID

VAT registration

Must be VAT registered in order for your business to charge VAT

You will need:

  • CIPC documentation
  • Proof of address (company and individual)
  • Proof of banking details
  • Invoices (proof of turnover being over R50 000,00)

VAT/PAYE Deregistration

You will need:

  • Certified ID

VAT103

Registration certificate for dealers liable to pay value added tax

You will need:

  • Certified ID

E-filing profile creation

To handle all SARS related queries

You will need:

  • Certified ID
  • Proof of Address
  • Proof of banking details

Shelf Company

Ask our Business Support Specialist about what we can offer you

You will need:

  • Certified ID (if ID card, then front and back)
  • Proof of Address (company and individual)
  • Three preferable names