Tax Services Rooderpoort | Tax Service Rooderpoort

Where To Find The Best Tax Services Company In Roodepoort

You are looking for professional tax services in Roodepoort; where do you turn? You would certainly have to select your tax services partner very carefully, what with all the SARS (South African Revenue Service) regulations, legislation and red tape surrounding all tax functions in modern businesses. First of all, make sure that your tax services company is registered as a Tax Practitioner with SARS.

Keep in mind that private individuals’ tax year runs from 1 March to 28 February but this is not always the case for companies. You have to complete your tax return every year and file it with SARS, based on the money you had earned. Companies also have to register for Value-Added Tax (VAT) if they earn more than R300,000 per year. You may register for VAT voluntarily if you earn more than R22,000 per month. Just make sure that a competent tax services company in Roodepoort handles your tax matters and keep you on the right side of the law.

Businesses may also have to register for various other types of tax. These include PAYE (Pay As You Earn), which is an employee tax and is compulsory for any business that pays remuneration. It is applicable to all employees that earn more than R46,000 per year. Another example is Skills Development Levy (SDL), a compulsory levy scheme that was introduced by Government (and is payable by companies) to fund education and training. The SDL threshold is currently set at R500,000 per year. Unemployment Insurance Fund (UIF) is another example, also applicable to companies where employees earn salaries.

Shamu Bookkeeping Services provides tax services in Roodepoort, in addition to accounting, bookkeeping and debt management services. We can help you today, so contact us.