EMP501 SUBMISSIONS DEADLINE

MARKET LEADERS IN TAX COMPLIANCE

With the annual employers’ tax season deadline drawing closer, employers are warned to ensure they submit their company payroll data before the 31st of May 2021 to avoid a penalty of up to 10% of the year’s PAYE or criminal charges.

Our competitive advantage is our extensive team of Tax Specialists have the necessary tools to assist with your payroll reconciliations and submissions to SARS ensuring you are fully compliant this filing season.

Do Not Tempt Fate – It Is Not Too Late For Non-Compliant Employers!

MORE INFORMATION

SARS is on a drive to audit all non-compliant employers. Employers who have not withheld the accurate tax amount occur tax debt to the South African Revenue Service (“SARS”) and frequently find their tax exposures to be exceptionally large.

It is the employer’s obligation to withhold the correct Pay-As-You-Earn (“PAYE”) from remuneration paid to an employee and that the tax withheld is accurate and paid on or before the 7th day after the month in which remuneration was paid.

With an appreciation for the complexities of tax, we ensure complete client privilege on all engagements and deliver solutions that achieve optimal tax outcome while remaining fully compliant with fiscal law and statutory requirements.

OUR EXPERTISE

ACCOUNTING SERVICES

We often get enquiries from SME’s who have not correctly submitted company tax returns with SARS or have omitted such returns completely. These returns include provisional tax returns not submitted or paid. 

SECRETARIAL SERVICES

We not only ensure that your company is correctly registered with the CIPC, but our Master Tax Specialists provide pertinent advice as to what type of entity (individual/Trust/PTY LTD) is best suited for your start up and how your accounts should be structured to ensure tax optimisation.

PAYROLL SERVICES

Our accounting team can absorb the payroll tasks that take up unnecessary time and effort from your business. We do all the registrations with SARS, Department of Labour and COIDA to ensure compliance on behalf of the employer.

ESTATES HANDLING

As an executor of a deceased estate you are required to have advanced knowledge about a vast spectrum of aspects relating to the estate.  Keeping up with the changes in income tax legislation can be very cumbersome. 

INDEPENDENT AUDIT

We provide a specialist “one-stop shop” service that now includes performing audits for our clients. Our process is simple, whereby follow the guidelines set out by the International Auditing Standards.

INDEPENDENT REVIEW

At Africorp Accounting, we are able to conduct an Independent review in order to give management assurance that there is minimal error in information presented to them, this also gives users a more reliable source of information which allows them to make more informed decisions.

MEET THE MANAGEMENT TEAM

Lelanie Murphy

Lelanie Murphy
Director

Jerry-Botha

Jerry Botha
Strategic Partner

Craig-Rocher

Craig Rocher
Senior Chartered Accountant (SA)

CONTACT US

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